Insider Selling: Radian Group (NYSE:RDN) EVP Sells $308,640.00 in Stock

Radian Group Inc. (NYSE:RDN – Get Free Report) EVP Stephen Keleher sold 8,000 shares of the firm’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $38.58, for a total transaction of $308,640.00. Following the completion of the transaction, the executive vice president directly owned 27,789 shares in the company, valued at approximately $1,072,099.62. This represents a 22.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Radian Group Stock Performance

NYSE:RDN opened at $35.95 on Monday. The company has a current ratio of 0.37, a quick ratio of 0.60 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 8.81, a PEG ratio of 0.90 and a beta of 0.69. The firm’s fifty day simple moving average is $34.80 and its 200 day simple moving average is $35.27. Radian Group Inc. has a twelve month low of $30.53 and a twelve month high of $41.05.

Radian Group (NYSE:RDN – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The insurance provider reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.24. Radian Group had a return on equity of 14.39% and a net margin of 28.41%. The firm had revenue of $624.11 million during the quarter, compared to the consensus estimate of $595.99 million. During the same period in the prior year, the firm earned $1.15 EPS. As a group, equities research analysts expect that Radian Group Inc. will post 4.85 earnings per share for the current fiscal year.

Radian Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th were paid a $0.2550 dividend. The ex-dividend date was Monday, August 24th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.8%. Radian Group’s dividend payout ratio (DPR) is 25.00%.

Institutional Trading of Radian Group

Several large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Radian Group in the 2nd quarter worth approximately $728,072,000. Donald Smith & CO. Inc. acquired a new stake in shares of Radian Group during the 2nd quarter valued at approximately $163,104,000. Caisse de depot et placement du Quebec acquired a new stake in shares of Radian Group during the 2nd quarter valued at approximately $89,334,000. Bruni J V & Co. Co. acquired a new stake in shares of Radian Group during the 2nd quarter valued at approximately $59,355,376. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Radian Group during the second quarter worth $45,553,000. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on RDN. BTIG Research assumed coverage on Radian Group in a research report on Tuesday, September 22nd. They set a “buy” rating and a $48.00 price target on the stock. Weiss Ratings downgraded shares of Radian Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, October 13th. Barclays increased their price objective on shares of Radian Group from $36.00 to $37.00 and gave the company an “equal weight” rating in a research report on Friday. Zacks Research upgraded shares of Radian Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Finally, Wall Street Zen cut shares of Radian Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.29.

Read Our Latest Analysis on RDN

Radian Group News Summary

Here are the key news stories impacting Radian Group this week:

  • Positive Sentiment: Radian earned $1.44 per share, beating analyst estimates of roughly $1.20–$1.27 and rising from $1.15 a year earlier. Revenue reached $624.1 million, above the cited consensus estimate. RDN Q3 Earnings Beat on Specialty Strength, Revenues Rise Y/Y
  • Positive Sentiment: Operating income increased 25.2%, supported by strength in Specialty Insurance, including Inigo, as well as underwriting and investment income. Commentary following the earnings release also highlighted a valuation case that RDN could be substantially below estimated fair value; that assessment is a model-based view, not a guaranteed return. Radian Group Could Be 66% Below Fair Value As Strong Q3 Earnings Land
  • Neutral Sentiment: Barclays raised its price target from $36 to $37 but kept an “equal weight” rating, implying limited upside at the cited share price and signaling a measured analyst outlook. Barclays stock recommendations
  • Negative Sentiment: Despite the earnings beat, RDN shares declined in the latest trading session. The provided reports do not identify a specific catalyst for that move, so it may reflect investor caution or profit-taking rather than a clearly reported deterioration in results.

About Radian Group

(Get Free Report)

Radian Group Inc is a mortgage and real estate services company whose primary business is private mortgage insurance. Through its subsidiaries, it provides mortgage insurance to lenders and other housing finance participants in the United States.

Mortgage insurance helps protect lenders and investors against losses if borrowers default. It can also support home purchases by allowing qualified borrowers to obtain mortgages with smaller down payments than would otherwise be required.

Radian also offers services and solutions related to mortgage risk management.

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Insider Buying and Selling by Quarter for Radian Group (NYSE:RDN)

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