Director Mazzella sells 11,000 shares (11.0K shares) for $1,080,575.68 at blended $98.23; stock down 17.8% from 52-week high.
Director Joseph F Mazzella executed 2 separate sales totaling 11,000 shares for $1,080,575.68 on 2025-05-02, reducing his holdings by 10.6% to 92,863 shares. The sales occurred at a blended average price of $98.23, while the stock currently trades at $95.82, down 17.8% from its 52-week high of $116.58 and down 7.6% over the past 30 days. At PFSI specifically, Mazzella's 3 prior sales show mixed timing: only 1 of 3 achieved a negative 90-day return (well-timed for a seller), with the most recent 2024-08-14 sale followed by a +17.7% 30-day move upward, a pattern opposite to this current sale environment where the stock has declined 7.6% in 30 days. The company's fundamentals remain solid with Q latest revenue of $430.9M and net income of $76.3M, yielding a P/E of 14.22 and market cap of $5.0B with FY annual revenue growth of +13.7%. The sale quantity and timing merit observation in the context of recent downward price action, though without scheduled trading plan disclosure, the discretionary nature of the trade cannot be determined.