Yesterday, the Chief Enterprise Ops Officer of PennyMac Financial (PFSI), Jeffrey Grogin, sold shares of PFSI for $1.06M.
This is Grogin’s first transaction since reporting a Sell transaction on PMT back in February 2017
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Based on PennyMac Financial’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $533 million and quarterly net profit of $121 million. In comparison, last year the company earned revenue of $353 million and had a net profit of $14.49 million. The company has a one-year high of $34.05 and a one-year low of $19.28. Currently, PennyMac Financial has an average volume of 316.32K.
Jeffrey Grogin’s trades have generated a -6.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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PennyMac Financial Services, Inc. is a holding company, which engages in the mortgage banking and investment management activities. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment includes mortgage loan origination, acquisition, and sale activities.
