Insider Buying: IMI plc (LON:IMI) Insider Purchases £121.81 in Stock

IMI plc (LON:IMI) insider Roy Twite acquired 13 shares of the company’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of GBX 937 ($12.24) per share, for a total transaction of £121.81 ($159.17).

Roy Twite also recently made the following trade(s):

  • On Tuesday, July 9th, Roy Twite acquired 12 shares of IMI stock. The stock was bought at an average price of GBX 1,011 ($13.21) per share, for a total transaction of £121.32 ($158.53).

Shares of IMI opened at GBX 925.60 ($12.09) on Friday. The company’s fifty day moving average is GBX 1,006.24 and its 200-day moving average is GBX 987.26. IMI plc has a 12 month low of GBX 867.50 ($11.34) and a 12 month high of GBX 1,237 ($16.16). The firm has a market cap of $2.52 billion and a price-to-earnings ratio of 14.60. The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 91.54.



The firm also recently declared a dividend, which will be paid on Friday, September 13th. Stockholders of record on Thursday, August 8th will be paid a dividend of GBX 14.90 ($0.19) per share. The ex-dividend date is Thursday, August 8th. This represents a dividend yield of 1.44%. IMI’s dividend payout ratio (DPR) is 0.65%.

Several research firms have weighed in on IMI. Morgan Stanley reiterated an “overweight” rating on shares of IMI in a research note on Thursday, July 11th. Peel Hunt reiterated an “add” rating on shares of IMI in a research note on Monday, July 22nd. Liberum Capital reiterated a “sell” rating on shares of IMI in a research note on Friday, July 26th. Goldman Sachs Group reiterated a “buy” rating on shares of IMI in a research note on Wednesday, July 10th. Finally, Credit Suisse Group reiterated an “underperform” rating on shares of IMI in a research note on Wednesday, July 3rd. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 1,075 ($14.05).

About IMI

IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. The IMI Critical Engineering division offers flow control solutions. It provides valve and actuator systems to LNG compression facilities; integrated flow control systems for fluid catalytic cracking application; valves into ethylene, polypropylene, and delayed coking production processes; actuation systems to operate industrial valves; and turbine by-pass valves for power plants.

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

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