NMI Holdings Inc. (NASDAQ:NMIH) shares rose 1.8% on Monday . The company traded as high as $6.25 and last traded at $6.17, with a volume of 149,717 shares changing hands. The stock had previously closed at $6.06.

NMIH has been the subject of a number of research analyst reports. FBR & Co restated a “buy” rating on shares of NMI Holdings in a research report on Wednesday, April 27th. Zelman & Associates upgraded NMI Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, April 27th. Zacks Investment Research upgraded NMI Holdings from a “hold” rating to a “buy” rating and set a $5.75 price objective for the company in a research report on Friday, April 22nd. Finally, BTIG Research restated a “buy” rating and set a $10.00 price objective on shares of NMI Holdings in a research report on Thursday, May 19th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $8.30.

The company’s market capitalization is $363.35 million. The company has a 50-day moving average of $5.70 and a 200-day moving average of $5.45.

In related news, EVP Patrick L. Mathis acquired 20,000 shares of the stock in a transaction that occurred on Monday, May 2nd. The stock was purchased at an average price of $6.28 per share, with a total value of $125,600.00. Following the transaction, the executive vice president now owns 91,077 shares of the company’s stock, valued at approximately $571,963.56. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Brandon Osmon sold 2,062,800 shares of the stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $6.30, for a total transaction 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 increased 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 institutional investor owned 612,183 shares of the company’s stock after buying an additional 235,069 shares during the period. Dimensional Fund Advisors LP owned 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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