In a filing, Pennymac Mortgage Investment Trust revealed its Director, President & CMBO Jones Doug unloaded Company’s shares for reported $0.21 million on Mar 05 ’25. In the deal valued at $14.50 per share,14,530 shares were sold. As a result of this transaction, Jones Doug now holds 64,082 shares worth roughly $0.92 million.
Then, Jones Doug bought 14,530 shares, generating $210,702 in total proceeds.
Before that, Lynch Catherine A. bought 949 shares. Pennymac Mortgage Investment Trust shares valued at $11,904 were divested by the Director at a price of $12.54 per share. As a result of the transaction, Lynch Catherine A. now holds 38,581 shares, worth roughly $0.55 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 Tuesday, Pennymac Mortgage Investment Trust [NYSE:PMT] saw its stock fall -2.05% to $14.33. Over the last five days, the stock has lost -0.21%. Pennymac Mortgage Investment Trust shares have risen nearly 13.82% since the year began. Nevertheless, the stocks have risen 0.56% over the past one year. While a 52-week high of $15.22 was reached on 03/10/25, a 52-week low of $11.77 was recorded on 01/13/25. SMA at 50 days reached $13.36, while 200 days put it at $13.66.
Levels Of Support And Resistance For PMT Stock
The 24-hour chart illustrates a support level at 14.15, which if violated will result in even more drops to 13.98. On the upside, there is a resistance level at 14.61. A further resistance level may holdings at 14.90. The Relative Strength Index (RSI) on the 14-day chart is 56.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.64%. Stochastics %K at 74.88% indicates the stock is a holding.
