Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Richard G. Thornberry, Chief Executive Officer of Radian Group Inc (NYSE:RDN), sold 20,000 shares of common stock on June 24, 2025, for $36.708 per share, totaling $734,160. The transaction occurred near the stock’s 52-week high of $37.86, with InvestingPro analysis indicating the company is currently trading slightly above its Fair Value.
Following the transaction, Thornberry directly owns 978,090 shares of Radian Group Inc. The sale was executed under a pre-arranged 10b5-1 trading plan established in August 2024. Despite this insider sale, InvestingPro data shows the company maintains strong financial health with a 2.79% dividend yield and a 33-year track record of consistent dividend payments. The company’s management has also been actively buying back shares, demonstrating confidence in the business. For deeper insights into RDN’s valuation and growth prospects, access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Radian Group Inc. reported its first-quarter 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $0.99 compared to the forecasted $0.96. However, the company’s revenue slightly missed projections, coming in at $318 million against the expected $319.24 million. In another development, Radian Group expanded its share repurchase program by $750 million, bringing the total repurchase capacity to approximately $863 million. The company has been actively buying back shares, with a significant repurchase of 74 million shares since 2020. Additionally, Radian Group amended its Master Repurchase Agreement with JPMorgan Chase (NYSE:JPM) Bank, increasing its borrowing capacity by $100 million to support loan acquisition activities. Shareholders also approved all proposals at the 2025 Annual Meeting, including the reelection of directors and the appointment of PricewaterhouseCoopers LLP as independent auditors. Lastly, Radian declared a regular quarterly dividend of $0.255 per share, payable on June 17, 2025.
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