Nmi Holdings-a Director Sells $181,475 in Stock (NMIH)
Nmi Holdings-a (NASDAQ:NMIH) Director James Ozanne sold 17,500 shares of the company’s stock on the open market in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $10.37, for a total transaction of $181,475.00. Following the completion of the transaction, the director now directly owns 17,390 shares of the company’s stock, valued at approximately $180,334. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Nmi Holdings-a (NASDAQ:NMIH) traded down 0.32% on Wednesday, hitting $10.935. The stock had a trading volume of 77,287 shares. Nmi Holdings-a has a one year low of $9.751 and a one year high of $15.24. The stock’s 50-day moving average is $10.68 and its 200-day moving average is $11.81. The company’s market cap is $636.7 million.
Nmi Holdings-a (NASDAQ:NMIH) last posted its quarterly earnings results on Monday, March 10th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by $0.03. The company had revenue of $2.20 million for the quarter, compared to the consensus estimate of $3.37 million. Analysts expect that Nmi Holdings-a will post $-0.96 EPS for the current fiscal year.
Separately, analysts at FBR Capital Markets reiterated an “outperform” rating on shares of Nmi Holdings-a in a research note on Thursday, May 15th. They now have a $15.00 price target on the stock, down previously from $17.00.
NMI Holdings, Inc (NASDAQ:NMIH) is a development-stage company.
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