SEC Form SC 13G/A filed by Radian Group Inc. (Amendment)

2/9/23 12:31:05 PM ET

Property-Casualty Insurers

Finance

Get the next $RDN alert in real time by email

SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.18 RADIAN GROUP INC COMMON STOCK Cusip #750236101 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #750236101 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 13,633,180 Item 6: 0 Item 7: 13,915,208 Item 8: 0 Item 9: 13,915,208 Item 11: 8.861% Item 12: HC Cusip #750236101 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 13,915,208 Item 8: 0 Item 9: 13,915,208 Item 11: 8.861% Item 12: IN Item 1(a). Name of Issuer: RADIAN GROUP INC Item 1(b). Address of Issuer's Principal Executive Offices: 550 EAST SWEDESFORD ROAD, SUITE 350 WAYNE, PA 19087 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 750236101 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 13,915,208 (b) Percent of Class: 8.861% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 13,915,208 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of RADIAN GROUP INC. No one other person's interest in the COMMON STOCK of RADIAN GROUP INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing orinfluencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 9, 2023 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC * IA Fidelity Management Trust Company BK Strategic Advisers LLC IA * Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on February 9, 2023, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of RADIAN GROUP INC at December 30, 2022. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January, 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $RDN alert in real time by email

Recent Analyst Ratings for

$RDN

Date	Price Target	Rating	Analyst
6/3/2024	$35.00 → $36.00	Mkt Perform → Outperform	Keefe Bruyette
4/4/2024	$36.00 → $35.00	Outperform → Mkt Perform	Keefe Bruyette
12/13/2023	$29.00	Mkt Perform → Outperform	Keefe Bruyette
12/6/2023	$28.00	Neutral	UBS
11/15/2023	$28.00	Equal Weight	Barclays
6/13/2023	$27.50	Outperform → Mkt Perform	Keefe Bruyette
5/9/2023		Buy → Underperform	BofA Securities
4/11/2023	$29.00	Neutral → Buy	Compass Point

More analyst ratings

SEC Form SC 13G/A filed by Radian Group Inc. (Amendment)

Chat with this insight

Recent Analyst Ratings for $RDN

$RDN Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Dickerson Mary bought $198,749 worth of shares (8,675 units at $22.91) (SEC Form 4) (Amendment)

$RDN Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Radian Group Inc.

Amendment: SEC Form SC 13G/A filed by Radian Group Inc.

SEC Form SC 13G filed by Radian Group Inc.

$RDN Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Radian Group upgraded by Keefe Bruyette with a new price target

Radian Group downgraded by Keefe Bruyette with a new price target

Radian Group upgraded by Keefe Bruyette with a new price target

$RDN Financials

Live finance-specific insights

Radian Announces Third Quarter 2024 Financial Results

Radian to Webcast Third Quarter Conference Call

Radian Declares Regular Quarterly Dividend

$RDN Market Insights

Live Market Insights

$RDN SEC Filings

$RDN Leadership Updates

Live Leadership Updates

This MongoDB Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday

Keefe, Bruyette & Woods Upgrades Radian Group to Outperform, Raises Price Target to $36

Radian Group Announces Increase In Share Repurchase Program From $300M To $900M And Extension To June 30, 2026

SEC Form 10-Q filed by Radian Group Inc.

Radian Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition

Radian Group Inc. filed SEC Form 8-K: Creation of a Direct Financial Obligation, Entry into a Material Definitive Agreement

Radian Reports Results of 2024 Annual Meeting of Stockholders

Radian's Delegated Mortgage Insurance Now Available Through PMI Rate Pro

Radian Appoints Anne Leyden to Board of Directors

$RDN Press Releases

Fastest customizable press release news feed in the world

Radian Announces Third Quarter 2024 Financial Results

Radian to Webcast Third Quarter Conference Call

Radian Comments on Updates to PMIERs

$RDN Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4 filed by Non-Exec Chairman of the Board Culang Howard Bernard

President, Mortgage Insurance Brummer Derek sold $1,242,985 worth of shares (35,153 units at $35.36), decreasing direct ownership by 16% to 186,535 units (SEC Form 4)

Sr. EVP, CPO & COO Dickerson Mary sold $701,065 worth of shares (19,511 units at $35.93), closing all direct ownership in the company (SEC Form 4)

Recent Analyst Ratings for
$RDN

$RDN
Insider Purchases

$RDN
Large Ownership Changes

$RDN
Analyst Ratings

$RDN
Financials

$RDN
Market Insights

$RDN
SEC Filings

$RDN
Leadership Updates

$RDN
Press Releases

$RDN
Insider Trading