The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. PennyMac Financial Services Inc shares valued at $42,181 were sold by ELBAUM MARK on Apr 04 ’25. At $102.88 per share, ELBAUM MARK sold 410 shares. The insider’s holdings dropped to 4,207 shares worth approximately $0.38 million following the completion of this transaction.
Also, SPECTOR DAVID sold 5,000 shares, netting a total of over 517,196 in proceeds. Following the sale of shares at $103.44 each, the insider now holds 150,604 shares.
Before that, Tidmore Abbie had sold 2,669 shares from its account. In a trade valued at $273,706, the Chief Revenue Officer traded PennyMac Financial Services Inc shares for $102.55 each. Upon closing the transaction, the insider’s holdings decreased to 2,669 shares, worth approximately $0.44 million.
As published in a research note from Keefe Bruyette on April 08, 2025, PennyMac Financial Services Inc [PFSI] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $114. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late July. As of April 09, 2024, Keefe Bruyette has increased its “Mkt perform” rating to a “an Outperform” for PFSI. Earlier on January 10, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for PFSI stock.
Analyzing PFSI Stock Performance
During the last five days, there has been a drop of approximately -13.22%. Over the course of the year, PennyMac Financial Services Inc shares have dropped approximately -12.59%. Shares of the company reached a 52-week high of $115.46 on 01/30/25 and a 52-week low of $86.79 on 04/09/25. A 50-day SMA is recorded $100.95, while a 200-day SMA reached $102.77.
Support And Resistance Levels for PennyMac Financial Services Inc (PFSI)
According to the 24-hour chart, there is a support level at 86.82, which, if violated, would cause prices to drop to 84.37. In the upper region, resistance lies at 92.51. The next price resistance is at 95.75. RSI (Relative Strength Index) is 31.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.34, which suggests the price will decrease in the coming days. Percent R is at 86.33%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
