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NMI Holdings Inc (NASDAQ: NMIH ) Executive Vice President of Operations and Information Technology Mohammad Yousaf sold 9,000 shares of the company’s stock on February 21, 2024, according to a recent SEC filing. NMI Holdings Inc is a private provider of mortgage insurance in the United States. The company’s primary product is mortgage guaranty insurance, which insures residential mortgage loans originated by private lenders to protect against losses resulting from residential mortgage loan defaults.
Over the past year, this insider has sold a total of 9,000 shares and purchased no shares of the company.
NMI Holdings Inc’s insider trading history shows 0 insider purchases and 10 insider sales over the past year.
On the date of most recent trading by insiders, NMI Holdings Inc’s shares were trading at $29.51, giving it a market capitalization of $2.359 billion.
The stock’s price-to-earnings ratio is 7.60, which is below its peers’ median of 12.05 and below the company’s historical median price-to-earnings ratio.
NMI Holdings Inc’s share price is $29.51, with a GuruFocus value of $28.63, and its market price to GF value ratio is 1.03, indicating that the stock is fairly valued according to the GF value metric.
The calculation of GF takes into account historical trading multiples, GuruFocus adjustment factors based on the company’s past returns and growth, and future business performance forecasts provided by Morningstar analysts.
This article was generated by GuruFocus and is intended to provide general insight and is not tailored financial advice. Our commentary is rooted in historical data and analyst forecasts, employs an unbiased methodology, and is not intended to serve as specific investment guidance. It does not make a recommendation to purchase or divest any stock and does not take into account personal investment objectives or financial situation. Our goal is to provide long-term, fundamental data-driven analysis. Please note that our analysis may not include the latest, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in the stocks mentioned in this article.
This article was first published on GuruFocus.
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