NMI Holdings Inc. (NASDAQ:NMIH)’s share price traded up 2.6% on Thursday . The stock traded as high as $6.05 and last traded at $6.00, with a volume of 236,906 shares traded. The stock had previously closed at $5.85.

Several equities analysts recently weighed in on the company. Zacks Investment Research downgraded NMI Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th. FBR & Co reiterated a “buy” rating on shares of NMI Holdings in a research report on Tuesday, May 10th. BTIG Research reiterated a “buy” rating and set a $10.00 target price on shares of NMI Holdings in a research report on Thursday, May 19th. Finally, Zelman & Associates upgraded NMI Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, April 27th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. NMI Holdings currently has an average rating of “Buy” and a consensus target price of $8.30.

The company has a 50-day moving average price of $5.71 and a 200-day moving average price of $5.49. The stock’s market cap is $353.89 million.

NMI Holdings (NASDAQ:NMIH) last released its quarterly earnings data on Tuesday, April 26th. The company reported ($0.07) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.07). Analysts anticipate that NMI Holdings Inc. will post $0.06 earnings per share for the current year.

In other news, Director James G. Jones bought 20,000 shares of the stock in a transaction on Thursday, June 16th. The stock was purchased at an average price of $5.45 per share, for a total transaction of $109,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider John Brandon Osmon sold 2,062,800 shares of the stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $6.30, for a total value of $12,995,640.00. The disclosure for this sale can be found here.

An institutional investor recently raised its position in NMI Holdings stock. Dimensional Fund Advisors LP boosted its position in NMI Holdings Inc. (NASDAQ:NMIH) by 62.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 612,183 shares of the company’s stock after buying an additional 235,069 shares during the period. Dimensional Fund Advisors LP owned approximately 1.04% of NMI Holdings worth $4,144,000 as of its most recent filing with the SEC.

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

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