The President of IMAX Corp (NYSE: IMAX) is Selling Shares

By Carrie Williams

Today, the President of IMAX Corp (IMAXResearch Report), Mark Welton, sold shares of IMAX for $372.5K.

Following Mark Welton’s last IMAX Sell transaction on July 31, 2018, the stock climbed by 2.3%.

See today’s analyst top recommended stocks >>

IMAX’s market cap is $1.49B and the company has a P/E ratio of 67.27. Currently, IMAX Corp has an average volume of 608.5K.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $28.00, reflecting a 14.7% upside.

Mark Welton’s trades have generated a -10.0% 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.