Velocity Financial CFO sells $36,320 in company stock

CFO of Velocity Financial, Mark R. Szczepaniak, divested 2,000 shares of the company's stock on August 10, 2026. The sale amounted to $36,320, with shares traded at prices ranging from $18.11 to $18.22. This brought his direct ownership to 101,535 shares, of which 64,400 are held in a family trust. The sale occurred while the company traded at a P/E ratio of 6.56, deemed low by InvestingPro for its near-term earnings growth.

Velocity Financial's market cap was $717 million, with a 12.5% year-to-date decline. Despite the stock appearing slightly overvalued according to the Fair Value analysis, analysts had a positive outlook, with price targets ranging from $19 to $23.50. For further analysis, investors could reference the Pro Research Report on InvestingPro.

In recent news, the company reported its Q2 2026 earnings, showing a 1.4% increase in core net income to $27.9 million, a 3.2% decline in GAAP net income to $25.2 million, and a rise in diluted book value per share to $18.43. Pre-tax income grew by 3.9% to $35.2 million, with the stock price remaining steady in after-hours trading.