Joseph F. Mazzella net worth and biography

Joseph Mazzella Biography and Net Worth

Mr. Mazzella has been a member of our Board since our formation in December 2012. Mr. Mazzella retired in March 2017 after serving as the managing director and the general counsel of Highfields Capital Management LP, or Highfields, an investment management firm, which he joined in 2002. Prior to joining Highfields, Mr. Mazzella was a partner at the law firm of Nutter, McClennen & Fish, L.L.P., in Boston, Massachusetts. Prior to private practice, he was an attorney at the Securities and Exchange Commission from 1978 to 1980, and previously served as a law clerk in the Superior Court of the District of Columbia. Mr. Mazzella has served on multiple public company boards of directors, including Alliant Techsystems, Inc. and Data Transmission Networks Corporation, and he served as chairman of the board of Insurance Auto Auctions, Inc. Mr. Mazzella received a B.A. from City College of New York and a JD from Rutgers University School of Law.

What is Joseph F. Mazzella's net worth?: The estimated net worth of Joseph F. Mazzella is at least $14.36 million as of December 18th, 2023. Mr. Mazzella owns 165,031 shares of PennyMac Financial Services stock worth more than $14,359,347 as of April 27th. This net worth estimate does not reflect any other investments that Mr. Mazzella may own. Learn More about Joseph F. Mazzella's net worth.
How do I contact Joseph F. Mazzella?: The corporate mailing address for Mr. Mazzella 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]. Learn More on Joseph F. Mazzella's contact information.
Has Joseph F. Mazzella been buying or selling shares of PennyMac Financial Services?: Joseph F. Mazzella has not been actively trading shares of PennyMac Financial Services during the last ninety days. Most recently, Joseph F. Mazzella sold 12,000 shares of the business's stock in a transaction on Monday, December 18th. The shares were sold at an average price of $88.69, for a transaction totalling $1,064,280.00. Following the completion of the sale, the director now directly owns 165,031 shares of the company's stock, valued at $14,636,599.39. Learn More on Joseph F. Mazzella's trading history.
Who are PennyMac Financial Services' active insiders?: PennyMac Financial Services' insider roster includes Steven Bailey (Insider), William Chang (Senior Managing Director and Chief Investment Officer), Vandad Fartaj (CIO), James Follette (SENIOR MANAGING DIRECTOR AND CHIEF MORTGAGE OPERATIONS OFFICER), Gregory Hendry (CAO), James Hunt (Director), Doug Jones (Director), Patrick Kinsella (Director), Joseph Mazzella (Director), Anne Mccallion (Director), Farhad Nanji (Director), Daniel Perotti (CFO), David Spector (CEO), Derek Stark (Insider), and Donald White (Senior Managing Director and Chief Risk Officer). Learn More on PennyMac Financial Services' active insiders.
Are insiders buying or selling shares of PennyMac Financial Services?: In the last year, insiders at the real estate investment trust sold shares 32 times. They sold a total of 511,239 shares worth more than $39,444,463.31. The most recent insider tranaction occured on April, 9th when CEO David Spector sold 10,000 shares worth more than $907,200.00. Insiders at PennyMac Financial Services own 17.4% of the company. Learn More about insider trades at PennyMac Financial Services.
Information on this page was last updated on 4/9/2024.

Joseph F. Mazzella Insider Trading History at PennyMac Financial Services

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/18/2023	Sell	12,000	$88.69	$1,064,280.00	165,031
12/14/2022	Sell	40,000	$58.67	$2,346,800.00	177,031
12/12/2022	Sell	30,000	$57.56	$1,726,800.00	145,479
9/15/2022	Sell	13,000	$54.87	$713,310.00	174,891
7/19/2022	Sell	14,295	$50.10	$716,179.50	337,036
5/26/2022	Sell	13,000	$50.12	$651,560.00	351,331
10/1/2020	Sell	18,000	$58.28	$1,049,040.00
9/1/2020	Sell	18,000	$52.92	$952,560.00
8/3/2020	Sell	18,000	$48.35	$870,300.00
7/1/2020	Sell	18,000	$41.56	$748,080.00
6/1/2020	Sell	18,000	$34.29	$617,220.00
4/9/2020	Sell	9,232	$27.07	$249,910.24
3/2/2020	Sell	18,000	$35.59	$640,620.00
1/15/2020	Sell	18,000	$33.96	$611,280.00

Joseph F. Mazzella Buying and Selling Activity at PennyMac Financial Services

PennyMac Financial Services Company Overview

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan servicing for both newly originated loans that are under holding for sale and loans services for others. The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; counsels delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. 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. The company was founded in 2008 and is headquartered in Westlake Village, California.

Today's Range

Now: $87.01

$85.37

$87.34

50 Day Range

MA: $87.83

$83.87

$92.77

2 Week Range

Now: $87.01

$56.16

$94.78

Volume

487,854 shs

Average Volume

243,849 shs

Market Capitalization

$4.39 billion

P/E Ratio

30.21

Dividend Yield

0.87%

Beta

1.67

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