MGIC Investment (NYSE:MTG) COO Salvatore Miosi Sells 30,000 Shares of Stock

Posted by Brenda Bartman on Sep 3rd, 2026

MGIC Investment Corporation (NYSE:MTG – Get Free Report) COO Salvatore Miosi sold 30,000 shares of MGIC Investment stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $30.73, for a total value of $921,900.00. Following the completion of the transaction, the chief operating officer owned 470,951 shares of the company’s stock, valued at approximately $14,472,324.23. The trade was a 5.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MGIC Investment Stock Up 1.1%

NYSE:MTG opened at $31.04 on Thursday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $29.76 and a 200-day moving average of $27.63. The firm has a market capitalization of $6.37 billion, a PE ratio of 9.70, a price-to-earnings-growth ratio of 0.78 and a beta of 0.65. MGIC Investment Corporation has a 52 week low of $24.69 and a 52 week high of $31.89.

MGIC Investment (NYSE:MTG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The insurance provider reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.11. MGIC Investment had a return on equity of 13.90% and a net margin of 59.20%.The business had revenue of $295.39 million for the quarter, compared to the consensus estimate of $297.54 million. During the same quarter last year, the business posted $0.82 EPS. The business’s revenue was down 2.9% on a year-over-year basis. Analysts predict that MGIC Investment Corporation will post 3.24 EPS for the current year.

MGIC Investment Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 5th were paid a $0.17 dividend. The ex-dividend date was Wednesday, August 5th. This is a positive change from MGIC Investment’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 2.2%. MGIC Investment’s dividend payout ratio (DPR) is 21.25%.

Hedge Funds Weigh In On MGIC Investment

Several large investors have recently made changes to their positions in the business. SBI Securities Co. Ltd. lifted its stake in MGIC Investment by 40.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,461 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 420 shares during the last quarter. Compound Planning Inc. lifted its position in shares of MGIC Investment by 4.3% during the 1st quarter. Compound Planning Inc. now owns 10,392 shares of the insurance provider’s stock valued at $273,000 after acquiring an additional 433 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of MGIC Investment by 1.1% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 44,972 shares of the insurance provider’s stock worth $1,181,000 after acquiring an additional 481 shares during the last quarter. Lido Advisors LLC raised its position in shares of MGIC Investment by 2.2% during the fourth quarter. Lido Advisors LLC now owns 23,799 shares of the insurance provider’s stock worth $689,000 after purchasing an additional 522 shares during the period. Finally, Victory Financial Group LLC raised its position in shares of MGIC Investment by 1.9% during the third quarter. Victory Financial Group LLC now owns 27,994 shares of the insurance provider’s stock worth $794,000 after purchasing an additional 535 shares during the period. Institutional investors own 95.58% of the company’s stock.

Analyst Upgrades and Downgrades

MTG has been the subject of several recent research reports. Weiss Ratings upgraded shares of MGIC Investment from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada increased their price objective on shares of MGIC Investment from $28.00 to $32.00 and gave the stock a “sector perform” rating in a report on Friday, July 31st. Roth Capital reiterated a “buy” rating and issued a $35.00 price objective on shares of MGIC Investment in a research report on Thursday, July 30th. Zacks Research raised shares of MGIC Investment from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. Finally, Keefe, Bruyette & Woods upped their target price on shares of MGIC Investment from $29.00 to $30.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.60.

View Our Latest Report on MGIC Investment

MGIC Investment Company Profile

(Get 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.