NMIH NMI (NMIH) Insider Trading, Ownership & Congress Trades
Insurance · Surety insurance · CIK 0001547903
Form 144 · 3
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
190
13F, latest reported quarter
Conversions, 180 days
3
Codes C/M, not in net · $1.2M priced
What the filings say about NMIH
Insiders, 180 days
-$8.9M net sold
4 sellers · 0% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$9.6M
3 notices
NMI insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, NMI Holdings, Inc. insiders sold a net $8.9M of stock across 61 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on May 1, 2025.
- The trade is 63.9% of the 270,267 shares held after it.
- 1 other insider sold within 30 days.
- 190 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Executive Officer Pollitzer Adam sold about $7.7M of NMIH on Sep 4, 2026, the largest insider sale at the company on our record; 1 other insider sold within 30 days and 190 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 23.0% of the 50,734 shares held after it.
- 2 other insiders sold within 30 days.
- 190 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP, Chief Financial Officer Swithenbank Aurora sold about $519.1K of NMIH on Aug 11, 2026; 2 other insiders sold within 30 days and 190 funds added in the latest 13F quarter.Context
- 4 earlier Form 4 trades (code P or S) here by this insider (4 sales), the last on May 1, 2025.
- The trade is 12.5% of the 96,381 shares held after it.
- 1 other insider sold within 30 days.
- 190 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP, Chief Risk Officer Smith Robert Owen sold about $535.8K of NMIH on Aug 3, 2026; 1 other insider sold within 30 days and 190 funds added in the latest 13F quarter.Context
- 4 earlier Form 4 trades (code P or S) here by this insider (4 sales), the last on May 13, 2025.
- The trade is 2.3% of the 69,026 shares held after it.
- No other insider sold within 30 days.
- 190 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Montgomery Michael Curry sold about $58.9K of NMIH on May 19, 2026; 190 funds added in the latest 13F quarter.Context
- 12 earlier Form 4 trades (code P or S) here by this insider (12 sales), the last on Mar 19, 2026.
- The trade is 4.6% of the 415,411 shares held after it.
- No other insider sold within 30 days.
- 190 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Executive Chairman SHUSTER BRADLEY M sold about $707.9K of NMIH on Mar 24, 2026; 190 funds added in the latest 13F quarter.61 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$8.9M over 180 days
-$8.8M over 90 days
below 70% of Insurance
Congress
no House purchase disclosed in the last 12 months
Funds
190 funds bought in last quarter
more than 60% of Insurance
Revenue
+8.5% year over year
below 54% of Insurance
Margin
55.1% net margin
more than 93% of Insurance
Buybacks
$60.0M repurchased, FY to 2026-06-30
below 70% of Insurance
Short interest
3.0% of the float short (float per yahoo 2026-10-26) · 2.8 days to cover · settled 2026-09-30
more than 56% of Insurance
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch NMIH
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+16.3%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns NMIH: institutional holders (13F)
13F holdings, latest reported quarter
13,189,334 sh
$541.9M
4,665,910 sh
$191.7M
3,478,523 sh
$142.9M
3,420,198 sh
$140.5M
3,046,624 sh
$125.2M
Congress trades in NMIH
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
NMIH planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
ADAM POLLITZER
Filed 2026-09-04
$8.6M
AURORA SWITHENBANK
Filed 2026-08-11
$519.1K
ROBERT O. SMITH
Filed 2026-08-03
$535.8K
Regina Liang Muehlhauser
Filed 2026-07-24
$370.5K
Regina Liang Muehlhauser
Filed 2026-07-21
$444.8K
NMIH mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Muhlenkamp Fund
$8.8M position · as of 2026-06-30
3.4%
Total Market Plus Equity Portfolio
$619.5K position · as of 2026-07-31
2.5%
Pear tree polaris small cap fund
$2.3M position · as of 2026-06-30
2.3%
Nationwide Renaissance Small Cap Growth Fund
$468.9K position · as of 2026-07-31
2.1%
VY Columbia Small Cap Value and Inflection Portfolio
$1.0M position · as of 2026-06-30
1.4%
Columbia Small Cap Value and Inflection Fund
$11.1M position · as of 2026-05-31
1.3%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Mr. Pollitzer
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$10.2M
$14.2M
$2.9M
+80%
+66%
2024
$9.0M
$15.3M
$2.7M
+62%
+40%
2023
$7.9M
$12.2M
$2.5M
+31%
+30%
2022
$5.5M
$5.0M
$2.8M
-8%
-7%
2021
$5.0M
$4.0M
$2.6M
-4%
+6%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $8.9M sold by insiders over 180 days, 190 funds added last quarter, $9.6M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
NMIH financials
Revenue growth
+8.5%
XBRL, annual
Net margin
55.1%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$730.8M
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM NMIH
| FY Dec 2025 | $706.4M |
| FY Dec 2024 | $651.0M |
| FY Dec 2023 | $579.0M |
| FY Dec 2022 | $523.3M |
| FY Dec 2021 | $485.1M |
| Jun 2026 | $187.9M |
| Mar 2026 | $183.5M |
| Dec 2025 | $180.7M |
| Sep 2025 | $178.7M |
| Jun 2025 | $173.8M |
| Mar 2025 | $173.2M |
| Dec 2024 | $166.5M |
| Sep 2024 | $166.1M |
At each fiscal year end
Single quarter
Net margin, TTM
+54.1%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM NMIH
| FY Dec 2025 | +55.1% |
| FY Dec 2024 | +55.3% |
| FY Dec 2023 | +55.6% |
| FY Dec 2022 | +56.0% |
| FY Dec 2021 | +47.6% |
| Jun 2026 | +56.3% |
| Mar 2026 | +54.1% |
| Dec 2025 | +52.1% |
| Sep 2025 | +53.7% |
| Jun 2025 | +55.3% |
| Mar 2025 | +59.2% |
| Dec 2024 | +51.8% |
| Sep 2024 | +55.9% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$441.6M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM NMIH
| FY Dec 2025 | $412.5M |
| FY Dec 2024 | $386.7M |
| FY Dec 2023 | $333.3M |
| FY Dec 2022 | $302.8M |
| FY Dec 2021 | $313.5M |
| Jun 2026 | $140.2M |
| Mar 2026 | $115.0M |
| Dec 2025 | $60.1M |
| Sep 2025 | $126.3M |
| Jun 2025 | $126.7M |
| Mar 2025 | $99.4M |
| Dec 2024 | $34.4M |
| Sep 2024 | $126.9M |
At each fiscal year end
Single quarter
Debt to equity
0.15x
long-term debt only, 2022-12-31 (42 months older than the period end); equity 2026-06-30
Debt to equity NMIH
| FY Dec 2025 | 0.15x |
| FY Dec 2024 | 0.18x |
| FY Dec 2023 | 0.21x |
| FY Dec 2022 | 0.25x |
| FY Dec 2021 | 0.25x |
| Jun 2026 | 0.15x |
| Mar 2026 | 0.15x |
| Dec 2025 | 0.15x |
| Sep 2025 | 0.16x |
| Jun 2025 | 0.16x |
| Mar 2025 | 0.17x |
| Dec 2024 | 0.18x |
| Sep 2024 | 0.18x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
1.13x
TTM operating cash flow over long-term debt only, 2022-12-31 (42 months older than the period end)
Cash flow to debt NMIH
| FY Dec 2025 | 1.06x |
| FY Dec 2024 | 0.99x |
| FY Dec 2023 | 0.87x |
| FY Dec 2022 | 0.79x |
| FY Dec 2021 | 0.83x |
| Jun 2026 | 1.13x |
| Mar 2026 | 1.10x |
| Dec 2025 | 1.06x |
| Sep 2025 | 0.99x |
| Jun 2025 | 0.99x |
| Mar 2025 | 0.97x |
| Dec 2024 | 0.99x |
| Sep 2024 | 0.98x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+15.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity NMIH
| FY Dec 2025 | +16.2% |
| FY Dec 2024 | +17.4% |
| FY Dec 2023 | +18.2% |
| FY Dec 2022 | +18.4% |
| FY Dec 2021 | +15.7% |
| Jun 2026 | +15.4% |
| Mar 2026 | +15.6% |
| Dec 2025 | +16.2% |
| Sep 2025 | +16.2% |
| Jun 2025 | +16.9% |
| Mar 2025 | +17.4% |
| Dec 2024 | +17.4% |
| Sep 2024 | +17.9% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+10.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets NMIH
| FY Dec 2025 | +10.8% |
| FY Dec 2024 | +11.4% |
| FY Dec 2023 | +11.8% |
| FY Dec 2022 | +11.8% |
| FY Dec 2021 | +10.0% |
| Jun 2026 | +10.4% |
| Mar 2026 | +10.5% |
| Dec 2025 | +10.8% |
| Sep 2025 | +10.8% |
| Jun 2025 | +11.3% |
| Mar 2025 | +11.6% |
| Dec 2024 | +11.4% |
| Sep 2024 | +11.8% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
fewer than four consecutive quarters of operating income
Return on invested capital NMIH
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
fewer than four consecutive quarters of operating income
Return on capital employed NMIH
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
8.43x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing NMIH
| FY Dec 2025 | 8.31x |
| FY Dec 2024 | 8.30x |
| FY Dec 2023 | 7.73x |
| FY Dec 2022 | 6.17x |
| FY Dec 2021 | 8.28x |
| Jun 2026 | 8.09x |
| Mar 2026 | 7.64x |
| Dec 2025 | 8.31x |
| Sep 2025 | 8.02x |
| Jun 2025 | 8.96x |
| Mar 2025 | 7.79x |
| Dec 2024 | 8.30x |
| Sep 2024 | 9.43x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$3.6B
market value at close 2026-10-26 on 2026-07-27 shares, plus long-term debt only, 2022-12-31 (42 months older than the period end), minus cash 2018-06-30
Enterprise value NMIH
| FY Dec 2025 | $3.5B |
| FY Dec 2024 | $3.3B |
| FY Dec 2023 | $2.8B |
| FY Dec 2022 | $2.1B |
| FY Dec 2021 | $2.3B |
| Jun 2026 | $3.5B |
| Mar 2026 | $3.2B |
| Dec 2025 | $3.5B |
| Sep 2025 | $3.4B |
| Jun 2025 | $3.7B |
| Mar 2025 | $3.2B |
| Dec 2024 | $3.3B |
| Sep 2024 | $3.7B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+13.7%
TTM free cash flow over market value at close 2026-10-26
FCF yield NMIH
| FY Dec 2025 | +13.2% |
| FY Dec 2024 | +13.3% |
| FY Dec 2023 | +13.9% |
| FY Dec 2022 | +17.3% |
| FY Dec 2021 | +16.7% |
| Jun 2026 | +14.1% |
| Mar 2026 | +15.0% |
| Dec 2025 | +13.2% |
| Sep 2025 | +13.0% |
| Jun 2025 | +11.8% |
| Mar 2025 | +13.3% |
| Dec 2024 | +13.3% |
| Sep 2024 | +11.6% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
1.07x
P/E over trailing EPS growth of 8%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing NMIH
| FY Dec 2025 | 0.77x |
| FY Dec 2024 | 0.54x |
| FY Dec 2023 | 0.58x |
| FY Dec 2022 | 0.22x |
| FY Dec 2021 | 0.33x |
| Jun 2026 | 1.03x |
| Mar 2026 | 1.26x |
| Dec 2025 | 0.77x |
| Sep 2025 | 0.85x |
| Jun 2025 | 0.77x |
| Mar 2025 | 0.53x |
| Dec 2024 | 0.54x |
| Sep 2024 | 0.51x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $706.4M | $651.0M | $579.0M | $523.3M |
| Net income | $388.9M | $360.1M | $322.1M | $292.9M |
| EPS (diluted) | 4.92 | 4.43 | 3.84 | 3.39 |
| Operating cash flow | $419.3M | $393.6M | $342.7M | $313.4M |
| Long-term debt | n/a | n/a | n/a | $396.1M |
| Buybacks | $105.1M | $97.6M | $91.6M | $56.6M |
SEC XBRL, fiscal years, as known on 2026-10-28
NMIH Stock Sonar score 6/7 axes
Find similar shapesCompareNMIH ranks highest on risk and compliance (78th percentile) and profitability (74th), and lowest on insider conviction (13th), among Insurance peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
NMIH filings, in plain words
Are NMI insiders buying or selling NMIH?
In the 180 days to 2026-10-28, NMI insiders were net sellers, a net $8.9M across purchases and sales reported on Form 4, by 4 sellers.
Are there planned insider sales of NMIH?
Yes. 3 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-28, covering $9.6M of stock; the latest, by ADAM POLLITZER, was filed 2026-09-04.
Read the full summary
In the 180 days to 2026-10-28, NMI insiders were net sellers of NMIH, a net $8.9M across purchases and sales reported on Form 4 by 4 sellers. None of the 4 insider sales was flagged as made under a Rule 10b5-1 plan. Insiders filed 3 Form 144 notices of intent to sell in the 90 days to 2026-10-28, covering $9.6M of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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