A Record High Under Scrutiny: PennyMac’s Strong Earnings Contrast with CEO’s Major Stock Sale

PennyMac Financial Services finds itself at a critical juncture following its impressive third-quarter performance for 2025. While the mortgage servicer’s shares recently reached unprecedented levels, a substantial insider transaction by Chief Executive Officer David Spector has introduced uncertainty among investors about whether the rally can be sustained.

On October 21, PennyMac released financial results that significantly surpassed market projections. The company reported quarterly revenue of $632.9 million alongside GAAP earnings of $3.37 per share. These figures represented a substantial outperformance relative to analyst forecasts, with revenue exceeding expectations by 9.9% and earnings per share beating estimates by an even more impressive 14.6%. Compared to the same period last year, the company demonstrated robust growth with revenue climbing 10.6% while Read more...