NSEC National Security Dashboard

The National Security Group, Inc. is an insurance holding company. The Company, through its wholly owned subsidiaries, operates in two segments: property and casualty insurance and life insurance. The property and casualty subsidiaries of the Company, National Security Fire and Casualty and Omega One Insurance Company, primarily writes personal lines dwelling coverage, including dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance in approximately ten states. Its life insurance subsidiary, National Security Insurance Company, offers a basic line of life and health and accident insurance products in approximately seven states. The Company operates across Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee and West Virginia.

Company profile

Ticker

NSEC

Exchange

NASDAQ

Website

www.nationalsecuritygroup.com/

CEO

William Brunson

Incorporated

Delaware

Location

Alabama

Fiscal year end

Dec 31

Sector

Finance and Insurance > Third Party Administration of Insurance and Pension Funds

Industry (SIC)

Life Insurance

Metlife • Prudential Financial • Lincoln National Life Insurance • Brighthouse Financial • Voya Financial • Lincoln National • Genworth Financial • Athene Holding • Protective Life • Reinsurance Group Of America ...

SEC CIK

0000865058

Corporate docs

Articles of Incorporation & Bylaws

IRS number

631020300

NSEC stock data

S&P 500

1M 1Y 2Y 5Y

News

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Insurance Stocks Moving In Friday's Intraday Session

11 Jun 21

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Tiptree (NASDAQ: TIPT) shares rose 3.05% to $10.45 during Friday's regular session. Trading

Insurance Stocks Moving In Wednesday's Intraday Session

9 Jun 21

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Hallmark Financial Servs (NASDAQ: HALL) shares increased by 4.65% to $4.66 during Wednesday's

Insurance Stocks Moving In Thursday's Intraday Session

3 Jun 21

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers BRP Group (NASDAQ: BRP) stock rose 2.89% to $24.7 during Thursday's regular session. As of 12:40

Insurance Stocks Moving In Wednesday's Intraday Session

26 May 21

Insurance Stocks Moving In Tuesday's Intraday Session

25 May 21

Press releases

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The National Security Group, Inc. Releases Financial Results

14 May 21

The National Security Group, Inc. (NASDAQ:NSEC) results for the three months ended March 31, 2021 and 2020, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited

AM Best Revises Outlooks to Negative for The National Security Group, Inc. and Its Subsidiaries

29 Apr 21

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "bbb" of National Security Fire and

The National Security Group, Inc. Declares Cash Dividend

9 Apr 21

On April 9, 2021, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on May 28, 2021, to shareholders of record May

Calendar

14 May 21

13 Jun 21

31 Dec 21

Financial summary

Financial statements Chart NSEC financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	17.24M	17.24M	17.24M	17.24M	17.24M	17.24M
Cash burn (monthly)	881.67K	(positive/no burn)	(positive/no burn)	694K	(positive/no burn)	665.5K
Cash used (since last report)	2.16M	n/a	n/a	1.7M	n/a	1.63M
Cash remaining	15.08M	n/a	n/a	15.54M	n/a	15.61M
Runway (months of cash)	17.1	n/a	n/a	22.4	n/a	23.5

Beta Read what these cash burn values mean

Recent insider trades

NSEC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
21 May 21	Neil Frank B O	Common Stock	Grant	Aquire A	No	No	2,262	21,573
8 Feb 21	Charles B Arnold	Common Stock	Gift	Aquire G	No	No	1,800	17,400
11 Jan 21	Fred Clark JR	Common Stock	Gift	Aquire G	Yes	No	1,748	28,086
11 Jan 21	Fred Clark JR	Common Stock	Gift	Dispose G	No	No	1,748	73,239
4 Jan 21	Fred Clark JR	Common Stock	Gift	Aquire G	Yes	No	3,720	26,338
4 Jan 21	Fred Clark JR	Common Stock	Gift	Dispose G	No	No	3,720	74,987

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

NSEC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

2.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	8	9	-11.1%
Opened positions	2	0	NEW
Closed positions	3	2	+50.0%
Increased positions	2	1	+100.0%
Reduced positions	2	3	-33.3%

13F shares	Current	Prev Q	Change
Total value	784K	810K	-3.2%
Total shares	71.95K	69.86K	+3.0%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	52.71K	$567K	-1.8%
RFG Advisory	14.72K	$163K	NEW
FMR	1.94K	$21K	-5.1%
Tower Research Capital	915	$10K	NEW
Earnest Partners	900	$14K	0.0%
BLK Blackrock	433	$5K	0.0%
UBS UBS Group AG - Registered Shares	329	$4K	+8.2%
WFC Wells Fargo & Co.	8	$0	+14.3%
Proequities	0	$0

Largest transactions	Shares	Bought/sold	Change
RFG Advisory	14.72K	+14.72K	NEW
Renaissance Technologies	0	-10K	EXIT
RY Royal Bank Of Canada	0	-2.5K	EXIT
Dimensional Fund Advisors	52.71K	-960	-1.8%
Tower Research Capital	915	+915	NEW
FMR	1.94K	-104	-5.1%
UBS UBS Group AG - Registered Shares	329	+25	+8.2%
BAC Bank Of America	0	-10	EXIT
WFC Wells Fargo & Co.	8	+1	+14.3%
Proequities	0	0

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: accrual, began, construction, consulting, count, diligently, expanded, intermediate, longstanding, optimistic, OTTI, political, quickly, repair, unclear, upfront, waning, winter

Removed: accelerate, amended, analyzed, apparent, assessing, bond, calculate, ceased, collect, commute, comply, comprehension, conform, consumer, continuing, contributor, daily, decade, discontinue, disease, dislocation, distancing, dollar, easily, efficiency, effort, elevated, elimination, emergency, end, face, facilitate, financed, Fortunately, free, global, high, inception, ineffective, inevitable, interruption, job, joining, lack, leverage, living, location, mentioned, mitigated, month, negatively, negotiated, NSG, obligate, office, operational, persistent, pose, practice, production, profile, profound, put, realistic, remote, season, seek, shelter, shutdown, small, social, space, speed, spring, suspended, timing, transportation, travel, typical, ultimate, ultimately, unemployment, unknown, upgraded, visible, worldwide

From filing 10-Q 2021 Q1