Today it was reported that a Director at IMAX Corp (IMAX), David Leebron, exercised options to sell 14,949 IMAX shares at $19.95 a share, for a total transaction value of $331.6K. The options were close to expired and David Leebron disposed stocks.
In addition to David Leebron, 2 other IMAX executives reported Sell trades in the last month.
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IMAX’s market cap is $1.33B and the company has a P/E ratio of 58.69. Currently, IMAX Corp has an average volume of 597.4K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $29.25, reflecting a 37.5% upside.
The insider sentiment on IMAX Corp has been negative according to 33 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
David Leebron’s trades have generated a 17.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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IMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following four business segments: Network Business, Theater Business, New Business, and Other.
