Nathaniel Colson Sells 20,000 Shares of MGIC Investment Corporation
MGIC's CFO Nathaniel Colson sold shares in a planned transaction on June 25, 2026.
Key Points
- On June 25, 2026, Nathaniel Colson, CFO of MGIC Investment Corporation, sold 20,000 shares at $27.1 each, totaling $542,000.
- Shares of NYSE:MTG were trading at $27.84 on Sunday, with a market cap of $5.89 billion and a P/E ratio of 8.84.
- Other insiders also sold shares recently, while analysts maintain a 'hold' rating with a mean price target of $28.67.
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Nathaniel Colson, the Executive Vice President, Chief Financial Officer, and Chief Risk Officer of MGIC Investment Corporation (NYSE:MTG), sold 20,000 shares of the company on June 25, 2026. The shares were sold at an average price of $27.1, amounting to a total transaction value of $542,000. This sale was part of a planned transaction.
Insider Buying and Selling at MGIC Investment Corporation
In addition to Nathaniel Colson, several other insiders have been active in selling shares of MGIC Investment Corporation. Salvatore Miosi, the President and COO, sold 30,000 shares on June 8, 2026, at a price of $25.38. Paula Maggio, EVP and General Counsel, sold 20,937 shares on May 29, 2026, at $25.55. These transactions were also planned.
Other Institutional Activity in MGIC Investment Corporation
Several institutional investors have adjusted their positions in MGIC Investment Corporation. BlackRock, Inc. increased its holdings by 99,007 shares, now holding 23,142,361 shares valued at approximately $607.49 million, a 0.4% increase. Vanguard Portfolio Management LLC opened a new position with 17,953,957 shares valued at $471.29 million. Dimensional Fund Advisors LP reduced its stake by 183,576 shares, holding 13,654,046 shares worth $358.42 million, a 1.3% decrease. JPMorgan Chase & Co trimmed its holdings by 29,718 shares, resulting in 11,191,852 shares valued at $291.99 million, a 0.3% decrease.
MGIC Investment Corporation Stock Down 10.2%
Shares of MGIC Investment Corporation were trading at $27.84 on Sunday. The company has a market capitalization of $5.89 billion and a P/E ratio of 8.84. MGIC's stock has seen a 52-week low of $24.69 and a high of $29.97. The 50-day moving average is $26.50, and the 200-day moving average is $27.25. The company's beta is 0.683, indicating lower volatility compared to the market.
$MTG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
MGIC Investment Corporation reported revenue of $1.20 billion, with a slight decrease in revenue growth of 3%. The company achieved a net margin of 59.63% and a return on equity of 14.11%. The next earnings report is expected on July 29, 2026.
Dividend
MGIC Investment Corporation pays an annual dividend of $0.60, yielding 2.16%. The company's dividend payout ratio is 18.41%.
Analysts Set New Price Targets
RBC Capital initiated coverage on MGIC Investment Corporation with a 'hold' rating and a price target of $28.00 on May 22, 2026. Keefe, Bruyette & Woods maintained their 'hold' rating with a $29.00 price target on April 10, 2026. The consensus among analysts is a 'hold' rating, with a mean price target of $28.67 based on six analyst opinions.
About MGIC Investment Corporation
MGIC Investment Corporation, headquartered in Milwaukee, Wisconsin, operates in the financial services sector, specifically in insurance. The company provides private mortgage insurance and other mortgage credit risk management solutions across the United States, including the District of Columbia, Puerto Rico, and Guam. Led by CEO Timothy James Mattke, MGIC serves various lenders, including savings institutions, commercial banks, and mortgage brokers. Founded in 1957, MGIC employs approximately 542 people.
Bottom Line
Nathaniel Colson's sale of MGIC shares is part of a planned transaction, which investors often monitor for insights into company leadership's confidence. MGIC's stock remains stable with a solid market position and a consistent dividend. While insider transactions are noteworthy, they are just one piece of the larger investment puzzle. As always, remember that 13F filings and insider transactions reflect past actions and may not indicate future performance.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
