Today, the Sr. EVP, MI and Risk Services of Radian Group (NYSE: RDN), Derek Brummer, bought shares of RDN for $286.3K.
Following this transaction Derek Brummer’s holding in the company was increased by 29.83% to a total of $1.25 million. In addition to Derek Brummer, one other RDN executive reported Buy trades in the last month.
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Based on Radian Group’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $292 million and quarterly net profit of $114 million. In comparison, last year the company earned revenue of $289 million and had a net profit of $76.47 million. The company has a one-year high of $23.49 and a one-year low of $14.06. RDN’s market cap is $3.21B and the company has a P/E ratio of 20.71.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $23.53, reflecting a -39.2% downside. 12 different firms, including B.Riley FBR and Barclays, currently also have a Buy rating on the stock.
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Radian Group, Inc. is a holding company, which engages in the provision of private mortgage insurance, risk management products, and real estate services to financial institutions. It operates through the Mortgage Insurance and Services business segment.
