Ellsworth Advisors LLC Acquires New Shares in NMI Holdings Inc $NMIH

Posted by Geri Gentry on Oct 16th, 2026

Ellsworth Advisors LLC bought a new position in NMI Holdings Inc (NASDAQ:NMIH – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 23,129 shares of the financial services provider’s stock, valued at approximately $863,000.

Several other institutional investors also recently bought and sold shares of the stock. Nykredit A S purchased a new stake in NMI in the 2nd quarter worth $31,000. Public Employees Retirement System of Ohio purchased a new position in shares of NMI during the second quarter valued at about $36,000. Pacer Advisors Inc. grew its position in shares of NMI by 58.7% during the first quarter. Pacer Advisors Inc. now owns 1,006 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 372 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of NMI by 34.0% in the first quarter. Bessemer Group Inc. now owns 1,071 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 272 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of NMI by 35.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,160 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 301 shares during the last quarter. 94.12% of the stock is owned by hedge funds and other institutional investors.

NMI Stock Up 1.0%

Shares of NASDAQ NMIH opened at $40.10 on Friday. The firm’s 50-day moving average price is $42.96 and its 200-day moving average price is $40.69. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 7.89, a P/E/G ratio of 1.07 and a beta of 0.56. NMI Holdings Inc has a 12-month low of $34.84 and a 12-month high of $46.74.

NMI (NASDAQ:NMIH – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. NMI had a net margin of 54.10% and a return on equity of 15.13%. The firm had revenue of $187.89 million during the quarter, compared to the consensus estimate of $156.26 million. During the same quarter last year, the firm earned $1.22 EPS. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. On average, equities research analysts anticipate that NMI Holdings Inc will post 5.24 EPS for the current fiscal year.

Insider Transactions at NMI

In other news, EVP Robert Smith sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $44.65, for a total transaction of $535,800.00. Following the transaction, the executive vice president owned 96,381 shares of the company’s stock, valued at approximately $4,303,411.65. The trade was a 11.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Aurora Swithenbank sold 11,662 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $44.51, for a total value of $519,075.62. Following the transaction, the executive vice president directly owned 50,734 shares in the company, valued at approximately $2,258,170.34. This represents a 18.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 196,368 shares of company stock worth $8,800,740. 2.44% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. dropped their price target on NMI from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Monday. BTIG Research initiated coverage on NMI in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $54.00 price objective on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $53.00 price objective on shares of NMI in a report on Tuesday, August 4th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $47.00 target price on shares of NMI in a research report on Monday, August 3rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of NMI in a report on Wednesday, September 9th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $48.43.

Read Our Latest Stock Analysis on NMIH

NMI Profile

(Free Report)

NMI Holdings, Inc (NASDAQ:NMIH) is a holding company whose principal operating subsidiary, National MI, provides private mortgage insurance in the United States. Mortgage insurance helps protect lenders and investors against losses when borrowers default on residential mortgage loans, enabling qualified borrowers to purchase homes with down payments below traditional requirements.

National MI primarily offers mortgage insurance for residential first-lien mortgages, including borrower-paid and lender-paid coverage.