Velocity Financial CFO Szczepaniak sells $36,000 stock
CFO of Velocity Financial, Mark R. Szczepaniak, sold 2,000 shares of the company's common stock on November 5, 2026, for a total of $36,000. The shares were sold at a price of $18.00 per share. Following the sale, Szczepaniak directly holds 101,535 shares of Velocity Financial common stock and indirectly holds 62,400 shares through a family trust.
Despite the recent sale, VEL stock has surged 12% over the past week, though the company trades at a modest P/E ratio of 6.29. Velocity Financial reported impressive third-quarter 2026 results, surpassing expectations with core diluted earnings per share of $0.76 and revenue of $102.68 million.
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