2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. boosted its stake in shares of IMAX Co. ( NYSE:IMAX – Free Report ) by 57,406.
3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,206 shares of the company’s stock after buying an additional 55,110 shares during the quarter. Russell Investments Group Ltd.
’s holdings in IMAX were worth $1,413,000 as of its most recent SEC filing. A number of other institutional investors have also recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its position in IMAX by 45.
4% during the fourth quarter. Wells Fargo & Company MN now owns 624,510 shares of the company’s stock valued at $15,987,000 after acquiring an additional 194,917 shares during the last quarter. Vanguard Group Inc.
grew its stake in IMAX by 11.0% during the fourth quarter. Vanguard Group Inc.
now owns 612,115 shares of the company’s stock worth $15,670,000 after purchasing an additional 60,762 shares during the period. Geode Capital Management LLC increased its holdings in IMAX by 1.2% in the fourth quarter.
Geode Capital Management LLC now owns 498,135 shares of the company’s stock worth $12,752,000 after purchasing an additional 5,826 shares in the last quarter. Pier Capital LLC boosted its holdings in shares of IMAX by 132.6% during the 4th quarter.
Pier Capital LLC now owns 478,760 shares of the company’s stock worth $12,256,000 after buying an additional 272,949 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of IMAX in the 4th quarter valued at $9,143,000.
Institutional investors own 93.51% of the company’s stock. IMAX Stock Up 3.
2 % IMAX stock opened at $22.47 on Monday. The business has a 50 day moving average of $25.
03 and a 200-day moving average of $24.23. The firm has a market cap of $1.
19 billion, a PE ratio of 45.85, a P/E/G ratio of 1.49 and a beta of 0.
91. IMAX Co. has a 12-month low of $14.
94 and a 12-month high of $27.77. Analyst Ratings Changes A number of research firms have commented on IMAX.
StockNews.com cut shares of IMAX from a “buy” rating to a “hold” rating in a report on Thursday, March 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $35.
00 price target on shares of IMAX in a research note on Thursday, April 10th. Wells Fargo & Company raised their price objective on IMAX from $26.00 to $32.
00 and gave the company an “overweight” rating in a research note on Thursday, February 20th. Wedbush reissued an “outperform” rating and issued a $32.00 price target on shares of IMAX in a research report on Thursday.
Finally, Benchmark restated a “buy” rating and set a $30.00 price objective on shares of IMAX in a report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company.
According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $30.56. Check Out Our Latest Stock Report on IMAX IMAX Company Profile ( Free Report ) IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide.
The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies. Featured Stories Want to see what other hedge funds are holding IMAX? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for IMAX Co. ( NYSE:IMAX – Free Report ). Receive News & Ratings for IMAX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMAX and related companies with MarketBeat.
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