Large Inflow of Money Detected in Radian Group

Radian Group (RDN) stock had a bullish inflow of $3.4 million worth of trades on uptick and an outflow of $2.51 million in downticks on Monday. The total uptick to downtick ratio stood at 1.35. The net money flow into the stock was $0.89 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.53 million. An inflow of $0.42 million block trade was recorded on downticks. $0.95 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 2.24 in favor of the bulls. However, Radian Group (RDN) stock traded down $0.03 , and reached $13.16, a drop of -0.19% over the previous day. On a weekly basis, the stock is 1.9%, over the previous weeks close.


Shares of Radian Group Inc. rose by 3.62% in the last five trading days and 12.06% for the last 4 weeks. Radian Group Inc. is up 13.03% in the last 3-month period. Year-to-Date the stock performance stands at 0.65%.

Radian Group (NYSE:RDN): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.26 and $13.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.51. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.47, notching a gain of 2.20% for the day. The total traded volume was 3,648,365 . The stock had closed at $13.18 on the previous day.

In a related news, Brummer Derek, officer (EVP and Chief Risk Officer) of Radian Group Inc, executed a transaction worth $206,400 on August 10, 2016. A total of 16,000 shares were purchased at an average price of $12.9. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Radian Group Inc. provides mortgage insurance on domestic residential First-liens and other products and services. The Company operates in two business segments: mortgage insurance and MRES. The mortgage insurance segment provides credit-related insurance coverage, principally through private mortgage insurance, to mortgage lending institutions. The Company conducts mortgage insurance business primarily through Radian Guaranty, the Companys principal mortgage insurance subsidiary. The MRES segment provides services and solutions to the mortgage and real estate industries primarily through Clayton. The Company also provides direct insurance and reinsurance on credit-based risks through Radian Asset Assurance, its principal financial guaranty subsidiary that is a wholly owned subsidiary of Radian Guaranty. Its customers are mortgage originators, such as mortgage bankers, mortgage brokers, commercial banks, savings institutions, credit unions and community banks.

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