JPMorgan Chase Discloses 5.9% Stake in Radian Group Inc.

TL;DR

**JPMorgan Chase just revealed a 5.9% stake in Radian Group, a bullish signal for the stock.**

AI Summary

JPMorgan Chase & Co. reported on February 6, 2024, that it holds a significant stake in Radian Group Inc., specifically 10,023,028 shares of common stock, representing 5.9% of the company's total outstanding shares. This position was established as of December 29, 2023. This matters to investors because it signals that a major financial institution sees value in Radian Group, potentially indicating confidence in its future performance and stability, which could influence other investors' perceptions and the stock price.

Why It Matters

A large institutional investment by JPMorgan Chase & Co. can be seen as a vote of confidence in Radian Group Inc., potentially attracting more investor interest and supporting the stock price.

Risk Assessment

Risk Level: low — This filing indicates a significant institutional investment, which generally reduces perceived risk for a company.

Analyst Insight

A smart investor would view JPMorgan Chase & Co.'s 5.9% stake as a positive signal, potentially indicating underlying value in Radian Group Inc., and might consider further research into Radian's fundamentals and market position.

Key Numbers

• 10,023,028 — Shares Owned (The total number of Radian Group Inc. common stock shares beneficially owned by JPMorgan Chase & Co.)
• 5.9% — Ownership Percentage (The percentage of Radian Group Inc.'s common stock owned by JPMorgan Chase & Co., indicating a significant stake.)
• 20231229 — Event Date (The date when JPMorgan Chase & Co.'s ownership crossed the threshold requiring this filing.)

Key Players & Entities

• JPMorgan Chase & Co. (company) — the entity filing the SC 13G, reporting its ownership
• Radian Group Inc. (company) — the subject company in which shares are owned
• 10,023,028 shares (dollar_amount) — the total number of common stock shares of Radian Group Inc. beneficially owned by JPMorgan Chase & Co.
• 5.9% (dollar_amount) — the percentage of Radian Group Inc.'s common stock beneficially owned by JPMorgan Chase & Co.
• December 29, 2023 (person) — the date of the event which required the filing of this statement

Forward-Looking Statements

• Radian Group Inc. stock may experience increased investor confidence due to JPMorgan Chase & Co.'s significant stake. (Radian Group Inc.) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.001 — p Inc (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o

Filing Documents

• Radian_Group_Inc.htm (SC 13G) — 86KB
• 0000019617-24-000179.txt ( ) — 88KB

From the Filing

SC 13G 1 Radian_Group_Inc.htm FILING RADIAN GROUP INC Schedule 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Radian Group Inc (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class of Securities) 750236101 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) o Rule 13d-1(c) o Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 750236101 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JPMORGAN CHASE & CO. 13-2624428 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 7,695,135 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 7,695,135 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,695,135 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.0 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer Radian Group Inc (b) Address of Issuer's Principal Executive Offices 550 East Swedesford Road, Suite 350, Wayne, PA 19087 Item 2. (a) Name of Person Filing JPMORGAN CHASE & CO. (b) Address of Principal Business Office or, if none, Residence 383 Madison Avenue New York, NY 10179 (c) Citizenship Delaware (d) Title of Class of Securities Common Stock, $0.001 par value per share (e) CUSIP Number 750236101 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) o A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 7,695,135 (b) Percent of class: 5.0 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 7,695,135 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 7,695,135 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o . Item 6. of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company J.P. Morgan Markets Ltd J.P. MORGAN SE J.P. Morgan Securities LLC Item 8. Identification and Classification of Members of the Group Not Applicable Item 9.

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