Mgic Investment Corp insider trading
Every open-market purchase and sale by Mgic Investment Corp's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Mgic Investment Corp’s insiders pay?
From April 19, 2010 to February 21, 2025, 21 insiders reported 43 open-market purchases and 17 sales not made under a pre-set plan in Mgic Investment Corp. Twelve months after each purchase was reported, the shares were −0.5% against the S&P 500 on average (median +21.1%), over 26 purchases with a full year of prices; 54% beat the index. After sales, the shares moved −27.4% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on April 25, 2011 into $5,954 by November 2, 2026, −3.3% a year. It held shares 47% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $24,426 (+5.9% a year), and held throughout $74,251 (+13.8%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Sinks Patrick | Vice Chairman | 4 | −14.2% (2) | 50% | 7 | −33.6% (7) | December 2, 2019 |
| Lauer Jon Michael | Executive VP & CFO | 7 | −65.5% (2) | 0% | 0 | — | March 7, 2013 |
| Lehman Michael E | Director | 5 | +8.3% (5) | 40% | 1 | −33.9% (1) | August 14, 2020 |
| Arrigoni Daniel A. | Director | 4 | −7.5% (4) | 50% | 0 | — | December 2, 2021 |
| Culver Curt S | Chairman and CEO | 4 | −66.0% (1) | 0% | 0 | — | March 7, 2013 |
| Karpowicz James A | Senior Vice President | 4 | −65.1% (2) | 0% | 0 | — | August 9, 2012 |
| Nicolaisen Donald T | Director | 1 | — | — | 2 | −22.3% (2) | April 30, 2015 |
| Sperber Julie K. | VP-Chief Accounting Officer | 0 | — | — | 3 | −21.9% (3) | February 21, 2025 |
| Chaplin C Edward | Director | 2 | +10.7% (2) | 50% | 0 | — | January 28, 2016 |
| Hughes James J. | EVP-Sales&Bus. Dev-Mtg Gty Ins | 1 | +38.3% (1) | 100% | 1 | −2.6% (1) | May 10, 2021 |
| Lane Jeffrey H | Executive Vice President | 2 | +37.5% (1) | 100% | 0 | — | January 27, 2016 |
| Mattke Timothy J. | Executive Vice Preident & CFO | 2 | +37.5% (1) | 100% | 0 | — | January 27, 2016 |
| Pierzchalski Lawrence J | Executive Vice President | 1 | — | — | 1 | −36.9% (1) | August 13, 2015 |
| Carr Cassandra C | Director | 1 | +38.7% (1) | 100% | 0 | — | February 11, 2016 |
| Chi Gregory A. | SVP-Chief Information Officer | 1 | +38.3% (1) | 100% | 0 | — | January 28, 2016 |
| Holt Timothy A | Director | 1 | +37.5% (1) | 100% | 0 | — | January 27, 2016 |
| Kozlak Jodee A | Director | 1 | +43.3% (1) | 100% | 0 | — | May 20, 2020 |
| Mackey Stephen C | EVP - Chief Risk Officer | 1 | +38.3% (1) | 100% | 0 | — | January 28, 2016 |
| Meade Michael G | Senior VP & Chief Info Officer | 0 | — | — | 1 | −65.3% (1) | August 3, 2010 |
| Muma Leslie M | Director | 1 | — | — | 0 | — | August 19, 2011 |
| Poliner Gary A. | Director | 0 | — | — | 1 | +18.1% (1) | February 27, 2023 |
When several insiders traded Mgic Investment Corp
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Mgic Investment Corp in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 2 buying crowds with six months of prices, it averaged −34.2% against the index. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| January 29, 2016 | 10 buying | +2.2% | −4.6% | +38.3% |
| April 29, 2011 | 3 buying | −49.3% | −63.8% | −64.7% |