Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MGIC Investment Corp shares valued at $781,110 were sold by Miosi Salvatore A on Jun 05 ’25. At $26.04 per share, Miosi Salvatore A sold 30,000 shares. The insider’s holdings dropped to 309,401 shares worth approximately $8.32 million following the completion of this transaction.
Also, Miosi Salvatore A purchased 30,000 shares, netting a total of over 783,000 in proceeds.
Before that, Maggio Paula C had sold 20,000 shares from its account. In a trade valued at $529,728, the EVP and General Counsel traded MGIC Investment Corp shares for $26.49 each. Upon closing the transaction, the insider’s holdings decreased to 20,000 shares, worth approximately $4.23 million.
As published in a research note from Compass Point on February 05, 2025, MGIC Investment Corp [MTG] has been rated down from a Buy to a Neutral and the price target has been revised to $27 from $24. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early December. As of December 09, 2024, BofA Securities has decreased its “Buy” rating to a “an Underperform” for MTG. Earlier on June 03, 2024, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for MTG stock which previously was a “a Mkt perform”.
Analyzing MTG Stock Performance
On last trading session,, MGIC Investment Corp [NYSE: MTG] rose 1.36% to $26.90. The stock’s lowest price that day was $26.21, but it reached a high of $26.915 in the same session. During the last five days, there has been a surge of approximately 3.38%. Over the course of the year, MGIC Investment Corp shares have jumped approximately 13.45%.
Support And Resistance Levels for MGIC Investment Corp (MTG)
RSI (Relative Strength Index) is 61.58 on the 14-day chart, showing neutral technical sentiment.
Is MGIC Investment Corp subject to short interest?
Stocks of MGIC Investment Corp saw a sharp rise in short interest on 2025-05-30 jumping by 0.31 million shares to 9.41 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 9.09 million shares. A jump of 3.34% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.75 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.75.
Which companies own the most shares of MGIC Investment Corp (MTG)?
In terms of MGIC Investment Corp share price expectations, FactSet research, analysts set an average price target of 21 in the next 12 months, down nearly -20.87% from the previous closing price of $26.54. Analysts anticipate MGIC Investment Corp stock to reach 25 by 2025, with the lowest price target being 16. In spite of this, 6 analysts ranked MGIC Investment Corp stock as Buy at the end of 2025. On April 04, 2024, Keefe Bruyette assigned a price target of “a Mkt perform” to the stock and downgraded coverage with a $24.
