NRCNasdaqServices-Commercial Physical & Biological ResearchFiscal year ends December 31
NRC HEALTH
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$20.47+0.32 (+1.59%)
Close on Oct 19, 2026
- Market cap
- $450.52M
- P/E (TTM)
- 0.4
- Dividend yield
- 2.54%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
48.6%
11M of 22M shares
Institutional holders
124
17 new, 11 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
1 buys · 0 sales
Net bought $98.16K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Amandla MK Trust | 4,762,531 | 19.40% | 13D (active) amendment | Jan 2, 2024 |
| Kayne Anderson Rudnick Investment Management, LLC | 2,030,492 | 9.00% | 13G (passive) amendment | Jun 30, 2026 |
| Beans Patrick E. | 10,305,634 | 45.70% | 13D (active) amendment | Jun 10, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NRC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Kayne Anderson Rudnick Investment Management LLC | 2,030,492 | 9.18% | $43.80M | −605,863 | 0.14% |
| BlackRock, Inc. | 1,061,355 | 4.80% | $22.89M | +85,500 | 0.00% |
| Morgan Stanley | 859,269 | 3.88% | $18.53M | −142,611 | 0.00% |
| Vanguard Capital Management LLC | 666,554 | 3.01% | $14.38M | +3,717 | 0.00% |
| Dimensional Fund Advisors LP | 491,228 | 2.22% | $10.60M | +1,488 | 0.00% |
| Willis Investment Counsel | 434,785 | 1.97% | $9.38M | +210,147 | 0.45% |
| Geode Capital Management, LLC | 420,056 | 1.90% | $9.06M | +26,209 | 0.00% |
| QV Investors Inc. | 372,503 | 1.68% | $8.04K | −8,807 | 0.62% |
| Farmers & Merchants Investments Inc | 330,649 | 1.49% | $7.13M | +330,549 | 0.17% |
| Renaissance Technologies LLC | 325,384 | 1.47% | $7.02M | −15,400 | 0.01% |
| Heartland Advisors Inc | 300,000 | 1.36% | $6.47M | +62,853 | 0.29% |
| State Street Corp | 298,384 | 1.35% | $6.48M | −2,364 | 0.00% |
| Bank of New York Mellon Corp | 252,235 | 1.14% | $5.44M | +1,528 | 0.00% |
| Northern Trust Corp | 238,243 | 1.08% | $5.14M | −17,358 | 0.00% |
| Hotchkis & Wiley Capital Management LLC | 187,920 | 0.85% | $4.05M | −98,920 | 0.01% |
| iA Global Asset Management Inc. | 187,520 | 0.85% | $4.05K | – | 0.05% |
| Wells Fargo & Company/Mn | 179,623 | 0.81% | $3.87M | +62,727 | 0.00% |
| Aqr Capital Management LLC | 122,206 | 0.55% | $2.64M | −49,641 | 0.00% |
| Charles Schwab Investment Management Inc | 113,312 | 0.51% | $2.44M | +938 | 0.00% |
| Northwest & Ethical Investments L.P. | 102,370 | 0.46% | $2.21M | −26,830 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 124 | 11M | 48.6% | 17 / 43 | 40 / 11 | 1M | 1M |
| Q1 2026 | 121 | 11M | 49.0% | 16 / 29 | 57 / 10 | 1M | 0M |
| Q4 2025 | 117 | 11M | 48.6% | 16 / 25 | 62 / 17 | 0M | 1M |
| Q3 2025 | 119 | 11M | 50.3% | 12 / 36 | 42 / 17 | 0M | 1M |
| Q2 2025 | 126 | 12M | 52.8% | 23 / 44 | 42 / 19 | 1M | 1M |
| Q1 2025 | 123 | 12M | 52.0% | 15 / 35 | 52 / 23 | 1M | 1M |
| Q4 2024 | 133 | 12M | 53.7% | 19 / 54 | 39 / 24 | 1M | 1M |
| Q3 2024 | 138 | 12M | 54.1% | 23 / 51 | 40 / 19 | 2M | 1M |
| Q2 2024 | 136 | 12M | 55.3% | 26 / 53 | 41 / 30 | 1M | 3M |
| Q1 2024 | 142 | 15M | 66.2% | 23 / 71 | 29 / 13 | 2M | 1M |
| Q4 2023 | 132 | 13M | 58.8% | 21 / 49 | 46 / 7 | 2M | 1M |
| Q3 2023 | 120 | 12M | 54.8% | 13 / 42 | 45 / 7 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NRC | Value | % of fund | As of |
|---|---|---|---|---|---|
| Virtus KAR Small-Cap Growth Fund | 922,881 | 4.17% | $19.91M | 3.22% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 498,279 | 2.25% | $10.75M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 307,609 | 1.39% | $6.64M | 0.01% | Jun 30, 2026 |
| Heartland Value Fund | 300,000 | 1.36% | $6.47M | 0.55% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 151,126 | 0.68% | $3.26M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 129,757 | 0.59% | $2.53M | 0.01% | Jul 31, 2026 |
| WisdomTree U.S. SmallCap Dividend Fund | 128,096 | 0.58% | $2.76M | 0.13% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 119,652 | 0.54% | $2.33M | 0.03% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 111,072 | 0.50% | $2.40M | 0.02% | Jun 30, 2026 |
| U.S. Small Cap Portfolio | 100,581 | 0.45% | $1.96M | 0.01% | Jul 31, 2026 |
| JNL Multi-Manager Small Cap Growth Fund | 98,938 | 0.45% | $2.13M | 0.08% | Jun 30, 2026 |
| Column Small Cap Fund | 72,079 | 0.33% | $1.41M | 0.27% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 70,070 | 0.32% | $1.37M | 0.00% | May 31, 2026 |
| iShares U.S. Small-Cap Equity Factor ETF | 65,663 | 0.30% | $1.28M | 0.03% | Jul 31, 2026 |
| Schwab U.S. Small-Cap ETF | 64,571 | 0.29% | $1.26M | 0.01% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael D. Hays | Chairman, Director | 1,837,693 | 8.31% | Jan 7, 2026 |
| Trent S. Green | Chief Executive Officer, Director | 500,000 | 2.26% | Jun 3, 2025 |
| Jason Russell Rau | Executive Vice President | 60,000 | 0.27% | Mar 13, 2026 |
| Shane R. Harrison | EVP & Chief Financial Officer | 158,729 | 0.72% | Feb 19, 2026 |
| David Burik | EVP, Strategic Insights | 100,000 | 0.45% | Jan 16, 2026 |
| Helen Hrdy | EVP & Chief Operating Officer | 140,518 | 0.64% | Dec 17, 2025 |
| Jordan Nicole Freeman | Chief Accounting Officer | 771 | 0.00% | Aug 4, 2025 |
| Andrew Monnich | Chief Corp. Development Off. | 100,000 | 0.45% | Apr 9, 2025 |
| Linda Stacy | Interim Principal Fin. Off. | – | – | Mar 7, 2025 |
| Stephen H. Lockhart | Director | 7,697 | 0.03% | Jun 25, 2026 |
| Parul Bhandari | Director | 7,697 | 0.03% | Jun 25, 2026 |
| Penny Ann Wheeler | Director | 7,697 | 0.03% | Jun 25, 2026 |
| John N. Nunnelly | Director | 73,624 | 0.33% | Jun 25, 2026 |
| Donald M. Berwick | Director | 7,697 | 0.03% | Jun 25, 2026 |
| Patrick E. Beans | 10% owner | 35,528 | 0.16% | May 13, 2025 |
| Property Trust Common | 10% owner | 8,609,601 | 38.92% | Apr 10, 2025 |
| MK Trust Amandla | 10% owner | 5,494,440 | 24.84% | Apr 10, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Penny Ann Wheeler Director | Jun 23, 2026 | Award | +7,697 | – | – | 7,697 |
| Stephen H. Lockhart Director | Jun 23, 2026 | Award | +7,697 | – | – | 7,697 |
| John N. Nunnelly Director | Jun 23, 2026 | Award | +7,697 | – | – | 40,363 |
| Parul Bhandari Director | Jun 23, 2026 | Award | +7,697 | – | – | 7,697 |
| Donald M. Berwick Director | Jun 23, 2026 | Award | +7,697 | – | – | 7,697 |
| Jason Russell Rau Executive Vice President | Mar 12, 2026 | Award | +60,000 | – | – | 60,000 |
| Shane R. Harrison EVP & Chief Financial Officer | Feb 17, 2026 | Buy | +8,000 | $12.27 | $98.16K | 8,000 |
| David Burik EVP, Strategic Insights | Jan 5, 2026 | Award | +100,000 | – | – | 100,000 |
| Michael D. Hays Chairman, Director | Jan 5, 2026 | Option exercise | +9,145 | $15.23 | $139.28K | 20,154 |
| Shane R. Harrison EVP & Chief Financial Officer | Dec 29, 2025 | Tax withholding | −21,271 | $18.66 | $396.92K | 150,729 |
| Helen Hrdy EVP & Chief Operating Officer | Dec 15, 2025 | Tax withholding | −11,244 | $17.64 | $198.34K | 140,518 |
| Helen Hrdy EVP & Chief Operating Officer | Dec 15, 2025 | Option exercise | +12,346 | $15.23 | $188.03K | 151,762 |
| Shane R. Harrison EVP & Chief Financial Officer | Sep 29, 2025 | Award | +172,000 | – | – | 172,000 |
| Jordan Nicole Freeman Chief Accounting Officer | Jul 31, 2025 | Buy | +771 | $12.97 | $10.00K | 771 |
| Trent S. Green Chief Executive Officer, Director | Jun 1, 2025 | Award | +500,000 | – | – | 500,000 |
| Patrick E. Beans 10% owner | May 12, 2025 | Buy | +2,500 | $13.59 | $33.98K | 35,003 |
| Helen Hrdy Chief Operating Officer | Apr 7, 2025 | Award | +100,000 | – | – | 139,416 |
| Andrew Monnich Chief Corp. Development Off. | Apr 7, 2025 | Award | +100,000 | – | – | 100,000 |
| Michael D. Hays CEO & President, Director | Jan 2, 2025 | Option exercise | +10,014 | $13.17 | $131.88K | 11,009 |
| MK Trust Amandla 10% owner | Dec 31, 2024 | Gift | −4,755,317 | – | – | 0 |
| Property Trust Common 10% owner | Dec 31, 2024 | Gift | +4,755,317 | – | – | 4,755,317 |
| John N. Nunnelly Director | Mar 27, 2024 | Option exercise | +9,259 | $14.95 | $138.42K | 36,153 |
| John N. Nunnelly Director | Mar 27, 2024 | Tax withholding | −3,487 | $39.70 | $138.43K | 32,666 |
| Property Trust Common 10% owner | Mar 1, 2024 | Sale | −598,653 | $40.54 | $24.27M | 3,854,284 |
| MK Trust Amandla 10% owner | Jan 5, 2024 | Sale | −2,614 | $40.20 | $105.08K | 3,831,362 |
| MK Trust Amandla 10% owner | Jan 4, 2024 | Sale | −4,600 | $41.22 | $189.61K | 3,833,976 |
| Property Trust Common 10% owner | Jan 3, 2024 | Sale | −364,625 | $41.53 | $15.14M | 4,452,937 |
| MK Trust Amandla 10% owner | Jan 3, 2024 | Sale | −120,139 | $41.77 | $5.02M | 3,838,576 |
| MK Trust Amandla 10% owner | Jan 2, 2024 | Sale | −180,500 | $40.21 | $7.26M | 3,979,315 |
| MK Trust Amandla 10% owner | Jan 2, 2024 | Sale | −20,600 | $41.18 | $848.31K | 3,958,715 |
| Michael D. Hays CEO & President, Director | Jan 2, 2024 | Tax withholding | −1,909 | $39.56 | $75.52K | 995 |
| Michael D. Hays CEO & President, Director | Jan 2, 2024 | Option exercise | +2,904 | $18.80 | $54.60K | 2,904 |
| MK Trust Amandla 10% owner | Dec 14, 2023 | Sale | −600 | $41.59 | $24.95K | 4,159,815 |
| MK Trust Amandla 10% owner | Dec 13, 2023 | Sale | −3,779 | $41.55 | $157.02K | 4,160,415 |
| MK Trust Amandla 10% owner | Dec 12, 2023 | Sale | −21,884 | $41.55 | $909.28K | 4,164,194 |
| MK Trust Amandla 10% owner | Dec 11, 2023 | Sale | −37,638 | $41.56 | $1.56M | 4,186,078 |
| MK Trust Amandla 10% owner | Dec 8, 2023 | Sale | −12,328 | $41.55 | $512.23K | 4,223,716 |
| MK Trust Amandla 10% owner | Dec 7, 2023 | Sale | −4,738 | $41.56 | $196.91K | 4,236,044 |
| MK Trust Amandla 10% owner | Dec 6, 2023 | Sale | −952 | $41.60 | $39.60K | 4,240,782 |
| MK Trust Amandla 10% owner | Dec 5, 2023 | Sale | −1,498 | $41.60 | $62.32K | 4,241,734 |
| MK Trust Amandla 10% owner | Dec 4, 2023 | Sale | −100 | $41.60 | $4.16K | 4,243,232 |
| MK Trust Amandla 10% owner | Nov 22, 2023 | Sale | −627 | $42.08 | $26.38K | 4,243,332 |
| MK Trust Amandla 10% owner | Nov 21, 2023 | Sale | −100 | $42.05 | $4.21K | 4,243,959 |
| MK Trust Amandla 10% owner | Nov 20, 2023 | Sale | −57 | $42.10 | $2.40K | 4,244,059 |
| MK Trust Amandla 10% owner | Nov 15, 2023 | Sale | −403 | $42.10 | $16.97K | 4,244,116 |
| MK Trust Amandla 10% owner | Oct 11, 2023 | Sale | −1,601 | $44.91 | $71.90K | 4,244,519 |
| MK Trust Amandla 10% owner | Jun 26, 2023 | Sale | −200 | $45.19 | $9.04K | 4,246,120 |
| MK Trust Amandla 10% owner | Jun 23, 2023 | Sale | −1,891 | $45.04 | $85.17K | 4,246,320 |
| MK Trust Amandla 10% owner | Jun 21, 2023 | Sale | −400 | $45.00 | $18.00K | 4,248,211 |
| MK Trust Amandla 10% owner | Jun 20, 2023 | Sale | −18,946 | $45.01 | $852.76K | 4,248,611 |
| MK Trust Amandla 10% owner | Jun 16, 2023 | Sale | −29,227 | $45.04 | $1.32M | 4,267,557 |
| MK Trust Amandla 10% owner | Jun 15, 2023 | Sale | −800 | $45.08 | $36.06K | 4,296,784 |
| MK Trust Amandla 10% owner | Jun 14, 2023 | Sale | −3,000 | $45.05 | $135.15K | 4,297,584 |
| MK Trust Amandla 10% owner | Jun 13, 2023 | Sale | −200 | $45.02 | $9.00K | 4,300,584 |
| MK Trust Amandla 10% owner | Jun 12, 2023 | Sale | −1,800 | $45.05 | $81.09K | 4,300,784 |
| MK Trust Amandla 10% owner | Jun 9, 2023 | Sale | −5,288 | $45.04 | $238.17K | 4,302,584 |
| MK Trust Amandla 10% owner | Jun 8, 2023 | Sale | −5,638 | $45.38 | $255.85K | 4,309,572 |
| MK Trust Amandla 10% owner | Jun 8, 2023 | Sale | −1,700 | $46.14 | $78.44K | 4,307,872 |
| MK Trust Amandla 10% owner | Jun 7, 2023 | Sale | −11,564 | $46.68 | $539.81K | 4,315,210 |
| MK Trust Amandla 10% owner | Jun 7, 2023 | Sale | −4,780 | $45.52 | $217.59K | 4,326,774 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| MK Trust Amandla 10% Stockholder, none | Nov 15, 2023 | 245,677 | $10.19M | Nov 15, 2023 | GIFT |