MGIC Executives Stack Up Shares After Strong Q4 Beat, Signaling Confidence in Mortgage‑Insurance Growth

Insider Buying Signals at MGIC Investment Corp

The latest form 4 from Thompson Michael Leal shows a modest purchase of 0.04 shares (18,501.19 shares post‑trade) on February 13, 2026. At a price of $26.66, the transaction is essentially a “round‑up” of fractional RSUs that were awarded under the company’s Omnibus Incentive Plan. Because Leal paid nothing for the shares, the move is best viewed as a routine vesting event rather than a deliberate market‑timed buy. That said, the timing—right after MGIC’s Q4 earnings call, which highlighted solid profitability and a P/E of 8.49—adds a layer of confidence for investors. A high sentiment score of +95 and a buzz rate of 488.96 % indicate that the market is reacting positively to the insider activity, potentially amplifying the perceived stability of the company’s leadership.

What This Means for Investors

Leal’s continued accumulation, along with similar small purchases by other executives such as Curt Culver, Mark Zandi, and Sheryl Sculley, suggests that insiders remain comfortable with MGIC’s trajectory. The company’s shares have moved 0.92 % in the month and 7.70 % year‑to‑date, staying well below the 52‑week high but comfortably above the low, pointing to a resilient valuation at a P/B of 1.16. For investors, the pattern of incremental insider buying can serve as a bullish signal: insiders are not divesting, and they are adding to their positions as the company posts earnings that beat expectations. However, the trades are small relative to the total shares outstanding, so the impact on the share price is likely limited. Still, a steady accumulation of shares by senior executives is generally viewed favorably by the market.

Profile of Thompson Michael Leal

Leal’s transaction history shows a consistent buying rhythm: two purchases on February 4 and a third on February 13, each for approximately 5,077 shares, bringing his holdings to just over 18,500 shares. He has no disclosed title on the filing, but the pattern of regular purchases—without any accompanying sales—suggests he is a long‑term shareholder rather than a trader. His trades are executed at market price, with no significant price deviation, indicating a passive approach that aligns with the company’s incentive plan. Over the past year, Leal has not sold any shares, reinforcing the view that he is committed to MGIC’s long‑term growth strategy. This disciplined, incremental buying is a common trait among insiders who believe in the company’s fundamentals.

Outlook for MGIC Investment Corp

MGIC’s focus on private mortgage insurance positions it well as mortgage rates remain elevated, and its recent earnings call underscored robust profitability. The steady insider buying, coupled with a low P/E and a modest premium to book value, suggests that the stock may still have upside if the mortgage market stabilizes. For investors, the key indicators to watch will be future earnings releases, changes in the housing market, and any large insider sales that could signal a shift in confidence. In the meantime, the current pattern of small, consistent insider purchases—especially from key executives—provides a reassuring signal of alignment between management and shareholders.