Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Pennymac Mortgage Investment Trust shares valued at $210,685 were sold by Jones Doug on Mar 05 ’25. At $14.50 per share, Jones Doug sold 14,530 shares. The insider’s holdings dropped to 64,082 shares worth approximately $0.95 million following the completion of this transaction.
Also, Jones Doug purchased 14,530 shares, netting a total of over 210,702 in proceeds.
Before that, Lynch Catherine A. had added 949 shares to its account. In a trade valued at $11,904, the Director bought Pennymac Mortgage Investment Trust shares for $12.54 each. Upon closing the transaction, the insider’s holdings increased to 949 shares, worth approximately $0.57 million.
As published in a research note from Keefe Bruyette on July 10, 2024, Pennymac Mortgage Investment Trust [PMT] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $15.50 from $15. Analysts at Deutsche Bank started covering the stock with ‘”a Hold”‘ outlook in a report released in early January. As of December 06, 2023, UBS has initiated its “Neutral” rating for PMT. Earlier on February 17, 2023, BTIG Research downgraded its rating. Their new recommendation was “a Neutral” for PMT stock which previously was a “a Buy”.
Analyzing PMT Stock Performance
During the last five days, there has been a surge of approximately 0.07%. Over the course of the year, Pennymac Mortgage Investment Trust shares have jumped approximately 17.32%. Shares of the company reached a 52-week high of $14.93 on 03/10/25 and a 52-week low of $11.77 on 01/13/25. A 50-day SMA is recorded $13.87, while a 200-day SMA reached $13.71.
Support And Resistance Levels for Pennymac Mortgage Investment Trust (PMT)
According to the 24-hour chart, there is a support level at 14.63, which, if violated, would cause prices to drop to 14.49. In the upper region, resistance lies at 14.86. The next price resistance is at 14.95. RSI (Relative Strength Index) is 62.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.11, which suggests the price will decrease in the coming days. Percent R is at 19.75%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
