Derek Stark (CLO) sold 4,750 PFSI shares at $109.56 on 2025-08-25 for $520,410; held 20,621 post-sale.
Derek Stark, Chief Legal Officer of PennyMac Financial Services, sold 4,750 shares at $109.56 on 2025-08-25, reducing his holdings by 18.7% to 20,621 shares for proceeds of $520,410. His prior sale at this ticker on 2023-12-14 was well-timed, with the stock declining 4.1% over the following 30 days and 3.5% over 90 days—a 100% well-timed rate in same-ticker history. The stock has appreciated 15.9% over the past 30 days and 13.6% over 90 days, trading at $109.04 currently versus the transaction price of $109.56, and is positioned 6.5% below its 52-week high of $116.58. PennyMac's recent quarter shows revenue of $444,730,000 and net income of $136,463,000 with annual revenue growth of 13.7%, supported by a favorable P/E of 14.58 and market capitalization of $5,638,461,889.28. The timing and magnitude of this sale, given the insider's documented pattern of well-timed sells and the company's strong financial position, merit monitoring for any subsequent developments in the mortgage finance sector.