Microcap Ledger

Tickers · $NODK

NI Holdings, Inc. $NODK

By Microcap Ledger desk · CIK 0001681206

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Fire, Marine & Casualty Insurance
Headquarters
Fargo, ND
Fiscal year end
December 31
Shares outstanding
20,404,723 [10-Q 2026-08-07]
as of 2026-07-31

Sources: [10-K 2026-03-06]

What the company doesAI summary of filing

NI Holdings, Inc. is a stock holding company for Nodak Insurance Company and other property and casualty insurance subsidiaries. The company sells private passenger auto, homeowners, farmowners, commercial multi-peril, crop, and other insurance coverages in the upper Midwest and select other states through captive agents (for Nodak Insurance) and independent agents (for other subsidiaries). NI Holdings generates revenue from insurance premiums and investment income, and is a revenue-generating company with consolidated direct premiums written of $289.8 million in 2025. The company is rated "A" Excellent by AM Best and operates through an intercompany reinsurance pooling arrangement among its insurance subsidiaries. [10-K 2026-03-06]

Segments: Private Passenger Auto, Non-Standard Auto, Home and Farm, Crop

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$129.84M$12.65M −$955.0K$51.61M[10-Q 2026-08-07]
FY ended Dec 2025$285.05M−$10.41M −$15.27M$51.72M[10-K 2026-03-06]
FY ended Dec 2024$325.20M−$6.06M $38.51M$50.93M[10-K 2026-03-06]
Quarterly cash burn
−$477.5K

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-10-3120,648,642[10-Q 2024-11-07]
2025-02-2820,681,546[10-K 2025-03-07]
2025-04-3020,698,574[10-Q 2025-05-09]
2025-07-3120,675,337[10-Q 2025-08-08]
2025-10-3120,605,747[10-Q 2025-11-07]
2026-02-2720,537,521[10-K 2026-03-06]
2026-04-3020,481,437[10-Q 2026-05-08]
2026-07-3120,404,723[10-Q 2026-08-07]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-05-20Devlin William Russellgrant5,015—[4 2026-05-21]
2026-05-20Stende Dave L.grant5,015—[4 2026-05-21]
2026-05-20Aasmundstad Eric K.grant5,015—[4 2026-05-21]
2026-05-20Kaldor Dana Johngrant5,015—[4 2026-05-21]
2026-05-20Missling Jeffrey R.grant5,015—[4 2026-05-21]
2026-05-20Mathew Prakashgrant5,015—[4 2026-05-21]
2026-05-20Thomas Callie Jeangrant5,015—[4 2026-05-21]
2026-03-02Maki Matthew Jamesgrant22,700—[4 2026-03-03]
2026-03-01Maki Matthew Jamesother1,588$13.28[4 2026-03-03]
2026-02-28Maki Matthew Jamesother2,471$13.28[4 2026-03-03]

Catalysts and calendar

Recent filings and releases
DateTypeTitle
2026-08-078-KResults of operations
2026-08-0710-QQuarterly report
2026-05-268-KDirector or officer change; Shareholder vote results
2026-05-088-KResults of operations
2026-05-0810-QQuarterly report
2026-04-2313G/ABeneficial ownership report (5%+ holder)
2026-04-08DEF 14AProxy statement
2026-03-068-KResults of operations
2026-03-0610-KAnnual report
2026-02-238-KDirector or officer change
2025-11-078-KResults of operations
2025-11-0710-QQuarterly report

Facts as of . Small caps move fast; check the latest filings.