Norman Peter Fitzgerald Sells 22,500 Shares of NMI (NASDAQ:NMIH) Stock

NMI Holdings Inc (NASDAQ:NMIH) EVP Norman Peter Fitzgerald sold 22,500 shares of NMI stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.94, for a total value of $898,650.00. Following the transaction, the executive vice president directly owned 32,445 shares of the company’s stock, valued at approximately $1,295,853.30. The trade was a 40.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NMI Trading Down 2.2%

Shares of NMI stock opened at $38.79 on Friday. The stock has a market capitalization of $2.95 billion, a P/E ratio of 7.90, a price-to-earnings-growth ratio of 1.10 and a beta of 0.64. 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 company has a 50-day simple moving average of $39.79 and a 200 day simple moving average of $38.62. NMI Holdings Inc has a 12-month low of $31.90 and a 12-month high of $43.20.

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

NMI News Roundup

Here are the key news stories impacting NMI this week:

• Positive Sentiment: Q4 results: NMI beat consensus on EPS ($1.20 vs. $1.17) and reported strong net margin/ROE, giving fundamental support to the shares. Read More.
• Positive Sentiment: Zacks upgraded NMI to a Rank #2 (Buy), which can attract buy-side interest and supports near-term upside. Read More.
• Neutral Sentiment: Analyst coverage: Several firms maintain positive views and price targets around the low-$40s (consensus ~$43), which suggests modest upside but no dramatic re-rating yet. Read More.
• Neutral Sentiment: Media coverage and analyst-call notes (MSN/Zacks pieces) provide helpful context for investors but are not standalone catalysts. Read More.
• Negative Sentiment: Chairman sale: Bradley M. Shuster sold 55,000 shares (~$2.18M at ~$39.63), a material insider disposal that markets often interpret as a negative signal. Read More.
• Negative Sentiment: EVP Mohammad Nawaz Yousaf sold 16,000 shares (~$638k at ~$39.89), reducing his stake by ~29% and adding to selling pressure. Read More.
• Negative Sentiment: EVP Norman Peter Fitzgerald sold 22,500 shares (~$898.7k at ~$39.94), cutting his holding by ~41% — another notable insider exit. Read More.

Institutional Trading of NMI

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in NMI by 20.4% during the 1st quarter. Royal Bank of Canada now owns 117,065 shares of the financial services provider’s stock valued at $4,221,000 after purchasing an additional 19,857 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of NMI by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,684 shares of the financial services provider’s stock worth $1,683,000 after buying an additional 2,030 shares during the last quarter. NewEdge Advisors LLC acquired a new position in NMI in the first quarter valued at approximately $256,000. Ashton Thomas Private Wealth LLC acquired a new position in NMI in the first quarter valued at approximately $203,000. Finally, Jane Street Group LLC boosted its stake in NMI by 1,312.9% in the first quarter. Jane Street Group LLC now owns 224,152 shares of the financial services provider’s stock valued at $8,081,000 after acquiring an additional 208,287 shares during the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

About NMI

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.