Timothy J. Mattke, the Chief Executive Officer of MGIC Investment Corporation, sold 139,202 shares of the company’s stock on April 2, 2026, for approximately $3.6 million. The shares were sold at prices ranging from $26.100 to $26.685, while the stock currently trades at $26.52, reflecting an 11% increase over the past year. Despite this rise, MGIC Investment, valued at $5.7 billion, has been noted as undervalued based on its Fair Value. Following the sale, Mattke retains ownership of 1,118,005.401 shares. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan established on May 6, 2025. In its recent fourth-quarter earnings report for 2025, MGIC met expectations for earnings per share (EPS) at $0.75, but reported revenue of $298.65 million, which was $9.54 million below analyst forecasts. This discrepancy has raised concerns among investors regarding the company's ability to meet market expectations, highlighting ongoing challenges in its financial performance.