IMI plc (LON:IMI) Insider Acquires £163.36 in Stock

IMI plc (LON:IMI) insider Roy Twite bought 8 shares of the stock in a transaction dated Tuesday, June 10th. The shares were acquired at an average price of GBX 2,042 ($27.71) per share, with a total value of £163.36 ($221.66).

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

• On Tuesday, May 13th, Roy Twite bought 7 shares of IMI stock. The shares were acquired at an average price of GBX 1,922 ($26.08) per share, with a total value of £134.54 ($182.55).
• On Thursday, March 13th, Roy Twite sold 49,259 shares of IMI stock. The stock was sold at an average price of GBX 1,962 ($26.62), for a total value of £966,461.58 ($1,311,345.43).

IMI Stock Performance

IMI opened at GBX 2,046.99 ($27.77) on Friday. The business’s 50 day moving average is GBX 1,855.17 and its 200-day moving average is GBX 1,882.48. The stock has a market cap of £5.19 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 68.33. IMI plc has a twelve month low of GBX 1,555.96 ($21.11) and a twelve month high of GBX 2,090 ($28.36).

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lifted their price target on IMI from GBX 2,250 ($30.53) to GBX 2,400 ($32.56) and gave the stock an “outperform” rating in a research note on Monday, March 3rd.

About IMI

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.