$NIC

$173.19 +$0.48 (0.28%) Close

$NIC Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 21.0M shares outstanding

Who owns NIC?

By type of holder

Institutions 62.6% Insiders 10.4% Everyone else 27.0%

Concentration Top 10 holders own 41.4%

BlackRock, Inc. 14.4% · State Street Corp 5.6%

Institutional ownership

62.6%

+9.3 pts vs last qtr

Institutional holders

249

+13 vs last qtr

Net shares bought

+1.9M

by institutions in Q2 2026

New / sold out

49 / 36

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

BlackRock, Inc. +1.4M
State Street Corp +463.2K

Biggest sellers in Q2 2026

First Trust Advisors LP −118.0K
Janus Henderson Group PLC SOLD OUT −104.1K

Who is planning to sell?

Notices of proposed sale, last 12 months

$3.38M

8 notices from 2 people

Shares covered

21.1K

0.10% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Atwell Robert Bruce Director $3.11M
Witczak Eric James Officer $265K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+105.0%

+8.30% a year

Each share's claim on the business

−51.2%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$326M vs $55M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years70% 3–5 years6% 1–3 years7% Under 1 year17%

Quarterly turnover

19.4%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting NIC on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	3.0M	14.44%	+1.4M (+86.3%)	≤2021	0.0%
Shares held by quarter Peak holding3.0M (Q2'26) Change over 8 quarters+2.0M Share of the company14.440% BlackRock, Inc.'s full portfolio →
SS State Street Corp	1.2M	5.60%	+463.2K (+65.1%)	≤2021	0.0%
Shares held by quarter Peak holding1.2M (Q2'26) Change over 8 quarters+792.8K Share of the company5.600% State Street Corp's full portfolio →

BlackRock, Inc.

3.0M

% of company

14.44%

Change vs last qtr

+1.4M (+86.3%)

Held since

≤2021

State Street Corp

1.2M

% of company

5.60%

Change vs last qtr

+463.2K (+65.1%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Nicolet Bankshares Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting NIC on Form N-PORT; together they hold 35.2% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
IC iShares Core S&P Small-Cap ETF iShares Trust	$195M	1.2M	5.61%	0.17%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$95.1M	575.1K	2.74%	0.00%	June 30, 2026

iShares Core S&P Small-Cap ETF

iShares Trust

Position value

$195M

% of company

5.61%

% of the fund

0.17%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$95.1M

% of company

2.74%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Nicolet Bankshares Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
JB Johnson Brenda L Insider	672.8K	3.21%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company3.210% Johnson Brenda L's insider activity →
SO Smith Oliver Pierce Insider	447.9K	2.14%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company2.140% Smith Oliver Pierce's insider activity →

Johnson Brenda L

Insider

672.8K

% of company

3.21%

Change vs last qtr

—

Held since

—

Smith Oliver Pierce

Insider

447.9K

% of company

2.14%

Change vs last qtr

—

Held since

—

21 more holders behind a free account

See every insider and 5%+ holder of Nicolet Bankshares Inc.

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