Imperial Holdings (IFT) operates as a specialty finance company in the United States.
Insider buying during the last 30 days
Here is a table of Imperial Holdings' insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Rule 10b5-1||Current Ownership||Increase In Shares|
|Richard Dayan||Director||March 24||5,000||No||20,381 shares||+32.5%|
|James Chadwick||Director||March 20||1,800||No||5,181 shares||+53.2%|
|Antony Mitchell||CEO||March 13||35,000||No||719,334 shares||+5.1%|
|Gerald Hellerman||Director||March 13||5,000||No||30,809 shares||+19.4%|
There have been 46,800 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of Imperial Holdings' insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 46,800 shares purchased, and there have been zero shares sold by insiders since January 2013. The month of March 2014 has seen all of the insider buying.
Imperial Holdings reported the full-year 2013 financial results on March 10 with the following highlights:
|Net income||$51.8 million|
|Book value||$9.11 per share|
The four insiders purchased their shares after these results.
|Qtrly Rev Growth (yoy):||N/A||0.05||0.73|
Imperial Holdings has the lowest P/E ratio among these three companies.
Here is a table of these competitors' insider activities during the last 12 months.
|Company||Insider buying / shares||Insider selling / shares|
Only Imperial Holdings has seen intensive insider buying during the last 30 days.
There have been four different insiders buying Imperial Holdings, and there have not been any insiders selling Imperial Holdings during the last 30 days. Three of these four insiders increased their holdings by more than 10%. Imperial Holdings has an insider ownership of 15.40%.
The four insiders purchased their shares at prices ranging from $5.60 to $6.08. I believe Imperial Holdings could be a good pick below $6 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in IFT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.