NODK

Is there any insider trading activity or changes in institutional ownership around the release date that might signal market sentiment?

Created August 08, 2025 at 08:16 PM

Short answer:

Based on the excerpt you provided (the press release announcing NI Holdings, Inc.’s Q2 2025 earnings), there is no information about insider transactions, changes in institutional ownership, or any other shareholder‑level activity. Therefore, we cannot directly assess whether any insider‑trading or institutional‑ownership shifts occurred around the August 8 2025 release date.

How to Find the Relevant Data

If you want to determine whether there were any noteworthy insider‑trading events or institutional‑ownership changes that might reflect market sentiment around this earnings announcement, you’ll need to consult a few specific sources:

Data Type	Where to Look	What to Look For
Insider transactions (Form 4, Form 5)	SEC EDGAR → “Ownership” → “Insider Transactions” (search for NI Holdings, ticker NODK)	• Purchases or sales by officers, directors, and 10 % shareholders in the days/weeks before and after 08‑08‑2025. • Size of the transaction relative to the insider’s total holdings (e.g., a 5 % stake purchase could be bullish).
Institutional holdings (Form 13F, 13D/G)	SEC EDGAR → “Ownership” → “Institutional Holdings” (13F) and “Beneficial Ownership” (13D/G)	• Changes in the number of shares or percentage ownership reported in the most recent 13F filing (typically filed within 45 days of quarter‑end). • New 13D/G filings that indicate a “beneficial owner” acquiring >5 % of the float.
Ownership summary services	Bloomberg, Refinitiv Eikon, FactSet, S&P Capital IQ, Morningstar Direct, or free sites like Yahoo! Finance → “Holders” tab	• Quick view of top 10 holders and any recent “ownership change” alerts. • Trend of institutional net buying/selling over the last 30‑90 days.
Insider monitoring tools	OpenInsider, SEC Form 4 Search, MarketBeat Insider, SEC Guru	• Alerts for any Form 4 filed within a window (e.g., ±5 business days) surrounding the earnings release.
News & analyst commentary	Press releases, newswire services, analyst reports (e.g., Thomson Reuters, Bloomberg News)	• Commentary that may reference insider sentiment (“CEO bought more shares”) or institutional moves (“BlackRock increased stake”).

Typical Market‑Sentiment Signals from These Data

Signal	Possible Interpretation
Large insider purchase (especially by CEO/President)	Often perceived as confidence in the company’s near‑term outlook; can be a bullish catalyst.
Large insider sale (especially if >10 % of holdings)	May be neutral (diversification) or bearish (lack of confidence). Context matters: sales for personal liquidity vs. strategic divestiture.
Multiple insiders buying within a short window	Stronger positive signal, suggesting consensus belief in upside.
Institutional net buying (increase in % of float)	Indicates that professional money managers see value; often precedes price appreciation.
Institutional net selling (especially by large funds)	May signal concerns about valuation, growth prospects, or sector risk.
New 13D filing (acquisition >5 % of float)	Can be a catalyst; the filing often includes the buyer’s intent (e.g., “seeking board representation”).
Significant reduction of a major holder’s stake	May be a red flag, especially if the holder is a long‑time supporter.
No material insider or institutional activity	Neutral; market reaction will likely be driven more by the earnings numbers and guidance themselves.

Practical Steps to Perform a Quick Check Right Now

Search SEC EDGAR for “NI Holdings” (ticker NODK).
- Look at the most recent Form 4 filings (date‑sorted) to see any insider trades on or near 08‑08‑2025.
- Note the insider’s name, relationship, number of shares bought/sold, and the price.
Check the latest 13F filing.
- Identify the reporting date (e.g., 06‑30‑2025 quarter ends, filing likely around early August).
- Compare the holdings to the previous 13F (e.g., Q2 2024) to see net additions or reductions.
Use a free tool like OpenInsider.
- Filter for “NODK” and set the date range 07‑30‑2025 through 08‑15‑2025.
- Highlight any transactions >5 % of the insider’s existing position.
Visit Yahoo! Finance → “Holders” tab for NODK.
- Look at the “Top Institutional Holders” list and note any “% Change” values. (Some sites provide a “Recent Changes” column.)
Read any analyst notes or market‑news commentary published within a couple of days of the earnings release.
- Analysts often reference insider or institutional activity if it’s material.

What to Do With the Findings

Finding	Suggested Interpretation/Action
Insider buys >5 % of float	Consider a bullish bias; verify the insider’s motive (e.g., compensation‑related purchases tend to be neutral).
Insider sells >10 % of holdings	Investigate the context (e.g., tax‑related, diversification). If the sale is unexplained, it may signal caution.
Large institutional net buying (e.g., >2 % of float)	Reinforces a positive market sentiment; may be a good time to hold or add exposure.
Large institutional net selling	Could indicate skepticism; evaluate if the earnings miss or guidance change justifies it.
No material activity	Let the earnings numbers, guidance, and macro‑environment drive your view.

Bottom Line

From the press‑release alone: No insider‑trading or institutional‑ownership data are disclosed, so we cannot infer market sentiment directly.
To answer your question definitively, you’ll need to pull the relevant SEC filings (Form 4, Form 13F/13D/G) and/or use a financial data platform that tracks ownership changes.
If you discover notable insider purchases or institutional net inflows around the August 8 2025 release, that would typically be interpreted as positive sentiment. Conversely, sizeable insider sales or institutional outflows could suggest caution or negative sentiment.

Feel free to let me know if you’d like step‑by‑step guidance on accessing any of the specific filings, or if you already have some ownership data that you’d like me to interpret!