Nmi Holdings, Inc. (NMIH): James Ozanne , director of Nmi Holdings, Inc. purchased 5,000 shares on May 26, 2016. The Insider buying transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.12 per share for a total value of $30,600.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, William J Leatherberry (EVP, General Counsel) purchased 10,000 shares at $5.92 per share price.On May 4, 2016, Patrick L Mathis (EVP, Chief Risk Officer) purchased 20,000 shares at $6.28 per share price.Also, On Dec 10, 2015, James G Jones (director) purchased 14,000 shares at $6.98 per share price.On Dec 9, 2015, James Ozanne (director) purchased 10,000 shares at $7.09 per share price.
NMI Holdings Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in NMI Holdings Inc which led to swings in the share price. The shares opened for trading at $6.01 and hit $6.1 on the upside , eventually ending the session at $6.09, with a gain of 1.67% or 0.1 points. The heightened volatility saw the trading volume jump to 37,20,421 shares. The 52-week high of the share price is $9.55 and the company has a market cap of $360 M . The 52-week low of the share price is at $4.19.
NMI Holdings Inc. (NMIH) provides private mortgage guaranty insurance (MI) in the United States. The Company’s primary insurance subsidiary National Mortgage Insurance Corporation (NMIC) is a MI provider on loans purchased by Fannie Mae and Freddie Mac (collectively the Government-sponsored enterprises or GSEs). The Company’s reinsurance subsidiary National Mortgage Reinsurance Inc One (Re One) provides reinsurance to NMIC on certain loans insured by NMIC. NMIC’s residential mortgage insurance products primarily provide first loss protection on loans originated by residential mortgage lenders and sold to the GSEs and on low down payment loans held by portfolio lenders. NMIC offers two principal types of MI primary and pool. The Company offers two types of primary mortgage insurance products to its customers flow and non-flow. NMIH has total insurance-in-force (IIF) of around $8.1 billion and total risk-in-force (RIF) of around $894.7 million.