Insider Trading April 3, 2026

MGIC Investment CEO Disposes $3.6M in MTG Stock; Quarterly EPS Meets Estimates While Revenue Lags

Timothy Mattke sold shares under a 10b5-1 plan as MGIC reported EPS in line with projections but missed revenue expectations

By Ajmal Hussain MTG
MGIC Investment CEO Disposes $3.6M in MTG Stock; Quarterly EPS Meets Estimates While Revenue Lags
MTG

MGIC Investment CEO Timothy J. Mattke sold 139,202 shares on April 2, 2026, generating roughly $3.6 million in proceeds under a pre-arranged Rule 10b5-1 plan. The company reported fourth-quarter 2025 earnings with EPS matching analyst forecasts at $0.75 but revenue of $298.65 million, falling $9.54 million short of expectations. Despite the sale, management has been repurchasing stock, and InvestingPro analysis indicates the shares remain undervalued relative to their Fair Value.

Key Points

  • MGIC CEO Timothy J. Mattke sold 139,202 shares on April 2, 2026, for about $3.6 million under a Rule 10b5-1 trading plan adopted May 6, 2025.
  • MGIC reported fourth-quarter 2025 EPS of $0.75, matching analyst expectations, while revenue of $298.65 million missed forecasts by $9.54 million.
  • InvestingPro analysis flags the stock as undervalued relative to Fair Value and notes active share buybacks by management; the company trades at a P/E of 8.41 and a current price of $26.52.

MGIC Investment (NYSE:MTG) Chief Executive Officer Timothy J. Mattke executed a sale of 139,202 common shares on April 2, 2026, resulting in proceeds of approximately $3.6 million. The transaction was completed at prices ranging from $26.100 to $26.685 per share and was carried out under a pre-arranged Rule 10b5-1 trading plan that the company adopted on May 6, 2025.

Following that disposition, Mattke continues to hold a substantial stake in the company, with direct ownership amounting to 1,118,005.401 shares of MGIC Investment. The stock is currently trading at $26.52 and has recorded an 11% gain over the last 12 months. Separate analysis from InvestingPro indicates the shares are trading below their calculated Fair Value, suggesting the company may be undervalued by that metric.

MGIC, with an indicated market size in the report of $5.7 billion, shows a relatively low price-to-earnings multiple of 8.41. InvestingPro Tips referenced in the report note that company management has been active in repurchasing shares, a move characterized as signaling confidence in MGICs outlook. The CEOs sale, however, was part of the previously established trading arrangement and not an ad hoc disposal.

In its fourth-quarter 2025 financial disclosure, MGIC Investment Corp delivered earnings per share of $0.75, which aligned with analyst expectations. Revenue for the quarter was reported at $298.65 million, missing forecasts by $9.54 million. The revenue shortfall has drawn attention from investors and analysts, who highlighted the gap between projected and actual top-line performance.

The earnings release and insider activity now form part of MGIC Investments recent financial narrative. While EPS met consensus estimates, the revenue miss represents a concrete deviation from forecasts and has been singled out as a cause for investor concern. At the same time, management-led share buybacks and the InvestingPro assessment of intrinsic value are noted factors in evaluating the companys overall position.


Context for investors

  • CEO sale executed under a Rule 10b5-1 plan adopted May 6, 2025, involving 139,202 shares sold on April 2, 2026.
  • Post-sale, the CEO directly holds 1,118,005.401 shares.
  • Q4 2025 EPS: $0.75, in line with expectations; Q4 2025 revenue: $298.65 million, $9.54 million below forecasts.

These items collectively influence investor assessment of MGICs near-term performance and valuation metrics. The companys low P/E ratio and ongoing buybacks are counterbalanced by the recent revenue shortfall, creating a mixed picture that market participants are parsing.

Risks

  • Revenue came in $9.54 million below expectations for Q4 2025, a shortfall that has raised investor concerns - this affects the financials and investor sentiment in the mortgage insurance and broader financial sectors.
  • Insider selling, even when executed under a 10b5-1 plan, can attract market attention and prompt scrutiny of managements timing of disposals - this may influence equity market perception within financial services.
  • Despite management buybacks and InvestingPros undervaluation assessment, the companys low P/E and recent revenue miss introduce uncertainty about near-term performance in the mortgage insurance sector.

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