Nmi Holdings, Inc. (NMIH): Patrick L Mathis , EVP, Chief Risk Officer of Nmi Holdings, Inc. purchased 20,000 shares on May 2, 2016. The Insider buying transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.28 per share for a total value of $125,600.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 16, 2016, William J Leatherberry (EVP, General Counsel) purchased 10,000 shares at $5.06 per share price.On Dec 10, 2015, James G Jones (director) purchased 14,000 shares at $6.98 per share price.Also, On Dec 9, 2015, James Ozanne (director) purchased 10,000 shares at $7.09 per share price.On Nov 13, 2015, Michael J Embler (director) purchased 10,000 shares at $7.51 per share price.
Shares of NMI Holdings Inc (NMIH) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.47% at $6.32 with 2,37,059 shares getting traded. Post opening the session at $6.3, the shares hit an intraday low of $6.195 and an intraday high of $6.45 and the price vacillated in this range throughout the day. The company has a market cap of $373 M and the number of outstanding shares has been calculated to be 5,90,80,468 shares. The 52-week high of NMI Holdings Inc is $9.55 and the 52-week low is $4.19.
Company has been under the radar of several Street Analysts.NMI Holdings Inc is Reiterated by FBR Capital to Outperform while Lowering the Price Target of the company shares to $ 8 from a previous price target of $11 . The Rating was issued on Feb 19, 2016.NMI Holdings Inc is Reiterated by Compass Point to Buy while Lowering the Price Target of the company shares to $ 9 from a previous price target of $11.50 . The Rating was issued on Feb 19, 2016.
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.