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David A. Spector Insider Alerts

Get notified the next time David A. Spector buys or sells PennyMac Financial Services stock. Enter your email address below to get our daily insider buying and selling report.

David A. Spector Insider Information



David A. Spector has been President and Chief Executive Officer of PennyMac Financial Services, Inc. (NYSE: PFSI) since January 2017, and he has been a member of PennyMac Financial’s board of directors since the company’s formation in January 2008. Previously, Mr. Spector served as PennyMac Financial’s President and Chief Operating Officer.

Mr. Spector also serves as President and Chief Executive Officer of PennyMac Mortgage Investment Trust (NYSE: PMT), and he has been a member of the PennyMac Mortgage Investment Trust board of directors since its formation in May 2009.

Prior to joining the company, Mr. Spector was co-head of global residential mortgages for Morgan Stanley, a global financial services firm, based in London. Before joining Morgan Stanley in 2006, Mr. Spector was the Senior Managing Director, Secondary Marketing, at Countrywide Financial Corporation, where he was employed from 1990 to 2006.

Mr. Spector earned a bachelor’s degree from the University of California, Los Angeles.

What is David A. Spector's net worth?

The estimated net worth of David A. Spector is at least $87.39 million as of July 17th, 2020. Mr. Spector owns 1,295,977 shares of PennyMac Financial Services stock worth more than $87,387,729 as of January 20th. This net worth estimate does not reflect any other assets that Mr. Spector may own. Learn More.

What is David A. Spector's salary?

As the CEO of PennyMac Financial Services, Inc., Mr. Spector earned a total compensation package of $12,375,328.00 in 2020. Mr. Spector earned a salary of $1,000,000.00, a bonus of $6,400,000.00, stock awards of $1,688,936.00, options awards of $3,204,163.00, and other compensation of $82,229.00.

How do I contact David A. Spector?

The corporate mailing address for Mr. Spector and other PennyMac Financial Services executives is 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361. PennyMac Financial Services can also be reached via phone at (818) 224-7442 and via email at [email protected]

Has David A. Spector been buying or selling shares of PennyMac Financial Services?

During the last ninety days, David A. Spector has sold $1,042,800.00 in shares of PennyMac Financial Services stock. Most recently, David Spector sold 15,000 shares of the business's stock in a transaction on Thursday, January 13th. The shares were sold at an average price of $69.52, for a transaction totalling $1,042,800.00.

Who are PennyMac Financial Services' active insiders?

PennyMac Financial Services' insider roster includes Anne Mccallion (Director), Farhad Nanji (Director), and David Spector (CEO).

Are insiders buying or selling shares of PennyMac Financial Services?

In the last year, PennyMac Financial Services insiders bought shares 26 times. They purchased a total of 2,770,815 shares worth more than $171,906,982.11. In the last year, insiders at the real estate investment trust sold shares 34 times. They sold a total of 1,036,165 shares worth more than $61,397,326.66. The most recent insider tranaction occured on January, 13th when CEO David Spector sold 15,000 shares worth more than $1,042,800.00. Insiders at PennyMac Financial Services own 12.9 % of the company.

Information on this page was last updated on 1/13/2022.

David A. Spector Insider Trading History at PennyMac Financial Services

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/13/2022Sell15,000$69.52$1,042,800.00View SEC Filing Icon  
12/6/2021Sell15,000$69.22$1,038,300.00View SEC Filing Icon  
11/18/2021Sell15,000$62.28$934,200.00View SEC Filing Icon  
10/20/2021Sell15,000$67.51$1,012,650.00View SEC Filing Icon  
8/9/2021Sell15,000$68.34$1,025,100.00View SEC Filing Icon  
7/15/2021Sell15,000$59.36$890,400.00View SEC Filing Icon  
6/22/2021Sell15,000$62.98$944,700.00View SEC Filing Icon  
6/8/2021Sell15,000$61.99$929,850.00View SEC Filing Icon  
5/17/2021Sell15,000$60.94$914,100.00View SEC Filing Icon  
4/12/2021Sell15,000$58.62$879,300.00View SEC Filing Icon  
3/29/2021Sell15,000$65.88$988,200.00View SEC Filing Icon  
3/26/2021Sell15,000$64.78$971,700.00View SEC Filing Icon  
2/16/2021Sell15,000$66.84$1,002,600.00View SEC Filing Icon  
1/11/2021Sell15,000$57.25$858,750.00View SEC Filing Icon  
12/2/2020Sell15,000$59.60$894,000.00View SEC Filing Icon  
11/13/2020Sell30,000$56.34$1,690,200.00View SEC Filing Icon  
10/7/2020Sell15,000$59.76$896,400.00View SEC Filing Icon  
9/16/2020Sell15,000$58.45$876,750.00View SEC Filing Icon  
8/17/2020Sell15,000$49.35$740,250.00View SEC Filing Icon  
7/17/2020Sell15,000$43.54$653,100.001,295,977View SEC Filing Icon  
3/10/2020Sell6,040$36.42$219,976.80View SEC Filing Icon  
4/16/2019Sell39,940$22.60$902,644.00View SEC Filing Icon  
4/4/2018Sell67,829$23.02$1,561,423.58View SEC Filing Icon  
3/8/2018Sell9,233$24.45$225,746.85View SEC Filing Icon  
12/29/2017Sell10,416$22.31$232,380.96View SEC Filing Icon  
12/29/2017Sell10,416$22.31$232,380.96View SEC Filing Icon  
4/11/2017Sell15,624$16.51$257,952.24View SEC Filing Icon  
See Full Table

David A. Spector Buying and Selling Activity at PennyMac Financial Services

This chart shows David Spector's buying and selling at PennyMac Financial Services by year and by quarter.

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PennyMac Financial Services Company Overview

PennyMac Financial Services logo
PennyMac Financial Services, Inc. operates as a holding company. The firm engages in the production and servicing of U.S. residential mortgage loans. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment includes mortgage loan origination, acquisition, and sale activities. The Servicing segment offers servicing of originated mortgage loans and execution and management of early buyout transactions. The Investment Management segment consists of sourcing, performing diligence, bidding and closing investment asset acquisitions, managing correspondent production activities and managing the acquired assets. The company was founded by Stanford L. Kurland on July 2, 2008 and is headquartered in Westlake Village, CA.
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Today's Range

Now: $67.43
Low: $67.41
High: $69.02

50 Day Range

MA: $67.47
Low: $62.74
High: $70.57

2 Week Range

Now: $67.43
Low: $55.11
High: $71.52

Volume

436,573 shs

Average Volume

561,214 shs

Market Capitalization

$3.98 billion

P/E Ratio

3.78

Dividend Yield

1.17%

Beta

1.21
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