Prescott Group Boosts Stake in PennyMac Financial Services Amid Mortgage Market Volatility

Prescott Group Capital Management increased its stake in PennyMac Financial Services by purchasing 109,948 shares during the first quarter of 2026 for an estimated $11.82 million based on average quarterly prices. The position is now valued at $12.76 million as of March 31, representing a net change in value of $8.01 million due to both share purchases and price fluctuations.

By Jonathan Ponciano · Motley Fool ·

Prescott Group Boosts Stake in PennyMac Financial Services Amid Mortgage Market Volatility

Tickers: $PFSI

Topics: 13F filing PennyMac Financial Services Prescott Group Capital Management

Read the full article at Motley Fool

More World news