{
  "id": 4992682,
  "title": "Velocity financial CLO Roland Kelly sells $28,800 in shares",
  "url": "https://urgent.news/2026/09/02/velocity-financial-clo-roland-kelly-sells-28-800-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T02:15:53.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/velocity-financial-clo-roland-kelly-sells-28800-in-shares-93CH-4885262"
  },
  "original_language": "en",
  "account": "Roland Thomas Kelly, Chief Legal Officer and General Counsel at Velocity Financial, Inc., divested 1,600 shares of the company's common stock on September 1, 2026. This sale amounted to $28,800, with each share priced at $18.00. Following this transaction, Mr. Kelly retains ownership of 98,139 shares of Velocity Financial common stock. The insider sale occurs as VEL's stock trades at a P/E ratio of 6.55, which is deemed attractive by InvestingPro data relative to upcoming earnings growth. Velocity Financial maintains a good financial health score, with analysts setting price targets ranging from $19 to $23.50, indicating potential upside from current levels. The company has also shared its second-quarter 2026 results, which displayed solid performance. Core net income grew by 1.4% year over year, reaching $27.9 million, and pre-tax income increased by 3.9%, totaling $35.2 million. However, GAAP net income declined by 3.2% to $25.2 million, mainly due to a higher tax rate. The diluted book value per share rose to $18.43, indicating a positive trend. Despite the dip in GAAP net income, the overall results suggest steady growth. Investors and analysts are expected to closely monitor Velocity Financial's future performance based on these recent figures.",
  "summary": null,
  "key_points": [
    "Roland Kelly sold 1,600 shares of Velocity Financial at $18 per share on September 1, 2026.",
    "This transaction generated $28,800, reducing his ownership to 98,139 shares.",
    "Analysts see VEL's stock as attractive with a P/E ratio of 6.55 and potential upside."
  ],
  "editors_take": "The sale of shares by Velocity Financial's Chief Legal Officer suggests a potential insider perspective on the company's near-term prospects, despite the firm's reported solid second-quarter performance and positive financial trends.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}