NMI Holdings Inc’s recent filing unveils that its EVP, Chief Sales Officer Fitzgerald Norman Peter unloaded Company’s shares for reported $0.72 million on Feb 24 ’25. In the deal valued at $35.88 per share,20,000 shares were sold. As a result of this transaction, Fitzgerald Norman Peter now holds 37,470 shares worth roughly $1.35 million.
Then, Yousaf Mohammad Nawaz sold 15,517 shares, generating $553,336 in total proceeds. Upon selling the shares at $35.66, the EVP, Chief of Ops and Tech now owns 33,701 shares.
Before that, Yousaf Mohammad Nawaz sold 1,083 shares. NMI Holdings Inc shares valued at $38,382 were divested by the EVP, Chief of Ops and Tech at a price of $35.44 per share. As a result of the transaction, Yousaf Mohammad Nawaz now holds 49,218 shares, worth roughly $1.77 million.
Keefe Bruyette upgraded its NMI Holdings Inc [NMIH] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “an Equal weight”. RBC Capital Mkts also remained covering NMIH and has increased its forecast on September 18, 2024 with a “an Outperform” recommendation from previously “Sector perform” rating. UBS revised its rating on May 22, 2024. It rated NMIH as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NMIH
On Tuesday, NMI Holdings Inc [NASDAQ:NMIH] saw its stock jump 0.76% to $35.96. Over the last five days, the stock has gained 1.41%. NMI Holdings Inc shares have fallen nearly -2.18% since the year began. Nevertheless, the stocks have risen 23.28% over the past one year. While a 52-week high of $42.49 was reached on 01/30/25, a 52-week low of $29.05 was recorded on 01/13/25. SMA at 50 days reached $36.97, while 200 days put it at $37.36.
Levels Of Support And Resistance For NMIH Stock
The 24-hour chart illustrates a support level at 35.68, which if violated will result in even more drops to 35.39. On the upside, there is a resistance level at 36.19. A further resistance level may holdings at 36.41. The Relative Strength Index (RSI) on the 14-day chart is 44.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.96%. Stochastics %K at 17.11% indicates the stock is a buying.
The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $36 price target.
