Imperial Holdings (NYSE:IFT) Director Phillip Goldstein purchased 13,177 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were purchased at an average cost of $6.37 per share, with a total value of $83,937.49. Following the completion of the purchase, the director now directly owns 72,395 shares of the company’s stock, valued at approximately $461,156. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Imperial Holdings (NYSE:IFT) traded up 0.48% on Wednesday, hitting $6.33. The stock had a trading volume of 135,226 shares. Imperial Holdings has a 52 week low of $4.71 and a 52 week high of $7.58. The stock’s 50-day moving average is $6.50 and its 200-day moving average is $6.23. The company has a market cap of $135.1 million and a price-to-earnings ratio of 2.02.
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.
Imperial Holdings (NYSE:IFT) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.05 by $0.06. Analysts expect that Imperial Holdings will post $1.41 EPS for the current fiscal year.
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