| Work Detail |
It was disclosed in a legal report that has been filled with the U.S. Security & Exchange Commission that James Ozanne, who works for Nmi Holdings Inc, and currently serves as director completed an insider transaction on August 30, 2016. James acquired 5,000 shares of the public company based on an average weighted cost of $7.9 U.S. Dollars for share. As revealed in the form available at the SEC website here, the aggregate amount of the transaction was $39,600 U.S. Dollars. He also acquired 5,000 shares worth $33,900 USD in the last month. The probability of this transaction remaining unseen is quite small because it’s new, with James Ozanne now owning 122,467 shares — that is 0.21% of the Company’s market capitalization. Out of 3 analysts covering NMI Holdings (NASDAQ:NMIH), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $9 is the highest target while $7 is the lowest. The $8 average target is 0.13% above today’s ($7.99) stock price. NMI Holdings has been the topic of 3 analyst reports since February 19, 2016 according to StockzIntelligence Inc. Compass Point maintained the stock on February 19 with “Buy” rating. Keefe Bruyette & Woods maintained the shares of NMIH in a report on February 19 with “Outperform” rating. The institutional sentiment increased to 2.24 in 2016 Q2. Its up 0.51, from 1.73 in 2016Q1. The ratio improved, as 10 funds sold all NMI Holdings Inc shares owned while 19 reduced positions. 23 funds bought stakes while 42 increased positions. They now own 47.33 million shares or 0.52% less from 47.58 million shares in 2016Q1. Claren Road Asset Management Llc holds 80.99% of its portfolio in NMI Holdings Inc for 1.25 million shares. Hayman Capital Management L.P. owns 5.31 million shares or 23.19% of their US portfolio. Moreover, Waterstone Capital Management L.P. has 5.06% invested in the company for 1.95 million shares. The California-based Old West Investment Management Llc has invested 3.15% in the stock. V3 Capital Management L.P., a New York-based fund reported 1.79 million shares. The stock decreased 0.75% or $0.06 during the last trading session, hitting $7.99. About 713,599 shares traded hands or 115.42% up from the average. NMI Holdings Inc (NASDAQ:NMIH) has risen 64.96% since January 26, 2016 and is uptrending. It has outperformed by 50.42% the S&P500. NMI Holdings, Inc. provides private mortgage guaranty insurance (MI) through its insurance subsidiaries. The company has a market cap of $468.94 million. The Company’s insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is an MI well-known provider on loans purchased by Fannie Mae and Freddie Mac (collectively the Government-sponsored enterprises(GSEs)). It currently has negative earnings. The Company’s reinsurance subsidiary, National Mortgage Reinsurance Inc One, provides reinsurance to NMIC on certain loans insured by NMIC. According to Zacks Investment Research, “NMI Holdings, Inc., through its subsidiaries, provides private mortgage insurance in the United States. NMI Holdings, Inc. is based in Emeryville, California.” Analysts await NMI Holdings Inc (NASDAQ:NMIH) to report earnings on October, 25. They expect $0.07 earnings per share, up 187.50% or $0.15 from last year’s $-0.08 per share. NMIH’s profit will be $4.11 million for 28.54 P/E if the $0.07 EPS becomes a reality. After $0.03 actual earnings per share reported by NMI Holdings Inc for the previous quarter, Wall Street now forecasts 133.33% EPS growth. Viewers should always consult with a licensed securities professional before purchasing or selling any securities of companies profiled or discussed in our articles. It is possible that a viewer’s entire investment may be lost or impaired due to the speculative nature of the companies profiled. We make no recommendation that the securities of the companies profiled or discussed in on our website should be purchased, sold or held by investors. The information provided on this website is for individual use only and should be considered strictly informational in nature. The article is not advice, and should not be treated as such. We are in no way responsible for any investment loss or damages. All content in our articles is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. |
