Impac Mortgage Holdings Inc (IMH) Files Form 4 Insider Buying : Richard H/ Pickup Buys 55,000 Shares

Impac Mortgage Holdings Inc (IMH): Richard H/ Pickup , 10% owner of Impac Mortgage Holdings Inc purchased 55,000 shares on Jun 7, 2016. The Insider buying transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.08 per share for a total value of $775,574.56 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Richard H/ Pickup (10% owner) purchased 25,000 shares at $14.07 per share price.On Apr 12, 2016, Todd M Pickup (10% owner) purchased 5,354 shares at $13.44 per share price.Also, On Sep 29, 2015, James Walsh (director) sold 5,000 shares at $17.45 per share price.On Aug 11, 2015, Trust, Dated May 31, 2011 Rhp (10% owner) purchased 10,000 shares at $16.06 per share price.

Shares of IMPAC Mortgage Holdings Inc (IMH) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.35% at $14.19 with 47,526 shares getting traded. Post opening the session at $14.12, the shares hit an intraday low of $14.11 and an intraday high of $14.26 and the price vacillated in this range throughout the day. The company has a market cap of $175 M and the number of outstanding shares has been calculated to be 1,23,22,522 shares. The 52-week high of IMPAC Mortgage Holdings Inc is $24.4399 and the 52-week low is $11.506.

IMPAC Mortgage Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.IMPAC Mortgage Holdings Inc is Initiated by JMP Securities to Mkt Perform. The Rating was issued on Apr 8, 2016.

Impac Mortgage Holdings Inc. is a residential mortgage lender. The Company operates through three business segments: Mortgage Lending Real Estate Services and Long-Term Mortgage Portfolio. The Mortgage Lending segment originate sell and service conventional conforming agency and Government insured residential mortgage loans originated or acquired through its three channels: correspondent wholesale and retail. The Real Estate Services segment provide loss mitigation and real estate services on its long-term mortgage portfolio including default surveillance loan modification services short sale services real estate owned surveillance and disposition services and monitoring reconciling and reporting services for residential and multifamily mortgage portfolios. The Long-Term Mortgage Portfolio segment manages long-term mortgage portfolio that include residual interests in the securitization trusts reflected as trust assets and liabilities in its consolidated balance sheets.

Leave a Reply

IMPAC Mortgage Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on IMPAC Mortgage Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.