NMI Holdings Inc $NMIH Shares Sold by South Dakota Investment Council

South Dakota Investment Council lowered its stake in shares of NMI Holdings Inc (NASDAQ:NMIH) by 11.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 202,663 shares of the financial services provider’s stock after selling 26,000 shares during the period. South Dakota Investment Council’s holdings in NMI were worth $7,770,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of NMIH. First Eagle Investment Management LLC boosted its position in shares of NMI by 2.3% in the 3rd quarter. First Eagle Investment Management LLC now owns 273,359 shares of the financial services provider’s stock worth $10,481,000 after buying an additional 6,240 shares in the last quarter. Elo Mutual Pension Insurance Co increased its position in NMI by 76.1% during the third quarter. Elo Mutual Pension Insurance Co now owns 39,045 shares of the financial services provider’s stock worth $1,497,000 after buying an additional 16,873 shares in the last quarter. American Century Companies Inc. increased its position in NMI by 5.8% during the 3rd quarter. American Century Companies Inc. now owns 2,379,801 shares of the financial services provider’s stock worth $91,242,000 after purchasing an additional 130,002 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of NMI during the third quarter worth about $93,000. Finally, R Squared Ltd raised its holdings in NMI by 64.5% in the 3rd quarter. R Squared Ltd now owns 15,803 shares of the financial services provider’s stock valued at $606,000 after acquiring an additional 6,199 shares during the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

Key Headlines Impacting NMI

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Zacks raised its FY2026 EPS view to $5.10 (from $5.01) — a meaningful lift to the near‑term earnings trajectory that can support the stock’s valuation. MarketBeat: NMIH estimates
• Positive Sentiment: Zacks also nudged FY2027 to $5.49 (from $5.48) and issued a FY2028 estimate of $5.65 — the multi‑year upgrades reinforce a growth narrative beyond the current year. MarketBeat: NMIH estimates
• Positive Sentiment: Quarterly raises: Zacks lifted several quarterly EPS forecasts (Q2 2026 to $1.30 from $1.25; Q3 2026 to $1.28 from $1.26; Q4 2026 to $1.28 from $1.25; Q2 2027 to $1.42 from $1.40; Q4 2027 to $1.37 from $1.33). These upgrades point to stronger near‑term operational momentum. MarketBeat: NMIH estimates
• Neutral Sentiment: Zacks published a full schedule of quarterly and annual estimates (Q1–Q4 2026, FY2026, Q2–Q4 2027, FY2027, FY2028). The detailed roadmap reduces forecast uncertainty but contains mostly small adjustments rather than large changes. MarketBeat: NMIH estimates
• Negative Sentiment: Small downward tweaks: Zacks cut Q1 2026 to $1.23 (from $1.24), Q1 2027 to $1.38 (from $1.40), and Q3 2027 to $1.33 (from $1.35). These modest cuts could weigh on near‑term sentiment if investors focus on quarter‑to‑quarter variability. MarketBeat: NMIH estimates

Insider Activity

In other news, Chairman Bradley M. Shuster sold 19,557 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $39.85, for a total transaction of $779,346.45. Following the completion of the sale, the chairman owned 415,411 shares in the company, valued at approximately $16,554,128.35. This represents a 4.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Norman Peter Fitzgerald sold 22,500 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.94, for a total value of $898,650.00. Following the sale, the executive vice president directly owned 32,445 shares of the company’s stock, valued at approximately $1,295,853.30. This represents a 40.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 113,057 shares of company stock worth $4,495,886. Insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

NMIH has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a research note on Thursday, January 22nd. UBS Group set a $43.00 target price on NMI in a research report on Monday, January 12th. Keefe, Bruyette & Woods raised shares of NMI from a “market perform” rating to an “outperform” rating and raised their price target for the company from $46.00 to $48.00 in a report on Thursday, December 18th. JPMorgan Chase & Co. lifted their price objective on NMI from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Finally, Barclays boosted their target price on shares of NMI from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $43.00.

NMI Stock Down 1.4%

NMIH opened at $39.07 on Wednesday. NMI Holdings Inc has a 12 month low of $31.90 and a 12 month high of $43.20. The stock’s 50 day moving average price is $39.55 and its 200 day moving average price is $38.65. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.57 and a quick ratio of 0.57. The stock has a market cap of $2.97 billion, a P/E ratio of 7.96, a P/E/G ratio of 1.09 and a beta of 0.63.

NMI (NASDAQ:NMIH) last announced its earnings results on Tuesday, February 10th. The financial services provider reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. NMI had a return on equity of 15.78% and a net margin of 55.05%.The firm had revenue of $180.74 million for the quarter, compared to analysts’ expectations of $180.69 million. During the same quarter in the previous year, the company earned $1.07 earnings per share. As a group, research analysts predict that NMI Holdings Inc will post 4.62 earnings per share for the current year.

About NMI

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.