Radian Group Inc. Executive Sells Shares: Is the Stock Overvalued?

Edward Hoffman, Senior Executive Vice President and General Counsel of Radian Group Inc. (RDN), recently sold 40,000 shares of the company. This transaction, filed on August 23, 2024, leaves Hoffman with 158,969 shares of the mortgage and real estate services provider. Radian Group Inc. offers mortgage insurance, risk management products, and related services to lenders and other entities. The recent sale is part of a trend, with nine insider sells and no insider buys over the past year. Radian Group Inc.’s stock was trading at $35.53 on the day of the transaction, with a market capitalization of approximately $5.40 billion. However, its GF Value, based on historical trading multiples, future business performance estimates, and a GuruFocus adjustment factor, is $25.57, indicating a significantly overvalued position with a price-to-GF-Value ratio of 1.39.