Why insider trading matters?

If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.

- Klaus Gugler, Economist
PennyMac Financial Services, Inc. (PFSI)
Sector: Financial Services; Industry: Mortgage Finance

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Loan Production, Loan Servicing, and Investment Management. This segment also services conventional and government-insured or guaranteed mortgage loans, and home equity loans; and distressed mortgage loans that have been acquired as investments by its advised entities. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-16 MFN Partners, LP Director Buy 193,915 $61.95 $12,013,906 No
2021-06-16 NANJI FARHAD Director Buy 193,915 $61.95 $12,013,906 No
2021-06-14 NANJI FARHAD Director Buy 192,824 $61.89 $11,933,904 No
2021-06-14 MFN Partners, LP Director Buy 192,824 $61.89 $11,933,904 No
2021-06-08 NANJI FARHAD Director Buy 38,743 $61.85 $2,396,255 No
2021-06-08 MFN Partners, LP Director Buy 38,743 $61.85 $2,396,255 No
2021-06-07 NANJI FARHAD Director Buy 138,232 $60.64 $8,382,744 No
2021-06-07 MFN Partners, LP Director Buy 138,232 $60.64 $8,382,744 No
2021-06-03 KURLAND FAMILY INVESTMENTS, LLC 10%-Owner Sell 281,637 $61.29 $17,262,815 No
2021-06-01 NANJI FARHAD Director Buy 46,990 $62.67 $2,944,863 No
2021-06-01 MFN Partners, LP Director Buy 46,990 $62.67 $2,944,863 No
2021-05-26 NANJI FARHAD Director Buy 12,842 $61.49 $789,655 No
2021-05-26 MFN Partners, LP Director Buy 12,842 $61.49 $789,655 No
2021-05-26 KURLAND FAMILY INVESTMENTS, LLC 10%-Owner Sell 252,888 $62.29 $15,752,935 No
2021-05-25 MFN Partners, LP Director Buy 187,870 $62.49 $11,739,078 No
2021-05-25 NANJI FARHAD Director Buy 187,870 $62.49 $11,739,078 No
2021-05-21 NANJI FARHAD Director Buy 103,586 $61.46 $6,366,164 No
2021-05-21 MFN Partners, LP Director Buy 103,586 $61.46 $6,366,164 No
2021-05-19 NANJI FARHAD Director Buy 120,960 $60.88 $7,363,638 No
2021-05-19 MFN Partners, LP Director Buy 120,960 $60.88 $7,363,638 No
2021-05-18 SPECTOR DAVID Chairman & CEO Sell 30,000 $61.00 $1,829,862 No
2021-05-17 NANJI FARHAD Director Buy 182,798 $60.44 $11,048,912 No
2021-05-13 NANJI FARHAD Director Buy 369,324 $57.84 $21,362,114 No
2021-05-13 MFN Partners, LP Director Buy 369,324 $57.84 $21,362,114 No
2021-05-11 NANJI FARHAD Director Buy 298,655 $57.93 $17,302,503 No
2021-05-11 MFN Partners, LP Director Buy 298,655 $57.93 $17,302,503 No
2021-04-20 KURLAND FAMILY INVESTMENTS, LLC 10%-Owner Sell 41,750 $57.73 $2,410,248 No
2021-04-13 SPECTOR DAVID Chairman & CEO Sell 30,000 $58.57 $1,757,086 No
2021-04-06 KURLAND FAMILY INVESTMENTS, LLC 10%-Owner Sell 41,750 $60.21 $2,513,900 No
2021-03-29 NANJI FARHAD Director Buy 94,106 $64.40 $6,060,426 No

Insider Smart

Enphase Energy, Inc (ENPH) - ENPH was $10+ in 15Q1 then dropped to $2 and eventually went under $1. From 15Q4 to 17Q4 it built a 2-year-long base then BOOM! Stock went as high as $70 and likely will make a new high. Catch one or two moves like this you can retire early. One hint before the big move was that CEO and CFO were constantly accumulating, this kind of information is priceless.

Insider Smart

CEDAR FAIR L.P. (FUN) - Another crash victim, Cedar Fair L.P. took a deep dive from $54 to $13, insiders were confidence and eagerly jumped in around $27. With insiders on your side, this would be an easy add and hold to get your cost under $20. Stock is about to breach $40 in the coming weeks.