Insider Selling: PennyMac Financial Services (NYSE:PFSI) Insider Sells 1,066 Shares of Stock

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PennyMac Financial Services insider Derek Stark sold 1,066 shares of the company’s stock on March 3rd for $93,445.56, reducing his stake by 4.84%. This sale follows another recent transaction in February and coincides with the company missing quarterly earnings and revenue estimates. Analysts currently rate PFSI with a “Hold” and an average target price of $139.71.

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