NMI (NASDAQ:NMIH) Director Sells $58,896.60 in Stock

NMI Holdings Inc (NASDAQ:NMIH) Director Michael Curry Montgomery sold 1,554 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $37.90, for a total transaction of $58,896.60. Following the transaction, the director directly owned 69,026 shares in the company, valued at approximately $2,616,085.40. The trade was a 2.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

NMI Price Performance

Shares of NMIH opened at $37.40 on Friday. The firm has a market cap of $2.84 billion, a PE ratio of 7.62, a PEG ratio of 1.30 and a beta of 0.59. The firm’s 50 day moving average price is $38.37 and its 200 day moving average price is $38.76. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.63 and a current ratio of 0.63. NMI Holdings Inc has a twelve month low of $34.84 and a twelve month high of $43.20.

NMI (NASDAQ:NMIH) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06. NMI had a net margin of 53.82% and a return on equity of 15.18%. The company had revenue of $183.48 million for the quarter, compared to analyst estimates of $153.99 million. During the same quarter last year, the firm posted $1.28 earnings per share. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. As a group, research analysts expect that NMI Holdings Inc will post 5.15 EPS for the current fiscal year.

Hedge Funds Weigh In On NMI

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP increased its position in NMI by 196.0% during the third quarter. Allworth Financial LP now owns 660 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 437 shares during the period. Maseco LLP bought a new position in NMI during the fourth quarter worth $31,000. IFP Advisors Inc increased its position in NMI by 189.5% during the fourth quarter. IFP Advisors Inc now owns 796 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 521 shares during the period. Bessemer Group Inc. increased its position in NMI by 34.0% during the first quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 272 shares during the period. Finally, Farther Finance Advisors LLC increased its position in NMI by 161.5% during the fourth quarter. Farther Finance Advisors LLC now owns 1,004 shares of the financial services provider’s stock worth $41,000 after acquiring an additional 620 shares during the period. Institutional investors own 94.12% of the company’s stock.

Analyst Ratings Changes

NMIH has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods dropped their price target on shares of NMI from $50.00 to $46.00 and set an “outperform” rating on the stock in a research report on Monday, May 4th. Barclays dropped their price target on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Royal Bank Of Canada initiated coverage on shares of NMI in a research report on Friday. They issued an “outperform” rating and a $46.00 price target on the stock. UBS Group set a $46.00 price target on shares of NMI in a research report on Friday. Finally, JPMorgan Chase & Co. dropped their price target on shares of NMI from $44.00 to $43.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $44.80.

Trending Headlines about NMI

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Royal Bank of Canada upgraded NMI Holdings (NMIH) to “moderate buy”, reinforcing a constructive view on the stock. Zacks.com article
• Positive Sentiment: Zacks Research raised earnings estimates for several future periods, including FY2026 and some 2026-2027 quarters, signaling confidence in NMIH’s earnings power.
• Positive Sentiment: A Seeking Alpha article upgraded NMI Holdings to “buy”, arguing the recent share pullback has made the valuation more attractive at under 8x earnings and about 1.1x book value, while balance-sheet strength and buybacks remain supportive. Seeking Alpha article
• Neutral Sentiment: One insider transaction showed Director Michael Curry Montgomery sold 1,554 shares. The sale was relatively small versus his remaining stake, so it is not a major red flag on its own. Insider Trades article
• Neutral Sentiment: Analyst estimates remain mixed over longer horizons: some near-term forecasts were trimmed, even as other periods were nudged higher. This suggests earnings are still expected to moderate, but not deteriorate sharply.
• Negative Sentiment: Despite the positive analyst actions, the stock is still trading below recent levels and below both its 50-day and 200-day moving averages, showing that the market remains cautious about the company’s near-term outlook.

NMI Company Profile

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure.