A Director at PennyMac Mortgage (PMT) is Selling Shares


Today, a Director at PennyMac Mortgage (NYSE: PMT), Paul Dufauchard Preston, sold shares of PMT for $103.5K.

Following Paul Dufauchard Preston’s last PMT Sell transaction on March 04, 2016, the stock climbed by 9.4%.

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PMT’s market cap is $1.19B and the company has a P/E ratio of 12.86. Currently, PennyMac Mortgage has an average volume of 140K.

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PennyMac Mortgage Investment Trust is a finance company, which invests primarily in residential mortgage loans and mortgage-related assets. It operates through following segments: Correspondent Production, Credit Sensitive Strategies, Interest Rate Sensitive Strategies and Corporate Activities.

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