IMI plc (IMI) Insider Mark W. Selway Buys 12 Shares

IMI plc (LON:IMI) insider Mark W. Selway acquired 12 shares of IMI stock in a transaction on Tuesday, April 10th. The shares were bought at an average price of GBX 1,029 ($14.54) per share, with a total value of £123.48 ($174.53).

Shares of LON IMI opened at GBX 1,041 ($14.71) on Friday. IMI plc has a 52 week low of GBX 1,093 ($15.45) and a 52 week high of GBX 1,453 ($20.54).

The firm also recently announced a dividend, which will be paid on Friday, May 18th. Stockholders of record on Thursday, April 5th will be given a GBX 25.20 ($0.36) dividend. This represents a dividend yield of 2.23%. This is a boost from IMI’s previous dividend of $14.20. The ex-dividend date of this dividend is Thursday, April 5th.



IMI has been the subject of a number of research analyst reports. Numis Securities restated a “reduce” rating and set a GBX 1,125 ($15.90) price objective on shares of IMI in a research report on Friday, December 15th. Credit Suisse Group upped their price objective on shares of IMI from GBX 1,310 ($18.52) to GBX 1,340 ($18.94) and gave the stock an “outperform” rating in a research report on Friday, December 15th. BNP Paribas reiterated a “neutral” rating on shares of IMI in a research report on Thursday, April 5th. JPMorgan Chase reiterated a “neutral” rating and issued a GBX 1,315 ($18.59) target price on shares of IMI in a research report on Friday, February 2nd. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 1,250 ($17.67) target price on shares of IMI in a research report on Monday, January 22nd. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,316.92 ($18.61).

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IMI Company Profile

IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments.

Insider Buying and Selling by Quarter for IMI (LON:IMI)

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