NMI Holdings Inc (NASDAQ:NMIH) Director James Ozanne sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.81, for a total value of $169,050.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
James Ozanne also recently made the following trade(s):
- On Thursday, September 19th, James Ozanne sold 5,000 shares of NMI stock. The shares were sold at an average price of $27.56, for a total value of $137,800.00.
NMI stock traded down $0.92 during midday trading on Monday, reaching $32.65. The company’s stock had a trading volume of 593,168 shares, compared to its average volume of 438,973. NMI Holdings Inc has a 52 week low of $15.62 and a 52 week high of $34.50. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.17. The business has a 50-day moving average price of $30.76 and a 200-day moving average price of $28.43. The stock has a market cap of $2.28 billion, a PE ratio of 19.67 and a beta of 1.30.
Several hedge funds have recently made changes to their positions in NMIH. Eagle Asset Management Inc. acquired a new stake in shares of NMI during the second quarter valued at about $37,045,000. Carillon Tower Advisers Inc. acquired a new stake in shares of NMI during the second quarter valued at about $31,831,000. Nuveen Asset Management LLC acquired a new stake in shares of NMI during the second quarter valued at about $23,048,000. Boston Partners boosted its stake in shares of NMI by 57.9% during the third quarter. Boston Partners now owns 1,249,474 shares of the financial services provider’s stock valued at $33,178,000 after purchasing an additional 458,119 shares in the last quarter. Finally, APG Asset Management N.V. boosted its stake in shares of NMI by 45.2% during the second quarter. APG Asset Management N.V. now owns 644,100 shares of the financial services provider’s stock valued at $16,057,000 after purchasing an additional 200,400 shares in the last quarter. 89.63% of the stock is currently owned by hedge funds and other institutional investors.
A number of research firms have issued reports on NMIH. B. Riley upgraded NMI from a “neutral” rating to a “buy” rating and lifted their target price for the company from $30.00 to $34.00 in a research report on Tuesday, October 15th. Zacks Investment Research upgraded NMI from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Saturday, November 9th. Credit Suisse Group reiterated a “hold” rating and issued a $33.00 target price on shares of NMI in a research report on Sunday, November 24th. BidaskClub cut NMI from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 7th. Finally, ValuEngine upgraded NMI from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $32.38.
NMI Holdings, Inc, through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance; reinsurance on loans; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, Internet-sourced lenders, and other non-bank lenders.
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