South Dakota Investment Council Sells 26,000 Shares of NMI Holdings Inc $NMIH

South Dakota Investment Council cut its position in shares of NMI Holdings Inc (NASDAQ:NMIHFree Report) by 11.4% in the third quarter, according to the company in its most recent filing with the Securities & 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 owned about 0.26% of NMI worth $7,770,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Eagle Investment Management LLC boosted its holdings 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 valued at $10,481,000 after buying an additional 6,240 shares in the last quarter. Elo Mutual Pension Insurance Co raised its holdings in shares of 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 purchasing an additional 16,873 shares during the last quarter. American Century Companies Inc. lifted its holdings in NMI by 5.8% in the third quarter. American Century Companies Inc. now owns 2,379,801 shares of the financial services provider’s stock valued at $91,242,000 after acquiring an additional 130,002 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in shares of NMI during the 3rd quarter worth about $93,000. Finally, R Squared Ltd grew its stake 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 period. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

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 NMI news, Chairman Bradley M. Shuster sold 55,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $39.63, for a total transaction of $2,179,650.00. Following the completion of the sale, the chairman directly owned 415,411 shares of the company’s stock, valued at $16,462,737.93. This represents a 11.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mohammad Nawaz Yousaf sold 16,000 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.89, for a total value of $638,240.00. Following the sale, the executive vice president directly owned 38,733 shares of the company’s stock, valued at approximately $1,545,059.37. This represents a 29.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 113,057 shares of company stock valued at $4,495,886 in the last ninety days. 3.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Keefe, Bruyette & Woods raised NMI from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $46.00 to $48.00 in a research note on Thursday, December 18th. Barclays boosted their target price on shares of NMI from $43.00 to $44.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. UBS Group set a $43.00 price objective on NMI in a research report on Monday, January 12th. JPMorgan Chase & Co. boosted their target price on NMI from $42.00 to $43.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of NMI in a research report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $43.00.

Check Out Our Latest Report on NMI

NMI Stock Performance

Shares of NMIH opened at $39.07 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average price of $39.55 and a 200 day moving average price of $38.65. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 1.09 and a beta of 0.63. NMI Holdings Inc has a 52-week low of $31.90 and a 52-week high of $43.20.

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

NMI Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NMI (NASDAQ:NMIH)

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