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Richard Thornberry, the Chief Executive Officer of Radian Group Inc . (NYSE:RDN), recently executed a sale of 20,000 shares of the company’s common stock. This transaction, completed on March 25, 2025, was conducted at an average price of $32.7507 per share, resulting in a total value of $655,014. The stock currently trades at $33.45, with a market capitalization of $4.85 billion. According to InvestingPro analysis, the company maintains strong financial health with a "GOOD" overall rating.
This sale was part of a pre-arranged trading plan established under Rule 10b5-1 in August 2024, allowing executives to sell stock at predetermined times to avoid potential conflicts of interest. Following the sale, Thornberry retains ownership of 829,452 shares in Radian Group. The company trades at a P/E ratio of 8.43 and offers a 3.08% dividend yield. InvestingPro subscribers can access 7 additional key insights about RDN’s financial performance and outlook.
Investors often monitor insider transactions like these for insights into executive sentiment regarding the company’s future prospects. Radian Group, headquartered in Wayne, Pennsylvania, operates in the surety insurance sector. The company has maintained dividend payments for 33 consecutive years and maintains strong liquidity with a current ratio of 3.03.
In other recent news, Radian Group Inc. announced an increase in its quarterly dividend, marking the sixth consecutive year of dividend growth. The new dividend is set at $0.255 per share, a 4.1% increase from the previous rate, and reflects the company’s ongoing strategy to enhance shareholder value. CEO Rick Thornberry attributed this increase to Radian’s strong financial health and strategic agility. In a related development, Keefe, Bruyette & Woods analyst Bose George maintained an Outperform rating on Radian Group, highlighting the stock as a top pick due to its strong return on equity and potential for capital return through buybacks. George noted that Radian Group, along with Essent Group (NYSE:ESNT), is trading just above its book value, making it an attractive investment in the mortgage insurance sector. The analyst emphasized the resilience of Radian’s earnings in a market environment characterized by higher interest rates and lower loan origination rates. This resilience is attributed to the growth in insurance in force, which is a key driver of earnings for mortgage insurers like Radian.
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