Pennymac Financial Services Inc (PFSI) President & CEO David Spector Sold $1.7 million of Shares

– By insider

President & CEO of Pennymac Financial Services Inc (30-Year Financial, Insider Trades) David Spector (insider trades) sold 30,000 shares of PFSI on 09/17/2020 at an average price of $57.91 a share. The total sale was $1.7 million.

PennyMac Financial Services Inc provides mortgage loans to customers in the United States. The company’s services span its main function of loan production and loan servicing which includes the recovery of loans and other related charges. PennyMac Financial Services Inc has a market cap of $4.27 billion; its shares were traded at around $59.04 with a P/E ratio of 5.15 and P/S ratio of 1.93. The dividend yield of PennyMac Financial Services Inc stocks is 0.86%. PennyMac Financial Services Inc had annual average EBITDA growth of 35.90% over the past five years. GuruFocus has detected 5 severe warning signs with PennyMac Financial Services Inc. .

CEO Recent Trades:

  • President & CEO David Spector sold 30,000 shares of PFSI stock on 09/17/2020 at the average price of $57.91. The price of the stock has increased by 1.95% since.

Directors and Officers Recent Trades:

  • Director, 10% Owner Stanford L Kurland sold 31,200 shares of PFSI stock on 09/11/2020 at the average price of $53.2. The price of the stock has increased by 10.98% since.
  • Chief Risk Officer David M Walker sold 20,000 shares of PFSI stock on 09/02/2020 at the average price of $53.15. The price of the stock has increased by 11.08% since.
  • Director Joseph F Mazzella sold 18,000 shares of PFSI stock on 09/01/2020 at the average price of $52.92. The price of the stock has increased by 11.56% since.
  • Chief Enterprise Ops Officer Jeffrey Grogin sold 9,225 shares of PFSI stock on 09/01/2020 at the average price of $52.58. The price of the stock has increased by 12.29% since.
  • Director, 10% Owner Stanford L Kurland sold 45,000 shares of PFSI stock on 08/27/2020 at the average price of $50.46. The price of the stock has increased by 17% since.

For the complete insider trading history of PFSI, click here

.This article first appeared on GuruFocus.

Next Post

PRECIOUS-Gold drops as dollar rises on Fed's upbeat economic view

Sun Sep 20 , 2020
* Dollar hits more than one-week high * Fed to hold rates near zero until at least 2023 * Platinum falls more than 2% * Interactive graphic tracking global spread of coronavirus: here (Updates prices) By Brijesh Patel Sept 17 (Reuters) - Gold prices fell on Thursday as the dollar […]
Japan shares end firmer as ruling party elects new leader

You May Like