Impac Mortgage Holdings Inc. (NYSEMKT:IMH) major shareholder Richard H/ Pickup acquired 37,214 shares of the business’s stock in a transaction on Tuesday, September 20th. The shares were bought at an average cost of $13.23 per share, for a total transaction of $492,341.22. Following the acquisition, the insider now owns 100,000 shares of the company’s stock, valued at approximately $1,323,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Richard H/ Pickup also recently made the following trade(s):
- On Friday, September 16th, Richard H/ Pickup bought 300,000 shares of Impac Mortgage Holdings stock. The stock was acquired at an average cost of $13.00 per share, for a total transaction of $3,900,000.00.
- On Wednesday, August 17th, Richard H/ Pickup bought 12,786 shares of Impac Mortgage Holdings stock. The stock was acquired at an average cost of $15.74 per share, for a total transaction of $201,251.64.
- On Wednesday, June 29th, Richard H/ Pickup bought 15,300 shares of Impac Mortgage Holdings stock. The stock was acquired at an average cost of $14.98 per share, for a total transaction of $229,194.00.
Impac Mortgage Holdings Inc. (NYSEMKT:IMH) opened at 13.40 on Tuesday. The firm has a market capitalization of $167.92 million, a PE ratio of 3.95 and a beta of 0.91. The stock has a 50 day moving average of $15.74 and a 200-day moving average of $15.21. Impac Mortgage Holdings Inc. has a one year low of $11.51 and a one year high of $24.22.
Impac Mortgage Holdings (NYSEMKT:IMH) last released its quarterly earnings results on Friday, July 29th. The company reported $0.92 earnings per share for the quarter. On average, equities analysts predict that Impac Mortgage Holdings Inc. will post $4.35 EPS for the current year.
Impac Mortgage Holdings Company Profile
Impac Mortgage Holdings, Inc is an independent residential mortgage lender. The Company operates through three segments: Mortgage Lending, Real Estate Services and Long-Term Mortgage Portfolio. It originates, sells and services conventional, conforming agency and Government insured residential mortgage loans.
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