IMPAC Mortgage Holdings Major Shareholder Purchases $70,928 in Stock (IMH)
IMPAC Mortgage Holdings (NYSE:IMH) major shareholder Todd Pickup purchased 12,229 shares of IMPAC Mortgage Holdings stock on the open market in a transaction that occurred on Friday, January 3rd. The stock was purchased at an average cost of $5.80 per share, with a total value of $70,928.20. Following the completion of the purchase, the insider now directly owns 84,029 shares of the company’s stock, valued at approximately $487,368. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
IMPAC Mortgage Holdings (NYSE:IMH) traded up 0.86% during mid-day trading on Tuesday, hitting $5.89. The stock had a trading volume of 221,654 shares. IMPAC Mortgage Holdings has a one year low of $4.66 and a one year high of $15.39. The stock’s 50-day moving average is $5.70 and its 200-day moving average is $8.3. The company’s market cap is $52.3 million.
Impac Mortgage Holdings, Inc (NYSE:IMH) operations include the mortgage and real estate fee-based business activities conducted by its subsidiaries: Integrated Real Estate Service Corporation (IRES), IMH Assets Corp.
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