Pennymac Mortgage Investment Trust’s filing revealed that its Director Lynch Catherine A. acquired Company’s shares for reported $11904.0 on Jan 24 ’25. In the deal valued at $12.54 per share,949 shares were bought. As a result of this transaction, Lynch Catherine A. now holds 38,581 shares worth roughly $0.56 million.
Then, Lynch Catherine A. bought 838 shares, generating $11,572 in total proceeds. Upon buying the shares at $13.81, the Director now owns 37,632 shares.
Before that, Jones Doug sold 37,010 shares. Pennymac Mortgage Investment Trust shares valued at $518,647 were divested by the Director, President & CMBO at a price of $14.01 per share. As a result of the transaction, Jones Doug now holds 49,114 shares, worth roughly $0.72 million.
Keefe Bruyette upgraded its Pennymac Mortgage Investment Trust [PMT] rating to an Outperform from a a Mkt perform in a research note published on July 10, 2024; the price target was increased to $15.50 from $15. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in early January with a ‘”a Hold”‘ rating. UBS began covering PMT with “Neutral” recommendation on December 06, 2023. BTIG Research revised its rating on February 17, 2023. It rated PMT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PMT
On Monday, Pennymac Mortgage Investment Trust [NYSE:PMT] saw its stock fall -0.41% to $14.59. Over the last five days, the stock has gained 3.40%. Pennymac Mortgage Investment Trust shares have risen nearly 15.89% since the year began. Nevertheless, the stocks have risen 5.65% over the past one year. While a 52-week high of $15.22 was reached on 02/26/25, a 52-week low of $11.77 was recorded on 01/13/25. SMA at 50 days reached $13.19, while 200 days put it at $13.67.
Levels Of Support And Resistance For PMT Stock
The 24-hour chart illustrates a support level at 14.47, which if violated will result in even more drops to 14.36. On the upside, there is a resistance level at 14.70. A further resistance level may holdings at 14.82. The Relative Strength Index (RSI) on the 14-day chart is 73.92, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.18%. Stochastics %K at 82.48% indicates the stock is a selling.
