Share on StockTwits

Imperial Holdings (NYSE:IFT) Director Phillip Goldstein bought 1,400 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was purchased at an average cost of $6.59 per share, with a total value of $9,226.00. Following the transaction, the director now directly owns 94,554 shares of the company’s stock, valued at approximately $623,111. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Imperial Holdings (NYSE:IFT) traded down 2.03% during mid-day trading on Tuesday, hitting $6.75. 27,840 shares of the company’s stock traded hands. Imperial Holdings has a 1-year low of $4.71 and a 1-year high of $7.21. The stock’s 50-day moving average is $6.74 and its 200-day moving average is $6.37. The company has a market cap of $144.2 million and a P/E ratio of 12.13.

Imperial Holdings (NYSE:IFT) last issued its quarterly earnings data on Wednesday, July 30th. The company reported ($0.30) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.15 by $0.45. On average, analysts predict that Imperial Holdings will post $0.09 earnings per share for the current fiscal year.

Imperial Holdings, Inc (NYSE:IFT) is a specialty finance company with a focus on providing premium financing for individual life insurance policies issued by insurance companies and purchasing structured settlements backed by annuities issued by insurance companies or their affiliates.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.