{
  "id": 1234611,
  "title": "Velocity Financial CFO sells $36,320 in company stock",
  "url": "https://urgent.news/2026/08/16/velocity-financial-cfo-sells-36-320-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T07:45:58.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/velocity-financial-cfo-sells-36320-in-company-stock-93CH-4861938"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Travel & leisure co. CFO Michael Brown sells $15,800 of stock",
        "url": "https://urgent.news/2026/08/16/travel-leisure-co-cfo-michael-brown-sells-15-800-of-stock",
        "published": "2026-08-16T07:31:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}