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Sumita Pandit Biography and Net Worth

Senior Executive Vice President, CFO of Radian Group

As senior executive vice president, chief financial officer, Sumita Pandit is responsible for the Company’s financial functions, including financial reporting, financial planning and analysis, enterprise capital planning, investment portfolio management and other treasury activities, investor relations, and tax along with strategic and business development duties.

Pandit has more than two decades of experience in investment banking, advising companies across verticals in fintech, including payments, financial software, neo-banks, and insurance technology. She joined Radian after serving more than two years as the Chief Operating Officer of dLocal, a NASDAQ-listed global financial technology company, where she oversaw key client management, marketing, investor relations, and corporate development. In 2021, she was named to the Top 25 Women Leaders in Financial Technology list by The Financial Technology Report.

Prior to dLocal, Pandit worked at J.P. Morgan in several Managing Director roles, including as Global Head of FinTech Investment Banking. Before joining J.P. Morgan, Pandit was a Vice President at Goldman Sachs in their Financial Institutions Group. Pandit earned an MBA from The Wharton School at the University of Pennsylvania, where she was a Palmer Scholar.

How old is Sumita Pandit?: Ms. Pandit is currently 45 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 Sumita Pandit's age.
How do I contact Sumita Pandit?: The corporate mailing address for Ms. Pandit 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 Sumita Pandit's contact information.
Has Sumita Pandit been buying or selling shares of Radian Group?: In the last ninety days, Sumita Pandit has sold $130,655.91 in shares of Radian Group stock. Most recently, Sumita Pandit sold 3,817 shares of the business's stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $34.23, for a transaction totalling $130,655.91. Learn More on Sumita Pandit'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). 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 9 times. They sold a total of 236,776 shares worth more than $7,912,313.24. The most recent insider tranaction occured on September, 5th when insider Derek Brummer sold 35,153 shares worth more than $1,243,010.08. 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 9/5/2024.

Sumita Pandit Insider Trading History at Radian Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/8/2024	Sell	3,817	$34.23	$130,655.91

Sumita Pandit 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: $35.09

$34.76

$35.39

50 Day Range

MA: $35.10

$33.02

$37.16

2 Week Range

Now: $35.09

$24.56

$37.86

Volume

3,398,781 shs

Average Volume

1,038,922 shs

Market Capitalization

$5.28 billion

P/E Ratio

9.28

Dividend Yield

2.79%

Beta

1.05

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