NMI Holdings Inc (NASDAQ:NMIH) COO Claudia J. Merkle sold 15,000 shares of NMI stock in a transaction on Monday, December 4th. The shares were sold at an average price of $17.80, for a total transaction of $267,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

NMI Holdings Inc (NASDAQ:NMIH) traded down $0.40 during trading hours on Wednesday, hitting $17.30. 511,300 shares of the company traded hands, compared to its average volume of 550,237. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.24 and a quick ratio of 0.24. The firm has a market cap of $1,062.59, a price-to-earnings ratio of 31.05 and a beta of 0.84. NMI Holdings Inc has a 1-year low of $9.05 and a 1-year high of $17.95.

NMI (NASDAQ:NMIH) last posted its earnings results on Wednesday, November 1st. The financial services provider reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.06. The business had revenue of $48.95 million for the quarter, compared to analyst estimates of $45.79 million. NMI had a net margin of 51.80% and a return on equity of 6.95%. The business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.10 EPS. equities research analysts forecast that NMI Holdings Inc will post 0.56 EPS for the current year.

NMIH has been the topic of a number of research analyst reports. Deutsche Bank lowered shares of NMI from a “buy” rating to a “hold” rating and set a $16.00 price target on the stock. in a report on Friday, November 3rd. Keefe, Bruyette & Woods upgraded shares of NMI from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 5th. ValuEngine upgraded shares of NMI from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of NMI from a “hold” rating to a “strong-buy” rating and set a $15.00 price target on the stock in a report on Saturday, October 14th. Finally, BTIG Research reiterated a “buy” rating and issued a $17.00 price target on shares of NMI in a report on Sunday, November 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $15.93.

Several large investors have recently bought and sold shares of NMIH. California Public Employees Retirement System acquired a new position in shares of NMI during the 1st quarter valued at $239,000. Vanguard Group Inc. lifted its holdings in shares of NMI by 8.3% during the 1st quarter. Vanguard Group Inc. now owns 2,330,204 shares of the financial services provider’s stock valued at $26,565,000 after acquiring an additional 179,396 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of NMI by 8.4% during the 1st quarter. Geode Capital Management LLC now owns 450,993 shares of the financial services provider’s stock valued at $5,141,000 after acquiring an additional 35,013 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of NMI by 22.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,998,134 shares of the financial services provider’s stock valued at $22,778,000 after acquiring an additional 360,867 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of NMI by 14.1% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 230,237 shares of the financial services provider’s stock valued at $2,625,000 after acquiring an additional 28,399 shares in the last quarter. Institutional investors and hedge funds own 83.57% of the company’s stock.

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About NMI

NMI Holdings, Inc (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Company’s primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a mortgage insurance (MI) provider on loans purchased by the Government-sponsored enterprises (GSEs).

Insider Buying and Selling by Quarter for NMI (NASDAQ:NMIH)

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