Midwest Hldg (MDWT)

Midwest Holding Inc. is a financial services company focused on providing technology-enabled and services-oriented solutions to distributors and reinsurers of annuity and life insurance products in the United States. Midwest provides an end-to-end solution to manage annuity and life insurance policies that includes a broad set of product development, distribution support, policy administration, and asset liability management services. Midwest sells, underwrites, and markets annuity products in 20 states and the District of Columbiathrough its subsidiary American Life & Security Corp. Midwest also provides reinsurance management and asset management services as a comprehensive solution for reinsurers.

Company profile

A. Michael Salem / Michael W. Minnich
Fiscal year end
Industry (SIC)
Former names
American Life & Security Corp. • 1505 Capital LLC • Seneca Reinsurance Company, LLC • Seneca Incorporate Cell, LLC • Midwest Capital Corporation ...

MDWT stock data

Analyst ratings and price targets

Last 3 months

Investment data

Data from SEC filings
Securities sold
Number of investors


16 May 22
29 Jun 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 144.68M 144.68M 144.68M 144.68M 144.68M 144.68M
Cash burn (monthly) (no burn) (no burn) (no burn) 482.87K (no burn) 1.9M
Cash used (since last report) n/a n/a n/a 1.43M n/a 5.65M
Cash remaining n/a n/a n/a 143.25M n/a 139.04M
Runway (months of cash) n/a n/a n/a 296.7 n/a 73.0

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
14 Jun 22 Nancy Lyons Callahan Voting Common Stock Grant Acquire A No No 0 2,674 0 3,401
14 Jun 22 Diane C. Davis Voting Common Stock Grant Acquire A No No 0 2,674 0 3,401
14 Jun 22 Firman Leung Voting Common Stock Grant Acquire A No No 0 2,674 0 3,401
14 Jun 22 John T. Hompe Voting Common Stock Grant Acquire A No No 0 2,674 0 3,501
42.6% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 23 24 -4.2%
Opened positions 2 8 -75.0%
Closed positions 3 7 -57.1%
Increased positions 5 5
Reduced positions 6 4 +50.0%
13F shares Current Prev Q Change
Total value 27.18M 27.92M -2.7%
Total shares 1.59M 1.59M +0.2%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Knott David M Jr 293.94K $4.92M +20.5%
Knott Partners 243.94K $4.28M 0.0%
WELLINGTON TRUST Co N A 238.1K $4.18M 0.0%
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio 202.6K $3.56M 0.0%
Wellington Management 150.54K $2.52M -36.8%
Raymond James & Associates 100.93K $1.69M +144.9%
TFO USA 99.59K $1.67M 0.0%
Vanguard 84.31K $1.41M -23.4%
Gradient Investments 82.23K $1.38M 0.0%
DB Deutsche Bank AG - Registered Shares 20.09K $337K 0.0%
Largest transactions Shares Bought/sold Change
Wellington Management 150.54K -87.56K -36.8%
Raymond James & Associates 100.93K +59.72K +144.9%
Knott David M Jr 293.94K +50K +20.5%
Vanguard 84.31K -25.75K -23.4%
Geode Capital Management 14.91K +14.91K NEW
Millennium Management 14.61K -3.6K -19.8%
Optiver Holding B.V. 0 -2.5K EXIT
UBS UBS Group AG - Registered Shares 0 -1.21K EXIT
Frontier Wealth Management 16.89K -500 -2.9%
BLK Blackrock 13.99K -324 -2.3%

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