MGIC Investment Corp’s filing revealed that its Officer Miosi Salvatore A acquired Company’s shares for reported $0.83 million on Jul 01 ’25. In the deal valued at $27.71 per share,30,000 shares were bought.
Then, Miosi Salvatore A sold 30,000 shares, generating $781,110 in total proceeds. Upon selling the shares at $26.04, the President & COO now owns 309,401 shares.
Before that, Miosi Salvatore A bought 30,000 shares. MGIC Investment Corp shares valued at $783,000 were divested by the Officer at a price of $26.10 per share.
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 Tuesday, MGIC Investment Corp [NYSE:MTG] saw its stock jump 1.29% to $28.2. Over the last five days, the stock has gained 0.36%. MGIC Investment Corp shares have risen nearly 32.89% since the year began. Nevertheless, the stocks have risen 18.94% over the past one year. While a 52-week high of $28.28 was reached on 07/01/25, a 52-week low of $21.20 was recorded on 04/09/25.
Levels Of Support And Resistance For MTG Stock
The 24-hour chart illustrates a support level at 27.83, which if violated will result in even more drops to 27.45. On the upside, there is a resistance level at 28.46. A further resistance level may holdings at 28.72.
How much short interest is there in MGIC Investment Corp?
A steep rise in short interest was recorded in MGIC Investment Corp stocks on 2025-06-13, dropping by -2.82 million shares to a total of 6.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 9.0 million shares. There was a decline of -45.56%, which implies that there is a negative sentiment for the stock.
