NMI Holdings Inc (NASDAQ:NMIH) COO Patrick L. Mathis sold 54,118 shares of the company’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $25.98, for a total transaction of $1,405,985.64. Following the transaction, the chief operating officer now owns 81,650 shares of the company’s stock, valued at $2,121,267. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NMIH stock traded down $0.22 during mid-day trading on Thursday, hitting $25.93. 235,910 shares of the company were exchanged, compared to its average volume of 389,875. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.33 and a quick ratio of 0.33. The firm has a market cap of $1.72 billion, a PE ratio of 15.62 and a beta of 1.38. NMI Holdings Inc has a 12-month low of $13.35 and a 12-month high of $26.28.

NMI (NASDAQ:NMIH) last announced its earnings results on Tuesday, February 12th. The financial services provider reported $0.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.01. The company had revenue of $76.26 million during the quarter, compared to analyst estimates of $77.40 million. NMI had a net margin of 39.24% and a return on equity of 17.47%. Sell-side analysts anticipate that NMI Holdings Inc will post 2.21 EPS for the current fiscal year.

NMIH has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of NMI from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. B. Riley increased their target price on shares of NMI from $23.00 to $26.00 and gave the company a “buy” rating in a research report on Thursday, February 14th. Barclays set a $28.00 target price on shares of NMI and gave the company a “buy” rating in a research report on Thursday, February 14th. ValuEngine upgraded shares of NMI from a “hold” rating to a “buy” rating in a research report on Friday, January 25th. Finally, BidaskClub upgraded shares of NMI from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 20th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $25.22.

A number of hedge funds have recently made changes to their positions in NMIH. Lavaca Capital LLC purchased a new position in shares of NMI in the fourth quarter valued at approximately $25,000. Bremer Trust National Association purchased a new position in shares of NMI in the fourth quarter valued at approximately $80,000. C M Bidwell & Associates Ltd. purchased a new position in shares of NMI in the third quarter valued at approximately $106,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of NMI by 31.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,718 shares of the financial services provider’s stock valued at $84,000 after purchasing an additional 1,117 shares during the period. Finally, Meeder Asset Management Inc. boosted its stake in shares of NMI by 416.5% in the fourth quarter. Meeder Asset Management Inc. now owns 7,190 shares of the financial services provider’s stock valued at $127,000 after purchasing an additional 5,798 shares during the period. 90.52% of the stock is owned by institutional investors.

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About NMI

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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