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EdgarHawk

Ray Eric

Sr. EVP, Chief Digital Officer

Officer
1 filing analyzed · 1 company · Latest 2024-08-28

Companies

Company Buys Sells Direction
RADIAN GROUP INC RDN 0 1 Net selling

Activity

August 2024
2024-08-28 RADIAN GROUP INC RDN
medium
Sell
53,791 shares
$1,918,929
Significance 4/10

RDN: Ray Eric (Sr. EVP, Chief Digital Officer) sold 53.8K shares at $35.67, liquidating entire position (100.0%)

Ray Eric sold his entire holding of 53,791 shares for $1,918,929.38, leaving zero shares post-transaction. This complete exit represents a 100.0% reduction of his RDN position. Relative to current price of $35.80, the sale occurred just 13 basis points below today's market level, positioning the timing question in historical context rather than near-term deterioration. His prior two RDN sales (2024-05-23 and 2023-05-19) showed a 0.00% well-timed rate at the 90-day mark, indicating the stock subsequently rose following both prior exits; this transaction extends that pattern rather than signaling a predictive edge on downside moves. The company trades at a P/E of 8.93 with solid fundamentals (revenue $321.1M, net income $151.9M in latest quarter, +4.2% annual growth), and the stock remains within 3.7% of its 52-week high of $37.16.

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