83,080 Shares in IMAX Corporation $IMAX Bought by Chase Investment Counsel Corp

Posted by Francis Steltz on May 18th, 2026

Chase Investment Counsel Corp acquired a new position in shares of IMAX Corporation (NYSE:IMAX – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 83,080 shares of the company’s stock, valued at approximately $3,070,000.

Several other hedge funds have also added to or reduced their stakes in IMAX. AQR Capital Management LLC raised its stake in IMAX by 47.9% during the 1st quarter. AQR Capital Management LLC now owns 56,348 shares of the company’s stock worth $1,485,000 after buying an additional 18,238 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in IMAX by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,486 shares of the company’s stock worth $672,000 after buying an additional 1,091 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in IMAX by 7.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,714 shares of the company’s stock worth $4,208,000 after buying an additional 11,736 shares during the period. Creative Planning raised its stake in IMAX by 84.1% during the 2nd quarter. Creative Planning now owns 16,081 shares of the company’s stock worth $450,000 after buying an additional 7,344 shares during the period. Finally, Norges Bank acquired a new stake in IMAX during the 2nd quarter worth $709,000. Institutional investors and hedge funds own 93.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on IMAX shares. Benchmark lifted their price target on IMAX from $42.00 to $44.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Wedbush reissued an “outperform” rating and issued a $46.00 price target on shares of IMAX in a research note on Thursday, April 23rd. Barrington Research lifted their price target on IMAX from $42.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Seaport Research Partners lifted their price target on IMAX from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, April 8th. Finally, The Goldman Sachs Group lifted their price target on IMAX from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.89.

Read Our Latest Research Report on IMAX

IMAX Price Performance

IMAX opened at $33.57 on Monday. The business’s 50-day moving average price is $37.31 and its two-hundred day moving average price is $36.65. IMAX Corporation has a 1 year low of $24.20 and a 1 year high of $43.16. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 51.65, a P/E/G ratio of 1.19 and a beta of 0.37.

IMAX (NYSE:IMAX – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. IMAX had a return on equity of 13.61% and a net margin of 9.08%.The business had revenue of $81.38 million for the quarter, compared to the consensus estimate of $79.82 million. During the same quarter in the previous year, the business earned $0.13 earnings per share. IMAX’s quarterly revenue was down 6.1% on a year-over-year basis. Sell-side analysts anticipate that IMAX Corporation will post 1.34 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Kevin Douglas sold 330,200 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $37.82, for a total transaction of $12,488,164.00. Following the sale, the insider owned 3,657,450 shares in the company, valued at $138,324,759. This represents a 8.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Richard L. Gelfond sold 135,046 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $37.82, for a total value of $5,107,439.72. Following the completion of the sale, the chief executive officer directly owned 765,002 shares of the company’s stock, valued at approximately $28,932,375.64. The trade was a 15.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 1,054,284 shares of company stock valued at $40,062,532. Corporate insiders own 20.55% of the company’s stock.

About IMAX

(Free Report)

IMAX Corporation is a global leader in immersive entertainment technologies, specializing in the design, manufacture and distribution of high-resolution cameras, projectors, and proprietary software solutions that enhance both film production and theatrical exhibition. The company licenses its premium large-format system to theatre owners and filmmakers around the world, enabling audiences to experience movies with greater clarity, scale and sound fidelity. IMAX also offers turnkey theatre development services, assisting cinema operators with auditorium design, installation and custom branding to optimize the customer experience.

Founded in 1967 and headquartered in Mississauga, Ontario, IMAX has built a reputation for pioneering film-format innovations, including its patented dual 15-perforation, 70-millimeter projection system.