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EdgarHawk

MAZZELLA JOSEPH F

Director

Director
2 filings analyzed · 1 company · Latest 2025-05-06

Companies

Company Buys Sells Direction
PennyMac Financial Services, Inc. PFSI 0 4 Net selling

Activity

May 2025
Sell
11,000 shares
$1,080,576
Significance 4/10

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.

August 2024
Sell
11,396 shares
$1,115,908
Significance 4/10

Director Mazzella sells 11,396 PFSI shares at $97.92; 90d post-trade return +5.0%, misaligned with his prior same-ticker timing.

MAZZELLA JOSEPH F (Director) sold 11,396 shares on 2024-08-14 at $97.92, reducing his stake by 9.8% from 116,842 to 105,446 shares. The sale was valued at $1,115,907.72. At the 90-day mark, PFSI stock returned +5.0%, meaning the director sold before a subsequent rally—a poorly-timed outcome relative to price action. His two prior sales at PFSI show mixed timing: the 2024-05-03 sale was followed by +5.0% (poorly-timed), while the 2023-12-18 sale preceded a -4.6% decline (well-timed), giving a 50% timing success rate at this ticker. The current share price of $98.04 sits -5.1% from the 52-week high and matches a 30-day decline of -5.1%, yet the post-transaction 90-day return remained positive, suggesting the sale preceded a temporary dip within a broader uptrend.

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