Today, the EVP & GC of NMI Holdings (NASDAQ: NMIH), William Leatherberry, sold shares of NMIH for $269.7K.
Following William Leatherberry’s last NMIH Sell transaction on August 31, 2017, the stock climbed by 6.2%. This is Leatherberry’s first Sell trade following 7 Buy transactions.
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Based on NMI Holdings’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $59.55 million and quarterly net profit of $22.36 million. In comparison, last year the company earned revenue of $37.05 million and had a net profit of $5.49 million. NMIH’s market cap is $1.12B and the company has a P/E ratio of 28.03. Currently, NMI Holdings has an average volume of 407.2K.
Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $20.86, reflecting a -21.4% downside.
The insider sentiment on NMI Holdings has been negative according to 45 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
William Leatherberry’s trades have generated a 44.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
