IMI plc (LON:IMI) Insider Sells £966,461.58 in Stock

IMI plc (LON:IMI) insider Roy Twite sold 49,259 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of GBX 1,962 ($25.36), for a total value of £966,461.58 ($1,249,304.01).

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

• On Tuesday, February 11th, Roy Twite acquired 8 shares of IMI stock. The stock was purchased at an average price of GBX 1,935 ($25.01) per share, for a total transaction of £154.80 ($200.10).

IMI Trading Up 1.6 %

LON:IMI opened at GBX 1,977 ($25.56) on Monday. The company has a market cap of £5.01 billion, a P/E ratio of 20.26, a P/E/G ratio of 1.12 and a beta of 1.08. The stock’s fifty day moving average price is GBX 1,936.51 and its two-hundred day moving average price is GBX 1,843.34. IMI plc has a 1 year low of GBX 1,630 ($21.07) and a 1 year high of GBX 2,090 ($27.02). The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80.

IMI (LON:IMI) last posted its earnings results on Friday, February 28th. The company reported GBX 122.50 ($1.58) earnings per share (EPS) for the quarter. IMI had a return on equity of 23.85% and a net margin of 11.46%. As a group, analysts expect that IMI plc will post 137.9737609 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upped their price objective on IMI from GBX 2,250 ($29.08) to GBX 2,400 ($31.02) and gave the company an “outperform” rating in a research note on Monday, March 3rd.

IMI Company Profile

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network.