Mohammad Yousaf, EVP, Operations & Information Technology of NMI Holdings Inc (NMIH, Financial), executed a sale of 9,000 shares in the company on February 21, 2024, according to a recent SEC filing. NMI Holdings Inc is a provider of private mortgage insurance in the United States. The company's primary product is mortgage guaranty insurance, which insures residential mortgage loans made by private lenders against default-related losses on residential mortgage loans.
Over the past year, the insider has sold a total of 9,000 shares and has not made any purchases of the company's stock.
The insider transaction history for NMI Holdings Inc shows a pattern of 0 insider buys and 10 insider sells over the past year.
On the date of the insider's recent transaction, shares of NMI Holdings Inc were trading at $29.51, resulting in a market capitalization of $2.359 billion.
The stock's price-earnings ratio stands at 7.60, which is below the industry median of 12.05 and also below the company's historical median price-earnings ratio.
With a share price of $29.51 and a GuruFocus Value of $28.63, NMI Holdings Inc has a price-to-GF-Value ratio of 1.03, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
