In a filing, NMI Holdings Inc revealed its VP, Controller Realmuto Nicholas Daniel unloaded Company’s shares for reported $12222.0 on Sep 18 ’24. In the deal valued at $42.00 per share,291 shares were sold. As a result of this transaction, Realmuto Nicholas Daniel now holds 9,536 shares worth roughly $0.34 million.
Then, Leatherberry William J sold 3,000 shares, generating $120,210 in total proceeds. Upon selling the shares at $40.07, the Chief Admin. Officer & GC now owns 153,689 shares.
Before that, Leatherberry William J sold 2,000 shares. NMI Holdings Inc shares valued at $80,000 were divested by the Chief Admin. Officer & GC at a price of $40.00 per share. As a result of the transaction, Leatherberry William J now holds 156,689 shares, worth roughly $5.66 million.
Barclays downgraded its NMI Holdings Inc [NMIH] rating to an Equal weight from a an Overweight in a research note published on January 06, 2025; the price target was decreased to $41 from $48. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in mid September from “a Sector perform” to “an Outperform”. UBS also remained covering NMIH and has decreased its forecast on May 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. UBS started covering the stock on December 06, 2023. It rated NMIH as “a Buy”.
Price Performance Review of NMIH
On Tuesday, NMI Holdings Inc [NASDAQ:NMIH] saw its stock fall -0.90% to $36.15. Over the last five days, the stock has lost -6.78%. NMI Holdings Inc shares have fallen nearly -1.66% since the year began. Nevertheless, the stocks have risen 20.78% over the past one year. While a 52-week high of $42.49 was reached on 01/30/25, a 52-week low of $28.73 was recorded on 01/13/25. SMA at 50 days reached $37.68, while 200 days put it at $37.21.
Levels Of Support And Resistance For NMIH Stock
The 24-hour chart illustrates a support level at 35.87, which if violated will result in even more drops to 35.58. On the upside, there is a resistance level at 36.56. A further resistance level may holdings at 36.97. The Relative Strength Index (RSI) on the 14-day chart is 37.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.74%. Stochastics %K at 16.28% indicates the stock is a buying.
How much short interest is there in NMI Holdings Inc?
A steep rise in short interest was recorded in NMI Holdings Inc stocks on 2025-01-15, growing by 26069.0 shares to a total of 1.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.26 million shares. There was a rise of 2.03%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 15, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $37 price target.
