79,114 Shares in MGIC Investment Corporation $MTG Purchased by Redwood Investment Management LLC

Posted by Geri Gentry on Aug 27th, 2026

Redwood Investment Management LLC bought a new stake in shares of MGIC Investment Corporation (NYSE:MTG – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 79,114 shares of the insurance provider’s stock, valued at approximately $2,231,000.

A number of other large investors also recently added to or reduced their stakes in the business. Jefferies Financial Group Inc. raised its position in shares of MGIC Investment by 245.3% during the fourth quarter. Jefferies Financial Group Inc. now owns 364,650 shares of the insurance provider’s stock valued at $10,655,000 after buying an additional 259,039 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of MGIC Investment by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 5,371,470 shares of the insurance provider’s stock worth $163,368,000 after acquiring an additional 146,589 shares during the last quarter. Arbejdsmarkedets Tillaegspension purchased a new position in MGIC Investment during the fourth quarter valued at $24,456,000. Norges Bank purchased a new position in MGIC Investment during the fourth quarter valued at $96,248,000. Finally, Hsbc Holdings PLC grew its stake in MGIC Investment by 24.5% during the fourth quarter. Hsbc Holdings PLC now owns 207,412 shares of the insurance provider’s stock valued at $6,089,000 after acquiring an additional 40,751 shares in the last quarter. 95.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Paula C. Maggio sold 20,937 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $25.55, for a total transaction of $534,940.35. Following the transaction, the executive vice president owned 169,620 shares of the company’s stock, valued at approximately $4,333,791. The trade was a 10.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 30,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $25.38, for a total value of $761,400.00. Following the transaction, the chief operating officer directly owned 560,951 shares in the company, valued at approximately $14,236,936.38. This represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 70,937 shares of company stock valued at $1,902,340. Company insiders own 1.34% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on MTG shares. Royal Bank Of Canada boosted their price target on shares of MGIC Investment from $28.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Friday, July 31st. Keefe, Bruyette & Woods lifted their target price on MGIC Investment from $29.00 to $30.00 and gave the stock a “market perform” rating in a report on Friday, July 31st. Zacks Research upgraded MGIC Investment from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Weiss Ratings raised MGIC Investment from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, August 19th. Finally, Barclays cut their price target on MGIC Investment from $29.00 to $28.00 and set an “equal weight” rating for the company in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $30.60.

Read Our Latest Stock Analysis on MTG

MGIC Investment Stock Up 0.1%

Shares of NYSE MTG opened at $31.27 on Thursday. The firm’s 50-day moving average price is $29.31 and its 200-day moving average price is $27.50. 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 market capitalization of $6.41 billion, a price-to-earnings ratio of 9.77, a P/E/G ratio of 0.79 and a beta of 0.66. MGIC Investment Corporation has a 12-month low of $24.69 and a 12-month high of $31.89.

MGIC Investment (NYSE:MTG – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The insurance provider reported $0.87 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 company had revenue of $295.39 million during the quarter, compared to analyst estimates of $297.54 million. During the same quarter last year, the business posted $0.82 earnings per share. The firm’s revenue was down 2.9% on a year-over-year basis. On average, equities research analysts anticipate that MGIC Investment Corporation will post 3.24 EPS for the current fiscal year.

MGIC Investment Increases Dividend

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

MGIC Investment Company 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.