RDNNYSESurety InsuranceFiscal year ends December 31
RADIAN GROUP INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$34.12+0.08 (+0.24%)
Close on Oct 19, 2026
- Market cap
- $4.65B
- P/E (TTM)
- 8.8
- Dividend yield
- 2.99%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
93.7%
124M of 132M shares
Institutional holders
391
64 new, 48 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
2 buys · 15 sales
Net bought $757.97K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 9,457,203 | 6.93% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 7,105,283 | 5.21% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 20,974,388 | 14.10% | 13G (passive) amendment | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RDN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 19,327,643 | 14.61% | $728.07M | +382,285 | 0.01% |
| Vanguard Portfolio Management LLC | 9,241,527 | 6.99% | $348.13M | −106,203 | 0.02% |
| Lsv Asset Management | 6,392,333 | 4.83% | $240.80K | +242,266 | 0.44% |
| Dimensional Fund Advisors LP | 6,070,437 | 4.59% | $228.68M | +122,102 | 0.04% |
| Vanguard Capital Management LLC | 5,991,073 | 4.53% | $225.68M | −80,856 | 0.00% |
| State Street Corp | 5,975,802 | 4.52% | $225.11M | +223,603 | 0.01% |
| American Century Companies Inc | 5,120,625 | 3.87% | $192.89M | +536,112 | 0.09% |
| Donald Smith & Co., Inc. | 4,329,811 | 3.27% | $163.10M | −275,964 | 2.87% |
| Geode Capital Management, LLC | 3,582,467 | 2.71% | $134.97M | +166,625 | 0.01% |
| Caisse De Depot Et Placement Du Quebec | 2,371,483 | 1.79% | $89.33M | +1,026,888 | 0.13% |
| Norges Bank | 2,234,835 | 1.69% | $84.19M | New | 0.01% |
| Citadel Advisors LLC | 2,064,633 | 1.56% | $77.77M | −36,413 | 0.01% |
| Fuller & Thaler Asset Management, Inc. | 2,001,659 | 1.51% | $75.40M | −77,318 | 0.21% |
| Charles Schwab Investment Management Inc | 1,915,817 | 1.45% | $72.17M | −36,862 | 0.01% |
| Morgan Stanley | 1,903,708 | 1.44% | $71.71M | +383,215 | 0.00% |
| JPMorgan Chase & Co | 1,731,691 | 1.31% | $65.71M | +536,188 | 0.00% |
| Northern Trust Corp | 1,707,998 | 1.29% | $64.34M | +66,683 | 0.01% |
| Polar Capital Holdings Plc | 1,660,000 | 1.25% | $62.53M | +160,000 | 0.15% |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 1,654,533 | 1.25% | $62.33M | −7,633 | 0.06% |
| Bruni J V & Co /Co | 1,575,667 | 1.19% | $59.36M | −13,637 | 5.42% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 391 | 124M | 93.7% | 64 / 155 | 115 / 48 | 12M | 11M |
| Q1 2026 | 381 | 122M | 92.5% | 67 / 150 | 117 / 53 | 30M | 19M |
| Q4 2025 | 375 | 128M | 96.8% | 49 / 136 | 124 / 40 | 13M | 10M |
| Q3 2025 | 378 | 125M | 94.7% | 59 / 127 | 128 / 29 | 10M | 13M |
| Q2 2025 | 350 | 128M | 97.1% | 44 / 97 | 151 / 32 | 8M | 14M |
| Q1 2025 | 340 | 135M | 100.0% | 53 / 104 | 132 / 34 | 13M | 18M |
| Q4 2024 | 327 | 141M | 100.0% | 43 / 112 | 120 / 37 | 13M | 20M |
| Q3 2024 | 324 | 148M | 100.0% | 32 / 97 | 142 / 26 | 20M | 8M |
| Q2 2024 | 319 | 151M | 100.0% | 42 / 104 | 122 / 36 | 6M | 13M |
| Q1 2024 | 316 | 157M | 100.0% | 35 / 105 | 121 / 47 | 14M | 13M |
| Q4 2023 | 329 | 157M | 100.0% | 58 / 101 | 125 / 23 | 22M | 11M |
| Q3 2023 | 297 | 148M | 100.0% | 44 / 89 | 118 / 33 | 7M | 13M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of RDN | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 6,618,430 | 5.00% | $249.32M | 0.22% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 4,258,841 | 3.22% | $145.44M | 0.54% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 4,223,208 | 3.19% | $159.09M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,511,375 | 2.65% | $132.27M | 0.16% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 3,051,193 | 2.31% | $114.94M | 0.06% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,931,832 | 1.46% | $72.77M | 0.11% | Jun 30, 2026 |
| Undiscovered Managers Behavioral Value Fund | 1,606,758 | 1.21% | $60.53M | 0.67% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,523,048 | 1.15% | $57.37M | 0.06% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,496,379 | 1.13% | $58.34M | 0.17% | Jul 31, 2026 |
| U.S. Small Cap Value Portfolio | 1,337,273 | 1.01% | $52.14M | 0.27% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 1,293,930 | 0.98% | $48.74M | 0.34% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 1,217,327 | 0.92% | $45.86M | 0.27% | Jun 30, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 949,916 | 0.72% | $35.78M | 0.31% | Jun 30, 2026 |
| Vanguard Selected Value Fund | 814,430 | 0.62% | $31.75M | 0.46% | Jul 31, 2026 |
| Aegis Value Fund | 796,790 | 0.60% | $30.02M | 2.66% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Richard G. Thornberry | Chief Executive Officer, Director | 1,242,934 | 0.94% | May 26, 2026 |
| Meghan Bartholomew | Sr EVP Co-Head Radian Guaranty | 39,203 | 0.03% | Sep 15, 2026 |
| Edward J. Hoffman | Sr EVP, General Counsel | 126,543 | 0.10% | Jul 16, 2026 |
| Michael S. Weinbach | Chief Executive Officer- Elect | 170,000 | 0.13% | Jun 3, 2026 |
| Robert Quigley | Sr. EVP, CAO | 88,359 | 0.07% | May 26, 2026 |
| Mary Dickerson | Sr. EVP, CPO & COO | 37,180 | 0.03% | May 26, 2026 |
| Daniel Kobell | Sr. EVP, Interim CFO | 13,272 | 0.01% | May 26, 2026 |
| Stephen Keleher | Sr. EVP, Co-Head of MI | 41,400 | 0.03% | May 26, 2026 |
| Richard Colin Watson | CEO, Inigo Limited | 193,805 | 0.15% | May 26, 2026 |
| Eric Ray | Sr. EVP, Chief Digital Officer | 56,585 | 0.04% | May 26, 2026 |
| Sumita Pandit | President & CFO | 32,639 | 0.02% | May 23, 2025 |
| Derek Brummer | President, Mortgage Insurance | 166,643 | 0.13% | Dec 6, 2024 |
| Howard Bernard Culang | Director | 8,050 | 0.01% | Sep 10, 2026 |
| Barry C. McCarthy | Director | – | – | Aug 13, 2026 |
| Brad L. Conner | Director | 37,649 | 0.03% | Jun 5, 2026 |
| Margaret Anne Leyden | Director | 6,864 | 0.01% | Jun 1, 2026 |
| Seraina Macia | Director | 1,237 | 0.00% | May 26, 2026 |
| Lisa Mumford | Director | 27,162 | 0.02% | May 26, 2026 |
| Fawad Ahmad | Director | 15,815 | 0.01% | May 26, 2026 |
| Brian D. Montgomery | Director | 14,922 | 0.01% | May 26, 2026 |
| Noel Joseph Spiegel | Director | 30,012 | 0.02% | May 26, 2026 |
| Debra Ann Hess | Director | 20,777 | 0.02% | May 26, 2026 |
| Jed Rhoads | Director | 6,147 | 0.00% | May 26, 2026 |
| Gregory Serio | Director | 10,279 | 0.01% | May 19, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Meghan Bartholomew Sr EVP Co-Head Radian Guaranty | Sep 14, 2026 | Sale(10b5-1 plan) | −7,812 | $35.94 | $280.76K | 39,203 |
| Edward J. Hoffman Sr EVP, General Counsel | Jul 14, 2026 | Sale(10b5-1 plan) | −20,000 | $39.00 | $780.00K | 126,543 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | Jun 3, 2026 | Sale | −0.94 | $34.68 | $33 | 47,015 |
| Brad L. Conner Director | Jun 3, 2026 | Sale | −1,200 | $33.93 | $40.72K | 37,649 |
| Michael S. Weinbach Chief Executive Officer- Elect | Jun 2, 2026 | Buy | +49,513 | $34.04 | $1.69M | 170,000 |
| Michael S. Weinbach Chief Executive Officer- Elect | Jun 1, 2026 | Buy | +120,487 | $33.89 | $4.08M | 120,487 |
| Margaret Anne Leyden Director | May 29, 2026 | Sale | −2,070 | $34.59 | $71.60K | 6,864 |
| Howard Bernard Culang Director | May 27, 2026 | Sale | −3,612 | $36.00 | $130.03K | 8,050 |
| Howard Bernard Culang Director | May 26, 2026 | Sale | −5,000 | $36.20 | $181.00K | 11,662 |
| Noel Joseph Spiegel Director | May 26, 2026 | Sale | −4,834 | $36.19 | $174.94K | 20,008 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +920 | – | – | 47,967 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +6,525 | – | – | 47,047 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +747 | – | – | 48,714 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +706 | – | – | 49,420 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Tax withholding | −2,532 | $36.93 | $93.51K | 46,888 |
| Robert Quigley Sr. EVP, CAO | May 15, 2026 | Option exercise | +468 | – | – | 83,275 |
| Robert Quigley Sr. EVP, CAO | May 15, 2026 | Option exercise | +13,805 | – | – | 78,433 |
| Robert Quigley Sr. EVP, CAO | May 15, 2026 | Option exercise | +1,574 | – | – | 80,007 |
| Robert Quigley Sr. EVP, CAO | May 15, 2026 | Tax withholding | −8,052 | $36.93 | $297.36K | 75,223 |
| Robert Quigley Sr. EVP, CAO | May 15, 2026 | Option exercise | +1,413 | – | – | 82,807 |
| Robert Quigley Sr. EVP, CAO | May 15, 2026 | Option exercise | +1,387 | – | – | 81,394 |
| Seraina Macia Director | May 15, 2026 | Option exercise | +1,237 | – | – | 1,237 |
| Noel Joseph Spiegel Director | May 15, 2026 | Option exercise | +4,837 | – | – | 24,845 |
| Noel Joseph Spiegel Director | May 15, 2026 | Tax withholding | −3 | $36.93 | $111 | 24,842 |
| Brad L. Conner Director | May 15, 2026 | Option exercise | +4,837 | – | – | 38,852 |
| Brad L. Conner Director | May 15, 2026 | Tax withholding | −3 | $36.93 | $111 | 38,849 |
| Fawad Ahmad Director | May 15, 2026 | Tax withholding | −5 | $36.93 | $185 | 15,815 |
| Fawad Ahmad Director | May 15, 2026 | Option exercise | +4,837 | – | – | 15,820 |
| Edward J. Hoffman Sr EVP, General Counsel | May 15, 2026 | Tax withholding | −34,568 | $36.93 | $1.28M | 146,543 |
| Edward J. Hoffman Sr EVP, General Counsel | May 15, 2026 | Option exercise | +1,838 | – | – | 181,111 |
| Edward J. Hoffman Sr EVP, General Counsel | May 15, 2026 | Option exercise | +63,251 | – | – | 161,999 |
| Edward J. Hoffman Sr EVP, General Counsel | May 15, 2026 | Option exercise | +5,443 | – | – | 179,273 |
| Edward J. Hoffman Sr EVP, General Counsel | May 15, 2026 | Option exercise | +5,537 | – | – | 173,830 |
| Edward J. Hoffman Sr EVP, General Counsel | May 15, 2026 | Option exercise | +6,294 | – | – | 168,293 |
| Daniel Kobell Sr. EVP, Interim CFO | May 15, 2026 | Tax withholding | −5,599 | $36.93 | $206.77K | 13,272 |
| Daniel Kobell Sr. EVP, Interim CFO | May 15, 2026 | Option exercise | +1,413 | – | – | 18,871 |
| Daniel Kobell Sr. EVP, Interim CFO | May 15, 2026 | Option exercise | +1,387 | – | – | 17,458 |
| Daniel Kobell Sr. EVP, Interim CFO | May 15, 2026 | Option exercise | +1,574 | – | – | 16,071 |
| Daniel Kobell Sr. EVP, Interim CFO | May 15, 2026 | Option exercise | +11,186 | – | – | 14,497 |
| Margaret Anne Leyden Director | May 15, 2026 | Option exercise | +4,837 | – | – | 8,938 |
| Margaret Anne Leyden Director | May 15, 2026 | Tax withholding | −4 | $36.93 | $148 | 8,934 |
| Jed Rhoads Director | May 15, 2026 | Tax withholding | −5 | $36.93 | $185 | 6,147 |
| Jed Rhoads Director | May 15, 2026 | Option exercise | +4,837 | – | – | 6,152 |
| Lisa Mumford Director | May 15, 2026 | Tax withholding | −4 | $36.93 | $148 | 27,162 |
| Lisa Mumford Director | May 15, 2026 | Option exercise | +4,837 | – | – | 27,166 |
| Debra Ann Hess Director | May 15, 2026 | Tax withholding | −4 | $36.93 | $148 | 20,777 |
| Debra Ann Hess Director | May 15, 2026 | Option exercise | +4,837 | – | – | 20,781 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +6,525 | – | – | 22,482 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +920 | – | – | 23,402 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +706 | – | – | 24,855 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Tax withholding | −2,532 | $36.93 | $93.51K | 22,323 |
| Meghan Bartholomew Sr. EVP, Co-Head of MI | May 15, 2026 | Option exercise | +747 | – | – | 24,149 |
| Eric Ray Sr. EVP, Chief Digital Officer | May 15, 2026 | Option exercise | +4,720 | – | – | 56,585 |
| Eric Ray Sr. EVP, Chief Digital Officer | May 15, 2026 | Option exercise | +51,865 | – | – | 51,865 |
| Eric Ray Sr. EVP, Chief Digital Officer | May 15, 2026 | Option exercise | +3,833 | – | – | 60,418 |
| Eric Ray Sr. EVP, Chief Digital Officer | May 15, 2026 | Option exercise | +1,310 | – | – | 65,358 |
| Eric Ray Sr. EVP, Chief Digital Officer | May 15, 2026 | Tax withholding | −25,297 | $36.93 | $934.22K | 40,061 |
| Eric Ray Sr. EVP, Chief Digital Officer | May 15, 2026 | Option exercise | +3,630 | – | – | 64,048 |
| Gregory Serio Director | May 15, 2026 | Option exercise | +4,837 | – | – | 10,279 |
| Gregory Serio Director | May 15, 2026 | Tax withholding | −5 | $36.93 | $185 | 10,274 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Meghan Bartholomew Officer | Sep 14, 2026 | 7,812 | $280.76K | Sep 14, 2026 | Stock Option Exercise |
| Richard G. Thornberry Officer | Sep 8, 2026 | 36,000 | $1.30M | Sep 8, 2026 | Restricted Stock Vesting |
| Edward J. Hoffman Officer | Jul 14, 2026 | 20,000 | $780.00K | Jul 14, 2026 | Restricted Stock Vesting |
| R. Ray Eric Officer | Jul 6, 2026 | 40,061 | $1.53M | Jul 6, 2026 | Acquired as compensation -- Restricted Stock Units |
| Gregory Serio Former Director | Jun 23, 2026 | 7,000 | $248.45K | Jun 23, 2026 | Restricted Stock Vesting |
| Gregory Serio Former Director | Jun 9, 2026 | 24,000 | $817.65K | Jun 9, 2026 | Restricted Stock Vesting |
| Brad L. Conner Director | Jun 3, 2026 | 1,200 | $40.71K | Jun 3, 2026 | Restricted Stock Vesting |
| Margaret Anne Leyden Director | May 29, 2026 | 2,070 | $71.60K | May 29, 2026 | Restricted Stock Vesting |
| Howard Bernard Culang Director | May 27, 2026 | 3,612 | $130.03K | May 27, 2026 | Restricted Stock Vesting |
| Howard Bernard Culang Director | May 26, 2026 | 5,000 | $181.00K | May 26, 2026 | Restricted Stock Vesting |
| Noel Joseph Spiegel Director | May 26, 2026 | 4,834 | $174.92K | May 26, 2026 | Restricted Stock Vesting |
| Edward J. Hoffman Officer | May 8, 2026 | 15,000 | $570.00K | May 8, 2026 | Restricted Stock Vesting |
| Edward J. Hoffman Officer | Apr 29, 2026 | 15,000 | $555.00K | Apr 29, 2026 | Restricted Stock Vesting |
| Edward J. Hoffman Officer | Apr 23, 2026 | 15,000 | $540.00K | Apr 23, 2026 | Restricted Stock Vesting |
| Edward J. Hoffman Officer | Apr 17, 2026 | 13,009 | $455.32K | Apr 17, 2026 | Restricted Stock Vesting |