Derek Brummer Biography and Net Worth

Insider of Radian Group

As president, mortgage, for Radian Group Inc., Derek Brummer is responsible for overseeing the company’s Mortgage Insurance and Mortgage Risk Services businesses, including developing strategies for continued growth as the mortgage industry evolves.

Derek joined Radian in 2002 and has served as Radian's chief risk officer since 2013 and as head of Mortgage Insurance and Risk Services since 2018. Prior to that, he was chief risk officer and general counsel for Radian‘s financial guaranty company. Prior to joining Radian, Derek was a corporate associate at Allen & Overy; and Cravath, Swaine & Moore, both in New York.

Derek holds a bachelor’s degree from the University of Nebraska at Lincoln and a J.D. from New York University School of Law.

What is Derek Brummer's net worth?: The estimated net worth of Derek Brummer is at least $5.51 million as of December 5th, 2024. Mr. Brummer owns 171,830 shares of Radian Group stock worth more than $5,507,152 as of December 21st. This net worth evaluation does not reflect any other assets that Mr. Brummer may own. Additionally, Mr. Brummer receives a salary of $1,600,000.00 as Insider at Radian Group. Learn More about Derek Brummer's net worth.
How old is Derek Brummer?: Mr. Brummer is currently 53 years old. There are 6 older executives and no younger executives at Radian Group. The oldest executive at Radian Group is Mr. Richard Gerald Thornberry, CEO & Director, who is 66 years old. Learn More on Derek Brummer's age.
What is Derek Brummer's salary?: As the Insider of Radian Group Inc., Mr. Brummer earns $1,600,000.00 per year. The highest earning executive at Radian Group is Mr. Richard Gerald Thornberry, CEO & Director, who commands a salary of $3,710,000.00 per year. Learn More on Derek Brummer's salary.
How do I contact Derek Brummer?: The corporate mailing address for Mr. Brummer and other Radian Group executives is 1500 Market Street, Philadelphia PA, 19102. Radian Group can also be reached via phone at (800) 523-1988 and via email at [email protected]. Learn More on Derek Brummer's contact information.
Has Derek Brummer been buying or selling shares of Radian Group?: Over the course of the past ninety days, Derek Brummer has sold $509,528.25 of Radian Group stock. Most recently, Derek Brummer sold 14,705 shares of the business's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $34.65, for a transaction totalling $509,528.25. Following the completion of the sale, the insider now directly owns 171,830 shares of the company's stock, valued at $5,953,909.50. Learn More on Derek Brummer's trading history.
Who are Radian Group's active insiders?: Radian Group's insider roster includes Derek Brummer (Insider), Howard Culang (Chairman), Mary Dickerson (VP), Lisa Hess (Director), Edward Hoffman (EVP), Brien Mcmahon (EVP), Lisa Mumford (Director), Sumita Pandit (Senior Executive Vice President, CFO), Robert Quigley (EVP, Corporate Controller, CAO), Eric Ray (EVP), Gregory Serio (Director), Noel Spiegel (Director), and Richard Thornberry (CEO & Director). Learn More on Radian Group's active insiders.
Are insiders buying or selling shares of Radian Group?: In the last twelve months, insiders at the insurance provider sold shares 10 times. They sold a total of 251,481 shares worth more than $8,421,841.49. The most recent insider tranaction occured on December, 5th when insider Derek Brummer sold 14,705 shares worth more than $509,528.25. Insiders at Radian Group own 2.2% of the company. Learn More about insider trades at Radian Group.
Information on this page was last updated on 12/5/2024.

Derek Brummer Insider Trading History at Radian Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/5/2024	Sell	14,705	$34.65	$509,528.25	171,830
9/5/2024	Sell	35,153	$35.36	$1,243,010.08	186,535
5/24/2024	Sell	35,000	$31.33	$1,096,550.00	218,023
5/12/2023	Sell	12,475	$24.97	$311,500.75	141,515
5/10/2023	Sell	18,000	$24.75	$445,500.00	153,990
3/6/2023	Sell	12,000	$23.17	$278,040.00	171,990
3/3/2023	Sell	25,000	$21.75	$543,750.00	183,990
2/28/2023	Sell	13,130	$21.57	$283,214.10	208,990
4/30/2018	Buy	19,200	$14.91	$286,272.00	74,260
8/10/2016	Buy	16,000	$12.87	$205,920.00
2/3/2016	Buy	14,000	$10.25	$143,500.00

Derek Brummer Buying and Selling Activity at Radian Group

Radian Group Company Overview

Radian Group Inc., together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting. The Homegenius segment offers title services, including a suite of insurance and non-insurance titles; tax and title data, centralized recording, document retrieval, and default curative title services; deed and property reports; closing and settlement services; mortgage underwriting and processing; escrow; appraisal management; and real estate brokerage. This segment also provides real estate valuation products and services; asset management services for managing real estate owned properties, which includes a web-based workflow solution; and a suite of real estate technology products and services to facilitate real estate transactions, such as proprietary platforms as a service solution. It serves mortgage originators, such as mortgage bankers, commercial banks, savings institutions, credit unions, and community banks; and consumers, mortgage lenders, mortgage and real estate investors, government-sponsored enterprises, real estate brokers and agents, and corporations for their employees. The company was formerly known as CMAC Investment Corp. and changed its name to Radian Group Inc. in June 1999. Radian Group Inc. was founded in 1977 and is headquartered in Wayne, Pennsylvania.

Today's Range

Now: $32.05

$31.45

$32.40

50 Day Range

MA: $34.21

$31.68

$35.84

2 Week Range

Now: $32.05

$26.11

$37.86

Volume

4,612,824 shs

Average Volume

1,055,953 shs

Market Capitalization

$4.77 billion

P/E Ratio

8.30

Dividend Yield

3.09%

Beta

1.04

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Derek Brummer Biography and Net Worth

What is Derek Brummer's net worth?

How old is Derek Brummer?

What is Derek Brummer's salary?

How do I contact Derek Brummer?

Has Derek Brummer been buying or selling shares of Radian Group?

Who are Radian Group's active insiders?

Are insiders buying or selling shares of Radian Group?