RDN RADIAN GROUP INC

BULLISH Impact: 5/10 Insider Cluster (4 insiders)
Horizon weeks Filed Jun 2, 2026 Processed 9d 12h ago
Insider cluster: 4 insiders, $4.5M total
Latest settled — T+1d ⚠ clustered
RDN ▼ -0.21% at T+1d
LONG call ✗ call lost -0.21% · α vs SPY -0.61% · entry $33.67 → $33.60
Next anchor: T+5d due 4d ago
Currently $34.66 · +2.94% from $33.67 entry
Entry anchored
Jun 2, 03:59 PM ET
via Databento tick
T+1d
-0.21%
call -0.21% · α -0.61%
$33.60
settled 10d ago
T+5d
call — · α —
due 4d ago
T+20d
call — · α —
in 18d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

RDN insider cluster shows a strong buy signal from the incoming CEO, Michael Weinbach, who purchased $5.77M in open-market shares at ~$33.90-$34.04, while three directors sold small, routine amounts totaling ~$377K. The CEO's purchases represent ~0.13% of market cap and are a material vote of confidence from the company's new leader, outweighing the trivial director sales.

Key Financial Metrics

Direction
buying
Total Value
$5.4M
Insiders
4

Actionable Insight

The incoming CEO's $5.77M open-market purchase is a strong bullish signal, especially given the cluster context (amplifier verified). Monitor for any upcoming strategic announcements or earnings guidance that may have motivated the purchase. The small director sales are routine and do not offset the CEO's conviction.

Key Facts

  • Incoming CEO Michael Weinbach purchased 170,000 shares in open-market transactions totaling $5.77M at ~$33.90-$34.04 per share.
  • Weinbach also received 335,020 shares in non-cash grants/awards on June 1, 2026.
  • Three directors sold small amounts: Howard Culang ($130K), Noel Spiegel ($175K), and Margaret Leyden ($72K) — total $377K, all routine and immaterial.
  • Net insider buying of $5.4M (buys minus sells) represents ~0.12% of RDN's $4.5B market cap.
  • RDN has 73% analyst bullishness (8 Buy, 3 Hold) and recent insider activity shows $5.8M in buys vs $558K in sells over the past 30 days.

Financial Impact

CEO purchased $5.77M of stock at ~$33.90-$34.04; total cluster net buying ~$5.4M, or ~0.12% of market cap.

insider ownershipmarket confidence

Risk Factors

  • CEO purchases are a one-time event and may not repeat; future insider selling could reverse the signal.
  • The company's business (surety insurance) is cyclical and sensitive to housing market conditions.
  • Historical calibration shows score-6 filings on RDN have only a 31% probability of positive T+20 returns, suggesting caution on over-weighting this signal.

Market Snapshot

Exchange
NYSE
Sector
Surety Insurance
Analyst Consensus
73% bullish (11 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-RDN-1780520380414
10 reports for RDN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for RDN — sortable, filterable
Type Now
Jun 5, 2026
7d ago
Insider Cluster
BULLISH ★ 5/10
$33.78 awaiting T+1awaiting T+1$34.66 (+2.61%)
Jun 2, 2026
10d ago
Insider Cluster
BULLISH ★ 5/10
$33.67 $33.60▼ −0.21%▼ −0.61%$34.66 (+2.94%)
Jun 2, 2026
10d ago
Insider Cluster
BULLISH ★ 5/10
$33.67 $33.60▼ −0.21%▼ −0.61%$34.66 (+2.94%)
Jun 1, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$33.79 $33.67▼ −0.36%▲ +0.34%$34.66 (+2.57%)
May 29, 2026
15d ago
Insider Cluster
NEUTRAL ★ 2/10
$33.89 $33.54▼ −1.05%▼ −1.31%$34.66 (+2.27%)
May 26, 2026
17d ago
Insider Cluster
NEUTRAL ★ 3/10
$35.04 $34.40▼ −1.84%▼ −2.39%$34.66 (−1.09%)
May 21, 2026
22d ago
8-K
NEUTRAL ★ 3/10
$36.06 $35.45▼ −1.68%▼ −2.26%$34.66 (−3.87%)
May 7, 2026
5w ago
8-K
MIXED ★ 6/10
$37.62 $38.06▲ +1.17%▲ +0.34%$34.66 (−7.87%)
Apr 21, 2026
7w ago
8-K
NEUTRAL ★ 3/10
$35.58 $35.97▲ +1.10%▲ +1.49%$34.66 (−2.59%)
Apr 10, 2026
9w ago
144
NEUTRAL ★ 3/10
$34.42 $34.67▲ +0.73%▼ −0.48%$34.66 (+0.70%)
Showing 10 of 10

US Market Status

Market Closed — Opens Mon (52h 25m)

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