Imax Corp’s recently made public that its Officer Richard Gelfond acquired Company’s shares for reported $2.71 million on May 19 ’25. In the deal valued at $27.14 per share,100,000 shares were bought.
Then, GELFOND RICHARD L sold 100,000 shares, generating $2,711,440 in total proceeds. Upon selling the shares at $27.11, the Chief Executive Officer now owns 604,599 shares.
Before that, Demirian Eric A sold 23,000 shares. Imax Corp shares valued at $616,630 were divested by the Director at a price of $26.81 per share. As a result of the transaction, Demirian Eric A now holds 35,007 shares, worth roughly $0.95 million.
A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. Barrington Research also remained covering IMAX and reiterated its “an Outperform” recommendation on April 21, 2023. B. Riley Securities maintained its rating on December 05, 2022. It rated IMAX as “a Buy”.
Price Performance Review of IMAX
On Monday, Imax Corp [NYSE:IMAX] saw its stock fall -0.33% to $27.14. Over the last five days, the stock has gained 4.67%. Imax Corp shares have risen nearly 6.02% since the year began. Nevertheless, the stocks have risen 54.03% over the past one year. While a 52-week high of $27.77 was reached on 02/21/25, a 52-week low of $14.94 was recorded on 04/11/25.
How much short interest is there in Imax Corp?
A steep rise in short interest was recorded in Imax Corp stocks on 2025-04-30, growing by 1.19 million shares to a total of 5.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 4.79 million shares. There was a rise of 19.87%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 12, 2022 when B. Riley Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $20.
