PennyMac Financial Services (PFSI)’s Stock Insider Transaction – David Walker Sells 10,000 Shares, Channeladvisor (ECOM) Has 1.17 Sentiment

June 20, 2017 - By Linda Rogers

Mr. David Walker, the Chief Risk Officer at Pennymac Financial Services Inc has a few days ago been linked with a trade of 10,000 shares of the stock exchange listed company, valued at $16.6 per share. The transaction amounted to a total value of of $166,020 U.S Dollars. It seems he is very active lately as in the last month, he quietly unloaded additional 20,000 shares of the company, worth $324,711 USD. This stocks unloading decreased his ownership of the Company to 0.07% stock market capitalization or 17,117 shares.

Channeladvisor Corporation is a provider of Software as a service solutions. The company has market cap of $301.53 million. The Company’s SaaS solutions enable retailer and branded maker clients to integrate, manage and optimize their merchandise sales via hundreds of online channels. It currently has negative earnings. The Company’s platform enable its clients to connect with new and existing sources of demand for their products, including e-commerce marketplaces, such as Amazon, eBay, Jet.com, Newegg, Sears and Walmart, search engines and comparison shopping Websites, such as Google, Microsoft’s Bing and Nextag, and social channels, such as Facebook, Instagram and Pinterest.

Since December 21, 2016, it had 0 insider purchases, and 32 selling transactions for $3.81 million activity. Shares for $81,277 were sold by Fartaj Vandad on Monday, April 10. $164,640 worth of stock was sold by Walker David M on Wednesday, January 25. $165,050 worth of PennyMac Financial Services Inc (NYSE:PFSI) shares were sold by Grogin Jeffrey. Hendry Gregory L sold $3,276 worth of stock or 182 shares. On Tuesday, May 23 MCCALLION ANNE sold $82,610 worth of PennyMac Financial Services Inc (NYSE:PFSI) or 5,000 shares. $162,603 worth of PennyMac Financial Services Inc (NYSE:PFSI) was sold by Jones Doug on Wednesday, April 5. Perotti Daniel Stanley also sold $73,664 worth of PennyMac Financial Services Inc (NYSE:PFSI) shares.

Investors sentiment increased to 1.92 in Q4 2016. Its up 0.77, from 1.15 in 2016Q3. It is positive, as 8 investors sold PennyMac Financial Services Inc shares while 18 reduced holdings. 12 funds opened positions while 38 raised stakes. 20.34 million shares or 0.90% more from 20.16 million shares in 2016Q3 were reported. Blackrock Fund reported 323,639 shares. Petrus Tru Co Lta holds 12,760 shares or 0.05% of its portfolio. California State Teachers Retirement System reported 0% of its portfolio in PennyMac Financial Services Inc (NYSE:PFSI). Three Corner Global Invsts L P reported 232,114 shares or 1.52% of all its holdings. Numeric Invsts Limited Liability Company reported 177,500 shares. Dimensional Fund Advsr Limited Partnership has invested 0% in PennyMac Financial Services Inc (NYSE:PFSI). Geode Capital Ltd Liability Company accumulated 139,047 shares or 0% of the stock. Td Asset Management holds 0% or 13,600 shares. Greenwich holds 2.8% of its portfolio in PennyMac Financial Services Inc (NYSE:PFSI) for 164,899 shares. Loomis Sayles And L P has invested 0% of its portfolio in PennyMac Financial Services Inc (NYSE:PFSI). Millennium Mngmt Limited Liability Com holds 0.01% in PennyMac Financial Services Inc (NYSE:PFSI) or 291,391 shares. 4,300 are owned by Prelude Cap Ltd Liability Company. Barclays Public Ltd Co accumulated 585 shares or 0% of the stock. Moreover, Chicago Equity Prtn Limited Liability Company has 0.08% invested in PennyMac Financial Services Inc (NYSE:PFSI). Susquehanna Group Inc Llp holds 57,976 shares or 0% of its portfolio.

Among 10 analysts covering PennyMac Financial Services (NYSE:PFSI), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. PennyMac Financial Services has $21 highest and $14 lowest target. $16.86’s average target is 0.66% above currents $16.75 stock price. PennyMac Financial Services had 15 analyst reports since December 10, 2015 according to SRatingsIntel. Bank of America downgraded the stock to “Underperform” rating in Thursday, December 15 report. The rating was maintained by Wood on Friday, April 7 with “Buy”. Nomura initiated the stock with “Buy” rating in Wednesday, October 26 report. Barclays Capital initiated the stock with “Overweight” rating in Thursday, December 10 report. The stock has “Buy” rating by Citigroup on Thursday, August 4. The stock of PennyMac Financial Services Inc (NYSE:PFSI) earned “Neutral” rating by Bank of America on Wednesday, September 28. Goldman Sachs downgraded the stock to “Neutral” rating in Wednesday, January 13 report. The firm has “Neutral” rating by Compass Point given on Wednesday, September 28. JMP Securities downgraded the stock to “Mkt Perform” rating in Wednesday, February 8 report. The rating was reinitiated by Piper Jaffray with “Overweight” on Friday, September 9.

The stock increased 1.21% or $0.2 during the last trading session, reaching $16.75. About shares traded. PennyMac Financial Services Inc (NYSE:PFSI) has risen 22.47% since June 20, 2016 and is uptrending. It has outperformed by 5.77% the S&P500.

PennyMac Financial Services, Inc. is a financial services company. The company has market cap of $1.29 billion. The Firm is focused on the production and servicing of the United States residential mortgage loans and the management of investments related to the United States mortgage market. It has a 17.93 P/E ratio. The Firm operates through three divisions: loan production, loan servicing and investment management.

Millrace Asset Group Inc. holds 1.79% of its portfolio in ChannelAdvisor Corp for 114,450 shares. Archon Capital Management Llc owns 67,030 shares or 1.65% of their US portfolio. Moreover, Diker Management Llc has 1.07% invested in the company for 175,466 shares. The New York-based Awm Investment Company Inc. has invested 1.04% in the stock. Arrowpoint Asset Management Llc, a Colorado-based fund reported 4.10 million shares.

It closed at $11.6 lastly. It is down 1.12% since June 20, 2016 and is downtrending. It has underperformed by 17.82% the S&P500.

Since January 1, 0001, it had 1 insider purchase, and 2 selling transactions for $1.14 million activity.

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