NMI (NASDAQ:NMIH) Chairman Sells $756,021.30 in Stock

March 7, 2026 by InsiderTrades.com

Key Points

Chairman Bradley Shuster sold 19,430 shares on March 5 at an average price of $38.91 for a total of $756,021.30, trimming his position by 4.47% to 415,411 shares.
NMI beat quarterly EPS estimates with $1.20, reported strong margins (net margin 55.05%, ROE 15.78%), and carries a "Moderate Buy" analyst consensus with an average price target of $43.00.
Management will present at the RBC Global Financial Institutions Conference on March 11 (a potential catalyst for re-rating), and institutional investors hold roughly 94.12% of the stock.

NMI Holdings Inc (NASDAQ:NMIH - Get Free Report) Chairman Bradley Shuster sold 19,430 shares of the business's stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $38.91, for a total value of $756,021.30. Following the completion of the sale, the chairman owned 415,411 shares of the company's stock, valued at $16,163,642.01. The trade was a 4.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

NMI Stock Down 1.1%

Shares of NASDAQ NMIH opened at $38.29 on Friday. The stock has a market capitalization of $2.91 billion, a P/E ratio of 7.80, a PEG ratio of 1.07 and a beta of 0.63. NMI Holdings Inc has a one year low of $31.90 and a one year high of $43.20. The firm's 50 day simple moving average is $39.38 and its two-hundred day simple moving average is $38.65. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.57 and a quick ratio of 0.57.

NMI (NASDAQ:NMIH - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.17 by $0.03. NMI had a net margin of 55.05% and a return on equity of 15.78%. The firm had revenue of $180.74 million during the quarter, compared to analyst estimates of $180.69 million. During the same period in the previous year, the business posted $1.07 EPS. As a group, analysts expect that NMI Holdings Inc will post 4.62 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on NMIH shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NMI in a research note on Thursday, January 22nd. JPMorgan Chase & Co. increased their target price on NMI from $42.00 to $43.00 and gave the company an "overweight" rating in a report on Monday, January 12th. Barclays lifted their price target on NMI from $43.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 6th. UBS Group set a $43.00 price objective on NMI in a research note on Monday, January 12th. Finally, Keefe, Bruyette & Woods raised shares of NMI from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $46.00 to $48.00 in a research note on Thursday, December 18th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $43.00.

View Our Latest Analysis on NMIH

Institutional Investors Weigh In On NMI

A number of large investors have recently modified their holdings of NMIH. PNC Financial Services Group Inc. raised its stake in NMI by 4.1% in the second quarter. PNC Financial Services Group Inc. now owns 6,661 shares of the financial services provider's stock worth $281,000 after buying an additional 264 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of NMI by 1.2% during the 3rd quarter. Arizona State Retirement System now owns 23,099 shares of the financial services provider's stock worth $886,000 after acquiring an additional 277 shares during the period. Nisa Investment Advisors LLC raised its position in shares of NMI by 22.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,572 shares of the financial services provider's stock worth $60,000 after acquiring an additional 289 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of NMI by 51.5% during the third quarter. Harbor Capital Advisors Inc. now owns 856 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 291 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in NMI by 0.5% in the second quarter. California State Teachers Retirement System now owns 70,112 shares of the financial services provider's stock worth $2,958,000 after purchasing an additional 328 shares during the period. Institutional investors own 94.12% of the company's stock.

Key NMI News

Here are the key news stories impacting NMI this week:

Positive Sentiment: Zacks publishes a bullish valuation take arguing NMIH trades at a discount to peers (about 1.15x industry) and highlights growth drivers — higher new insurance written volume, a comprehensive reinsurance program, and prudent capital deployment. This supports a longer-term buy case. Zacks: NMIH Stock Trading at a Discount
Positive Sentiment: Management (CEO Adam Pollitzer and CFO Aurora Swithenbank) will present at the RBC Global Financial Institutions Conference on March 11 — an event that typically increases transparency and can help re-rate a stock if management gives constructive guidance. The presentation will be posted on the company IR site. GlobeNewswire: RBC Conference Participation
Neutral Sentiment: Zacks Research issued a batch of small estimate changes that are mixed: they nudged FY2026 EPS higher to $5.12 (from $5.10) and lifted Q2/Q3 2026 estimates modestly, but trimmed longer-term FY2028 slightly. These revisions imply modestly better medium-term profitability but little change to consensus near-term guidance. AmericanBankingNews: Zacks Research Forecasts
Negative Sentiment: Some near-term EPS estimates were trimmed: Zacks cut Q1 2026 and Q1 2027 forecasts slightly (e.g., Q1 2026 to $1.22 from $1.23; Q1 2027 to $1.36 from $1.38). Even small downward tweaks to near-term quarterly guidance can pressure the stock in the short term. AmericanBankingNews: Zacks Research Forecasts

About NMI

(Get Free Report)

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers' access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure.