Yesterday it was reported that a Director at NMI Holdings (NMIH – Research Report), Steven Scheid, exercised options to sell 27,325 NMIH shares at $10.00 a share, for a total transaction value of $828.5K.
Following Steven Scheid’s last NMIH Sell transaction on May 13, 2019, the stock climbed by 3.7%.
Based on NMI Holdings’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $105 million and quarterly net profit of $50.2 million. In comparison, last year the company earned revenue of $76.26 million and had a net profit of $35.52 million. The company has a one-year high of $35.79 and a one-year low of $23.53. Currently, NMI Holdings has an average volume of 652.27K.
The insider sentiment on NMI Holdings has been negative according to 66 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Steven Scheid’s trades have generated a -11.5% 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
NMI Holdings, Inc. is engaged 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.