PMT

Get An Even Better Deal On PMT Than Director Lynch Did

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on September 22, Pennymac Mortgage Investment Trust's Director, Catherine A. Lynch, invested $33,932.46 into 2,823 shares of PMT, for a cost per share of $12.02. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Friday, bargain hunters could buy shares of Pennymac Mortgage Investment Trust (Symbol: PMT) and achieve a cost basis 1.5% cheaper than Lynch, with shares changing hands as low as $11.84 per share. Pennymac Mortgage Investment Trust shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of PMT shares, versus its 200 day moving average:

Pennymac Mortgage Investment Trust Chart

Looking at the chart above, PMT's low point in its 52 week range is $11.7026 per share, with $14.925 as the 52 week high point — that compares with a last trade of $11.87. By comparison, below is a table showing the prices at which PMT insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
09/22/2025 Catherine A. Lynch Director 2,823 $12.02 $33,932.46

The current annualized dividend paid by Pennymac Mortgage Investment Trust is $1.6/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 10/10/2025. Below is a long-term dividend history chart for PMT, which can be of good help in judging whether the most recent dividend with approx. 13.1% annualized yield is likely to continue.

PMT+Dividend+History+Chart

Click here to find out which 9 other dividend bargains you can buy cheaper than insiders »

Also see:

• Cheap Industrials Stocks
• TPST YTD Return
• ECA Options Chain

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.