Insider Selling: Radian Group (NYSE:RDN) EVP Sells 8,000 Shares of Company Stock

Radian Group Inc. (NYSE:RDN) EVP Stephen Keleher sold 8,000 shares of the company’s stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $38.58, for a total value of $308,640.00. Following the sale, the executive vice president directly owned 27,789 shares in the company, valued at $1,072,099.62. This trade represents a 22.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Radian Group Price Performance

Shares of NYSE RDN traded down $1.31 during midday trading on Friday, reaching $35.95. 889,336 shares of the stock traded hands, compared to its average volume of 1,755,635. The company’s 50 day moving average is $34.80 and its 200 day moving average is $35.27. Radian Group Inc. has a one year low of $30.53 and a one year high of $41.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market capitalization of $4.76 billion, a PE ratio of 7.66, a P/E/G ratio of 0.90 and a beta of 0.69.

Radian Group (NYSE:RDN) last announced its quarterly earnings results on Thursday, November 5th. The insurance provider reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.24. The company had revenue of $624.11 million for the quarter, compared to analysts’ expectations of $595.99 million. Radian Group had a net margin of 32.60% and a return on equity of 13.65%. During the same quarter in the previous year, the business posted $1.15 earnings per share. On average, equities research analysts anticipate that Radian Group Inc. will post 4.85 earnings per share for the current year.

Radian Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Stockholders of record on Monday, August 24th were issued 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 payout ratio is 25.00%.

Institutional Trading of Radian Group

Several institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in shares of Radian Group by 109.3% during the second quarter. IFP Advisors Inc now owns 672 shares of the insurance provider’s stock valued at $25,000 after buying an additional 351 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Radian Group by 4.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 9,195 shares of the insurance provider’s stock worth $287,000 after acquiring an additional 369 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Radian Group by 1.0% during the 2nd quarter. Arizona State Retirement System now owns 37,602 shares of the insurance provider’s stock worth $1,416,000 after acquiring an additional 387 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Radian Group by 4.1% during the 3rd quarter. GAMMA Investing LLC now owns 11,613 shares of the insurance provider’s stock valued at $355,000 after acquiring an additional 462 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in Radian Group by 11.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,540 shares of the insurance provider’s stock valued at $284,000 after acquiring an additional 747 shares during the period. Institutional investors own 95.33% of the company’s stock.

Key Stories Impacting Radian Group

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.

Analyst Ratings Changes

RDN has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Radian Group from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. Weiss Ratings cut Radian Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, October 13th. BTIG Research began coverage on Radian Group in a research report on Tuesday, September 22nd. They set a “buy” rating and a $48.00 price objective on the stock. Keefe, Bruyette & Woods lowered their price objective on Radian Group from $46.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, August 11th. Finally, Barclays lifted their target price on Radian Group from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Friday. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $43.29.

Radian Group Company Profile

Radian Group Inc (NYSE:RDN) is a financial services company that provides mortgage insurance and related services to the residential real estate industry. Through its mortgage insurance subsidiaries, including Radian Guaranty Inc, the company helps lenders manage credit risk on residential mortgages, particularly loans made to borrowers with smaller down payments. Its insurance can also help borrowers obtain home financing without contributing a traditional 20% down payment.

Radian’s mortgage insurance business serves mortgage lenders, banks, credit unions and other housing finance participants primarily in the United States.