Impac Mortgage Holdings Inc. (NYSEMKT:IMH) major shareholder Richard H/ Pickup acquired 300,000 shares of the company’s stock in a transaction on Friday, September 16th. The shares were bought at an average cost of $13.00 per share, with a total value of $3,900,000.00. Following the acquisition, the insider now directly owns 100,000 shares in the company, valued at $1,300,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 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 Wednesday, August 17th, Richard H/ Pickup acquired 12,786 shares of Impac Mortgage Holdings stock. The shares were bought at an average cost of $15.74 per share, with a total value of $201,251.64.
  • On Wednesday, June 29th, Richard H/ Pickup bought 15,300 shares of Impac Mortgage Holdings stock. The shares were acquired at an average price of $14.98 per share, for a total transaction of $229,194.00.
  • On Friday, June 24th, Richard H/ Pickup bought 13,900 shares of Impac Mortgage Holdings stock. The shares were acquired at an average price of $15.00 per share, for a total transaction of $208,500.00.

Shares of Impac Mortgage Holdings Inc. (NYSEMKT:IMH) opened at 13.14 on Wednesday. Impac Mortgage Holdings Inc. has a 12 month low of $11.51 and a 12 month high of $24.22. The stock has a market capitalization of $164.66 million, a PE ratio of 3.87 and a beta of 0.91. The stock’s 50 day moving average is $16.19 and its 200 day moving average is $15.22.

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Impac Mortgage Holdings (NYSEMKT:IMH) last issued its quarterly earnings results on Friday, July 29th. The company reported $0.92 earnings per share for the quarter. Analysts anticipate that Impac Mortgage Holdings Inc. will post $4.35 earnings per share for the current fiscal 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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