MGIC Investment Corp’s recently made public that its President & COO Miosi Salvatore A unloaded Company’s shares for reported $0.78 million on Jun 05 ’25. In the deal valued at $26.04 per share,30,000 shares were sold. As a result of this transaction, Miosi Salvatore A now holds 309,401 shares worth roughly $8.14 million.
Then, Miosi Salvatore A bought 30,000 shares, generating $783,000 in total proceeds.
Before that, Maggio Paula C sold 20,000 shares. MGIC Investment Corp shares valued at $529,728 were divested by the EVP and General Counsel at a price of $26.49 per share. As a result of the transaction, Maggio Paula C now holds 157,395 shares, worth roughly $4.14 million.
Compass Point downgraded its MGIC Investment Corp [MTG] rating to a Neutral from a a Buy in a research note published on February 05, 2025; the price target was increased to $27 from $24. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early December from “an Outperform” to “a Mkt perform”. BofA Securities also remained covering MTG and has decreased its forecast on December 09, 2024 with a “an Underperform” recommendation from previously “Buy” rating. Keefe Bruyette revised its rating on June 03, 2024. It rated MTG as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of MTG
On Friday, MGIC Investment Corp [NYSE:MTG] saw its stock jump 1.11% to $26.31. Over the last five days, the stock has lost -0.53%. MGIC Investment Corp shares have risen nearly 10.97% since the year began. Nevertheless, the stocks have risen 24.40% over the past one year. While a 52-week high of $26.92 was reached on 05/16/25, a 52-week low of $20.35 was recorded on 04/09/25. SMA at 50 days reached $25.26, while 200 days put it at $24.84.
Levels Of Support And Resistance For MTG Stock
The 24-hour chart illustrates a support level at 26.13, which if violated will result in even more drops to 25.96. On the upside, there is a resistance level at 26.44. A further resistance level may holdings at 26.58. The Relative Strength Index (RSI) on the 14-day chart is 54.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.78%. Stochastics %K at 30.16% indicates the stock is a holding.
