Nelnet
About: Nelnet Inc is a United States based company engaged in these four segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management Includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Loan Servicing and Systems Segment derives majority of the company's revenue.
Employees: 7,550
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
179% more call options, than puts
Call options by funds: $393K | Put options by funds: $141K
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
25% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 10 (+2) [Q2]
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
5% more funds holding
Funds holding: 152 [Q1] → 160 (+8) [Q2]
3% more capital invested
Capital invested by funds: $1.15B [Q1] → $1.18B (+$36.2M) [Q2]
0.2% less ownership
Funds ownership: 46.0% [Q1] → 45.8% (-0.2%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
TD Cowen Moshe Orenbuch 73% 1-year accuracy 11 / 15 met price target | 15%downside $98 | Hold Maintained | 12 Aug 2024 |