Pennymac Mortgage Investment Trust’s recently made public that its Director Lynch Catherine A. acquired Company’s shares for reported $34968.0 on Apr 24 ’25. In the deal valued at $12.15 per share,2,878 shares were bought. As a result of this transaction, Lynch Catherine A. now holds 49,254 shares worth roughly $0.61 million.
Then, Lynch Catherine A. bought 1,268 shares, generating $15,298 in total proceeds. Upon buying the shares at $12.06, the Director now owns 50,522 shares.
Before that, Jones Doug sold 14,530 shares. Pennymac Mortgage Investment Trust shares valued at $210,685 were divested by the Director, President & CMBO at a price of $14.50 per share. As a result of the transaction, Jones Doug now holds 64,082 shares, worth roughly $0.8 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 -1.03% to $12.45. Over the last five days, the stock has lost -0.48%. Pennymac Mortgage Investment Trust shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have fallen -9.26% over the past one year. While a 52-week high of $14.98 was reached on 03/10/25, a 52-week low of $11.77 was recorded on 01/13/25.
Levels Of Support And Resistance For PMT Stock
The 24-hour chart illustrates a support level at 12.33, which if violated will result in even more drops to 12.21. On the upside, there is a resistance level at 12.65. A further resistance level may holdings at 12.84.
