Brummer Derek

RDN President, Mortgage Insurance Brummer Derek sold 29,205 shares in 2 transactions totaling $1,008,601.49 on Dec 5–6.

Brummer Derek, President of Mortgage Insurance at Radian Group, executed 2 separate sales totaling 29,205 shares for $1,008,601.49 over Dec 5–6, reducing his holdings by 15.7% from 186,535 to 157,330 shares. The blended average sale price of $34.54 is currently 0.1% above the post-transaction price of $34.64. His prior 5 sales at RDN show mixed timing outcomes—only 1 of 5 was well-timed at the 90-day mark, and his most recent prior sale on 2024-09-05 saw negative 90-day returns of -1.2%, suggesting inconsistent predictive value in his trade execution. The company's fundamentals remain solid with a P/E of 8.62, recent quarterly net income of $151,892,000.00, and annual revenue growth of +4.2%, providing no obvious distress signal that would explain this partial liquidation. The sale itself is material by dollar amount but represents a routine open-market reduction in an already significant remaining position.

Brummer Derek, President of Mortgage Insurance, sold 35,153 shares of RDN at $35.36 for $1,242,985.47 on 2024-09-05.

Derek Brummer sold approximately 15.9% of his RDN holdings on 2024-09-05, reducing his position from 221,688 shares to 186,535 shares. His prior four sales at RDN all generated positive 90-day returns (ranging from 10.0% to 13.2%), indicating his prior exits at this ticker have not been well-timed as sell signals; the stock subsequently rose after each sale. The current price of $34.96 is 5.9% below the 52-week high of $37.16, and the 30-day and 90-day post-transaction returns are not yet observable. Notably, Radian Group's P/E is 8.72 with strong recent fundamentals: $321.1M revenue in the latest quarter, net income of $151.9M, and 4.2% annual revenue growth, suggesting the company maintains solid operational performance despite the moderate sell activity.