PennyMac Financial Services Inc’s recent filing unveils that its Officer Perotti Daniel Stanley acquired Company’s shares for reported $1.07 million on Feb 14 ’25. In the deal valued at $101.49 per share,10,500 shares were bought.
Then, SPECTOR DAVID sold 5,000 shares, generating $496,920 in total proceeds. Upon selling the shares at $99.38, the Chairman & CEO now owns 165,604 shares.
Before that, Chang William Herbert bought 10,645 shares. PennyMac Financial Services Inc shares valued at $1,057,555 were divested by the Officer at a price of $99.35 per share.
Keefe Bruyette downgraded its PennyMac Financial Services Inc [PFSI] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in early April from “a Mkt perform” to “an Outperform”. Deutsche Bank began covering PFSI with “Buy” recommendation on January 10, 2024. Keefe Bruyette revised its rating on January 10, 2024. It rated PFSI as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of PFSI
On Friday, PennyMac Financial Services Inc [NYSE:PFSI] saw its stock jump 0.72% to $101.76. Over the last five days, the stock has lost -2.29%. PennyMac Financial Services Inc shares have fallen nearly -0.37% since the year began. Nevertheless, the stocks have risen 18.70% over the past one year. While a 52-week high of $119.13 was reached on 01/30/25, a 52-week low of $83.03 was recorded on 01/13/25. SMA at 50 days reached $104.16, while 200 days put it at $101.12.
Levels Of Support And Resistance For PFSI Stock
The 24-hour chart illustrates a support level at 100.96, which if violated will result in even more drops to 100.15. On the upside, there is a resistance level at 102.62. A further resistance level may holdings at 103.47. The Relative Strength Index (RSI) on the 14-day chart is 44.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.52%. Stochastics %K at 13.26% indicates the stock is a buying.
How much short interest is there in PennyMac Financial Services Inc?
A steep rise in short interest was recorded in PennyMac Financial Services Inc stocks on 2025-01-31, growing by 0.23 million shares to a total of 1.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.05 million shares. There was a rise of 18.23%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $85 price target.
