NI HoldingsNODK
NODK
About: NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. The company operates only in USA.
Employees: 234
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
5% more capital invested
Capital invested by funds: $69.8M [Q2] → $73.3M (+$3.41M) [Q3]
0.52% more ownership
Funds ownership: 22.13% [Q2] → 22.65% (+0.52%) [Q3]
4% less funds holding
Funds holding: 55 [Q2] → 53 (-2) [Q3]
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for NODK.
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
NI Holdings, Inc. Announces Leadership Transition
FARGO, N.D., Nov. 22, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (the “Company”, NASDAQ: NODK) announced today the appointment of Seth C. Daggett as President and Chief Executive Officer (CEO), effective December 1, 2024. Mr. Daggett brings over two decades of industry experience, most recently serving as the Company's Chief Financial Officer (CFO) and Treasurer. Mr. Daggett succeeds Cindy L. Launer, who had been serving as Interim CEO during the Board of Directors' (the “Board”) search for a permanent CEO, as previously announced.
Neutral
GlobeNewsWire
1 month ago
NI Holdings, Inc. Reports Results for Third Quarter Ended September 30, 2024
FARGO, N.D., Nov. 07, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended September 30, 2024.
Positive
Seeking Alpha
2 months ago
A Deal For NI Holdings Where Everyone Wins
American Family Insurance is selling its non-standard auto insurance business to Sentry Insurance, signaling the potential for more mutual insurance deals. NI Holdings, Inc. is undervalued, trading at 75% of FCTBV, and has failed to justify its public existence with poor financial performance. The company should remutualize, potentially selling to a mutual insurance company for around $27.50 per share, benefiting all stakeholders.
Neutral
GlobeNewsWire
4 months ago
NI Holdings, Inc. Announces Leadership Change
FARGO, N.D., Aug. 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that Michael J. Alexander has stepped down from his role as President and Chief Executive Officer of NI Holdings, along with his role as a board member of the company, effective August 13, 2024. To ensure seamless stewardship of the company until a permanent successor is named, the Board has appointed Cindy L. Launer as Interim Chief Executive Officer, effective August 13, 2024.
Neutral
GlobeNewsWire
4 months ago
NI Holdings, Inc. Reports Results for Second Quarter Ended June 30, 2024
FARGO, N.D., Aug. 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended June 30, 2024.
Neutral
GlobeNewsWire
5 months ago
NI Holdings, Inc. Completes the Sale of Westminster American Insurance Company
FARGO, N.D., July 05, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) has completed the previously announced sale of its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale was $10.5 million in cash, subject to certain post-closing adjustments pursuant to the Purchase Agreement dated May 7, 2024.
Neutral
Business Wire
7 months ago
AM Best Places Credit Ratings of Westminster American Insurance Company Under Review With Negative Implications
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Westminster American Insurance Company (WAIC) (headquartered in Owings Mills, MD). These Credit Ratings (ratings) have been placed under review with negative implications following the recent announcement made by NI Holdings, Inc. [NASDAQ: NODK], its ultimate parent, that a definitive agreement has.
Neutral
GlobeNewsWire
7 months ago
NI Holdings, Inc. Reports Results for First Quarter Ended March 31, 2024
FARGO, N.D., May 09, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended March 31, 2024.
Neutral
GlobeNewsWire
7 months ago
NI Holdings, Inc. Agrees to Sell Westminster American Insurance Company
FARGO, N.D., May 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) (“NI Holdings”) announced today an agreement to sell its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale is $10.5 million in cash, with proceeds planned to be used for general corporate purposes. The transaction was unanimously approved by the Board of Directors and is expected to close in 2024, subject to regulatory approval and other closing conditions.
Neutral
GlobeNewsWire
9 months ago
NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2023
FARGO, N.D., March 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the year ended December 31, 2023.
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