Impac Mortgage Holdings, Inc. (NYSEAMERICAN:IMH) major shareholder Thomas B. Akin sold 9,142 shares of the stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $1.50, for a total transaction of $13,713.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
IMH stock opened at $1.37 on Friday. Impac Mortgage Holdings, Inc. has a 12 month low of $1.10 and a 12 month high of $8.03.
Impac Mortgage (NYSEAMERICAN:IMH) last released its quarterly earnings results on Thursday, August 6th. The company reported ($0.49) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.52). The firm had revenue of ($4.06) million for the quarter.
Impac Mortgage Company Profile
Impac Mortgage Holdings, Inc operates as an independent residential mortgage lender in the United States. It operates through three segments: Mortgage Lending, Real Estate Services, and Long-Term Mortgage Portfolio. The Mortgage Lending segment provides mortgage lending products through three lending channels, such as retail, wholesale, and correspondent and opportunistically retain mortgage servicing rights.
Further Reading: What is the Ex-Dividend Date in Investing?
Receive News & Ratings for Impac Mortgage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Impac Mortgage and related companies with MarketBeat.com's FREE daily email newsletter.