Recent Insider Activity: Impac Mortgage Holdings, Inc. $IMH

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Impac Mortgage Holdings, Inc. (ARCA:IMH) insider have most recently took part in a trading activity. On Dec 20, 2017 Pickup Richard H/, 10% Owner bought 54,898 shares having total worth of $560,509 at the price of $10.21 per share, following the transaction a total of 5,095,465 shares owned by Pickup Richard H/. Before this latest buy, Pickup Richard H/ purchased IMH at 3 other times during the past twelve months, for a total investment of $261.4M at an average of $12.96 per share.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 buy trades. Furthermore, over the past 12 months , the stock was traded 9 times by insiders. an employee of the company was the buyer in 9 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 0 -25.81%
12 Month 9 0 -41.89%

Shares of Impac Mortgage Holdings, Inc. (ARCA:IMH) traded down 3.56% on Dec 20, 2017, hitting $10.03. 90,519 shares of the company’s stock traded hands. Impac Mortgage Holdings, Inc. has a 52 week low of $10.03 and a 52 week high of $17.94. The company’s market cap is $169 million.

Impac Mortgage Holdings, Inc. (ARCA:IMH) last announced its earnings results on Nov 8, 2017. The company reported 0.11 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.14 by $0.03. The company had revenue of $42 million for the quarter, compared to the consensus estimate of $41 million. During the same quarter in the previous year, the company posted 1.18 earnings per share. The company’s revenue for the quarter was down 60% on a year-over-year basis.

2017-11-08 2017-08-08 2017-05-09 2017-02-23 2016-11-02 2016-04-28 2016-02-18 2015-11-04 2015-08-06 2015-04-23
earnings per share 0.11 0.32 0.12 1.37 1.18 0.08 0.85 1.48 1.33 2.94
Revenue(M) 42.08 39.63 45.34 77.25 103.99 47.3 35.88 47.65 49.08 34.34

Impac Mortgage Holdings, Inc. is a Maryland corporation incorporated in August 1995. The Company operates as an independent residential mortgage lender. Its business is organized into three segments: Mortgage Lending, Real Estate Services and Long-Term Mortgage Portfolio. The Mortgage Lending segment originates, sells, and services residential mortgage loans eligible for sale to the government-sponsored enterprises or issuance of government securities through Ginnie Mae from retail, wholesale, and correspondent channels. The Real Estate Services segment provides loss mitigation and real estate services primarily on its long-term mortgage portfolio, including default surveillance, loan modification services, short sale services, real estate owned, surveillance and disposition services and monitoring, and reconciling and reporting services for residential and multifamily mortgage portfolios. The Long-Term Mortgage Portfolio segment manages the long-term mortgage portfolio, which consists of residual interests in the securitization trusts reflected as net trust assets and liabilities in the consolidated balance sheets to mitigate losses and maximize cash flows from residual interests. Its competitors include banks, thrifts, credit unions, real estate brokerage firms and mortgage brokers and mortgage banking companies.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.