19,459 Shares in MGIC Investment Corporation $MTG Acquired by Spectrum Strategic Capital Management LLC

Posted by Francis Steltz on May 18th, 2026

Spectrum Strategic Capital Management LLC purchased a new position in MGIC Investment Corporation (NYSE:MTG – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 19,459 shares of the insurance provider’s stock, valued at approximately $569,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of MTG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in MGIC Investment in the 1st quarter worth approximately $2,397,000. Goldman Sachs Group Inc. increased its holdings in MGIC Investment by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,103,366 shares of the insurance provider’s stock worth $76,901,000 after buying an additional 195,895 shares during the period. Geneos Wealth Management Inc. increased its holdings in MGIC Investment by 88.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,745 shares of the insurance provider’s stock worth $43,000 after buying an additional 817 shares during the period. Sivia Capital Partners LLC acquired a new position in MGIC Investment in the 2nd quarter worth approximately $425,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in MGIC Investment by 18.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,211 shares of the insurance provider’s stock worth $145,000 after buying an additional 830 shares during the period. Institutional investors and hedge funds own 95.58% of the company’s stock.

Insider Buying and Selling

In related news, CEO Timothy J. Mattke sold 139,202 shares of MGIC Investment stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $26.49, for a total value of $3,687,460.98. Following the sale, the chief executive officer owned 1,118,005 shares of the company’s stock, valued at approximately $29,615,952.45. This trade represents a 11.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Salvatore A. Miosi sold 10,931 shares of MGIC Investment stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $26.25, for a total transaction of $286,938.75. Following the completion of the sale, the chief operating officer directly owned 590,951 shares in the company, valued at $15,512,463.75. This represents a 1.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.34% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods increased their price target on shares of MGIC Investment from $28.00 to $29.00 and gave the stock a “market perform” rating in a report on Friday, April 10th. Weiss Ratings downgraded shares of MGIC Investment from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, February 5th. Barclays cut their price target on shares of MGIC Investment from $29.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. Finally, UBS Group cut their price target on shares of MGIC Investment from $29.50 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, MGIC Investment currently has an average rating of “Hold” and a consensus price target of $28.25.

View Our Latest Research Report on MTG

MGIC Investment Price Performance

Shares of NYSE MTG opened at $25.88 on Monday. The stock has a market capitalization of $5.47 billion, a price-to-earnings ratio of 8.21, a PEG ratio of 1.58 and a beta of 0.71. MGIC Investment Corporation has a 12 month low of $24.77 and a 12 month high of $29.97. The firm’s 50 day simple moving average is $26.80 and its 200-day simple moving average is $27.43. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.14 and a quick ratio of 1.14.

MGIC Investment (NYSE:MTG – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.03. The business had revenue of $297.08 million for the quarter, compared to analysts’ expectations of $303.12 million. MGIC Investment had a net margin of 59.63% and a return on equity of 14.01%. The business’s revenue was down 3.0% on a year-over-year basis. During the same quarter last year, the company earned $0.75 EPS. Analysts expect that MGIC Investment Corporation will post 3.06 EPS for the current year.

MGIC Investment announced that its board has initiated a share repurchase plan on Thursday, April 23rd that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the insurance provider to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

MGIC Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Wednesday, May 6th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, May 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.3%. MGIC Investment’s dividend payout ratio (DPR) is presently 19.05%.

MGIC Investment Profile

(Free Report)

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.