Today, a Director at NMI Holdings (NASDAQ: NMIH), Michael Embler, sold shares of NMIH for $326.6K.
Following Michael Embler’s last NMIH Sell transaction on February 25, 2016, the stock climbed by 16.8%. In addition to Michael Embler, 2 other NMIH executives reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on NMI Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $67.45 million and quarterly net profit of $25.24 million. In comparison, last year the company earned revenue of $42.2 million and had a net profit of $6.01 million. NMIH’s market cap is $1.42B and the company has a P/E ratio of 24.60. Currently, NMI Holdings has an average volume of 260.8K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $24.20, reflecting a -10.5% downside.
The insider sentiment on NMI Holdings has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
NMI Holdings, Inc. engages in the provision of private mortgage guaranty insurance. It focuses on long-term customer relationships, disciplined and proactive risk selection and pricing, fair and transparent claims payment practices, responsive customer service, financial strength, and profitability.
