IMAX (NYSE:IMAX) CFO Sells 20,000 Shares

Posted by Geri Gentry on Aug 26th, 2026

IMAX Corporation (NYSE:IMAX – Get Free Report) CFO Natasha Fernandes sold 20,000 shares of IMAX stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $54.63, for a total value of $1,092,600.00. Following the sale, the chief financial officer directly owned 35,596 shares in the company, valued at approximately $1,944,609.48. This trade represents a 35.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

IMAX Price Performance

Shares of NYSE IMAX traded down $1.21 during midday trading on Wednesday, hitting $52.69. 745,830 shares of the company’s stock were exchanged, compared to its average volume of 1,196,576. IMAX Corporation has a twelve month low of $27.67 and a twelve month high of $55.57. The firm has a market cap of $2.89 billion, a P/E ratio of 73.18, a PEG ratio of 1.75 and a beta of 0.38. The stock’s 50 day moving average price is $45.11 and its 200-day moving average price is $40.45.

IMAX (NYSE:IMAX – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.30 by $0.13. The firm had revenue of $102.84 million for the quarter, compared to analysts’ expectations of $96.09 million. IMAX had a return on equity of 15.47% and a net margin of 9.84%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $0.26 EPS. On average, analysts expect that IMAX Corporation will post 1.49 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Wedbush lifted their price objective on shares of IMAX from $46.00 to $54.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Seaport Research Partners reiterated a “buy” rating and issued a $50.00 target price on shares of IMAX in a research report on Wednesday, June 24th. HC Wainwright reissued a “buy” rating on shares of IMAX in a research note on Friday, July 24th. Wall Street Zen downgraded shares of IMAX from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Wells Fargo & Company upped their price target on shares of IMAX from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, IMAX presently has a consensus rating of “Moderate Buy” and an average target price of $52.36.

View Our Latest Research Report on IMAX

Institutional Investors Weigh In On IMAX

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC bought a new position in shares of IMAX during the 3rd quarter valued at about $27,000. Quarry LP raised its holdings in shares of IMAX by 166.8% in the 4th quarter. Quarry LP now owns 875 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares in the last quarter. Torren Management LLC bought a new stake in shares of IMAX in the 4th quarter worth approximately $40,000. Caitong International Asset Management Co. Ltd lifted its stake in IMAX by 2,310.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,157 shares of the company’s stock valued at $38,000 after purchasing an additional 1,109 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd lifted its stake in IMAX by 863.0% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,666 shares of the company’s stock valued at $62,000 after purchasing an additional 1,493 shares during the last quarter. 93.51% of the stock is currently owned by institutional investors.

Key Stories Impacting IMAX

Here are the key news stories impacting IMAX this week:

Positive Sentiment: Strong film slate and audience demand: “The Odyssey” reportedly helped drive IMAX’s best month ever, while the upcoming IMAX releases of Akira, Dune: Part Three, and the limited-run Queen Budapest concert film provide additional opportunities for premium ticket revenue. IMAX Shares Soar To Record High As The Odyssey Fuels Best Month Ever Queen Budapest Concert Film to Screen in IMAX
Positive Sentiment: Expansion of the theater network: Mann Theatres plans to add an IMAX auditorium at its Plymouth location, reinforcing the company’s strategy of growing its installed base and recurring exhibitor-related revenue. Mann Theatres Bringing IMAX Auditorium to Plymouth Location
Positive Sentiment: Evidence of premium-format enthusiasm: Reports of intense demand for IMAX tickets in New York support the company’s pricing power and the appeal of its large-format experience. Inside NYC’s IMAX Ticket Craze
Neutral Sentiment: Management’s planned presentations at Bank of America and Goldman Sachs investor conferences could provide updates on bookings, installations, and guidance, but offer no immediate financial impact. IMAX to Present at Upcoming Institutional Investor Conferences
Negative Sentiment: AMC Kips Bay 15 is expected to close by year-end, removing an IMAX screen from New York’s theater network. The isolated loss is modest but highlights exposure to theater closures. AMC Kips Bay 15 Closing

IMAX Company Profile

(Get 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.