Imax Corp (NYSE:IMAX) CEO Greg Foster sold 4,889 shares of the business’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $20.40, for a total value of $99,735.60. Following the completion of the transaction, the chief executive officer now owns 77,604 shares in the company, valued at approximately $1,583,121.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Greg Foster also recently made the following trade(s):
- On Monday, December 11th, Greg Foster sold 3,566 shares of Imax stock. The stock was sold at an average price of $23.97, for a total value of $85,477.02.
Imax Corp (IMAX) opened at $20.65 on Monday. Imax Corp has a fifty-two week low of $17.58 and a fifty-two week high of $34.60. The stock has a market capitalization of $1,340.23, a P/E ratio of 62.58, a P/E/G ratio of 1.54 and a beta of 0.82.
Hedge funds have recently modified their holdings of the stock. Handelsinvest Investeringsforvaltning grew its holdings in Imax by 28.0% in the 4th quarter. Handelsinvest Investeringsforvaltning now owns 150,000 shares of the company’s stock worth $3,473,000 after buying an additional 32,800 shares in the last quarter. Cubist Systematic Strategies LLC grew its holdings in Imax by 98.4% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 56,251 shares of the company’s stock worth $1,274,000 after buying an additional 27,893 shares in the last quarter. Fox Run Management L.L.C. bought a new position in Imax in the 4th quarter worth approximately $521,000. JPMorgan Chase & Co. lifted its position in Imax by 2,410.8% in the third quarter. JPMorgan Chase & Co. now owns 149,543 shares of the company’s stock worth $3,454,000 after purchasing an additional 143,587 shares during the period. Finally, Cortina Asset Management LLC lifted its position in Imax by 13.0% in the third quarter. Cortina Asset Management LLC now owns 396,434 shares of the company’s stock worth $8,979,000 after purchasing an additional 45,706 shares during the period. 86.01% of the stock is owned by institutional investors and hedge funds.
Imax Company Profile
IMAX Corporation is an entertainment technology company. The Company operates through seven segments: IMAX systems; theater system maintenance; joint revenue sharing arrangements; film production and IMAX DMR; film distribution; film post-production, and other. The IMAX systems segment designs, manufactures, sells or leases IMAX theater projection system equipment.
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