MBIAMBI
Market Cap: $170M
About: MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. It operates in three segments: the United States public finance insurance, corporate, and international & structured finance insurance. U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiary.
Employees: 61
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
7% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 44
4.58% less ownership
Funds ownership: 61.62% [Q1] → 57.04% (-4.58%) [Q2]
13% less funds holding
Funds holding: 132 [Q1] → 115 (-17) [Q2]
25% less capital invested
Capital invested by funds: $214M [Q1] → $161M (-$53.1M) [Q2]
35% less call options, than puts
Call options by funds: $3.03M | Put options by funds: $4.62M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Roth MKM Harry Fong 96% 1-year accuracy 22 / 23 met price target | 35%upside $4.50 | Neutral Maintained | 7 Aug 2024 |