Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Imax Corp shares valued at $2,714,000 were purchased by Richard Gelfond on May 19 ’25. At $27.14 per share, Richard Gelfond acquired 100,000 shares.
Also, GELFOND RICHARD L sold 100,000 shares, netting a total of over 2,711,440 in proceeds. Following the sale of shares at $27.11 each, the insider now holds 604,599 shares.
Before that, Demirian Eric A had sold 23,000 shares from its account. In a trade valued at $616,630, the Director traded Imax Corp shares for $26.81 each. Upon closing the transaction, the insider’s holdings decreased to 23,000 shares, worth approximately $0.96 million.
Analysts at Seaport Research Partners started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of April 21, 2023, Barrington Research has reiterated its “an Outperform” rating for IMAX. Earlier on December 05, 2022, B. Riley Securities resumed its rating. Their recommendation was “a Buy” for IMAX stock.
Analyzing IMAX Stock Performance
On last trading session,, Imax Corp [NYSE: IMAX] rose 2.42% to $27.54. The stock’s lowest price that day was $27.015, but it reached a high of $27.725 in the same session. During the last five days, there has been a drop of approximately -5.68%. Over the course of the year, Imax Corp shares have jumped approximately 59.65%. Shares of the company reached a 52-week high of $29.66 on 06/13/25 and a 52-week low of $20.48 on 04/11/25.
Support And Resistance Levels for Imax Corp (IMAX)
According to the 24-hour chart, there is a support level at 27.13, which, if violated, would cause prices to drop to 26.71. In the upper region, resistance lies at 27.84. The next price resistance is at 28.14. RSI (Relative Strength Index) is 50.08 on the 14-day chart, showing neutral technical sentiment.
Is Imax Corp subject to short interest?
Stocks of Imax Corp saw a sharp steep in short interest on 2025-06-13 dropping by -1.36 million shares to 4.32 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.68 million shares. A decline of -31.56% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.86 of the overall float, the days-to-cover ratio (short ratio) decline to 5.86.
Which companies own the most shares of Imax Corp (IMAX)?
In terms of Imax Corp share price expectations, FactSet research, analysts set an average price target of 24 in the next 12 months, down nearly -10.75% from the previous closing price of $26.89. Analysts anticipate Imax Corp stock to reach 30 by 2025, with the lowest price target being 22. In spite of this, 7 analysts ranked Imax Corp stock as Buy at the end of 2025. On October 12, 2022, B. Riley Securities assigned a price target of “a Buy” to the stock and reiterated coverage with a $20.
