Insider Buying: IMI (LON:IMI) Insider Buys 5 Shares of Stock

Key Points

• Insider buying: IMI director Luke Grant purchased 5 shares on March 10 at GBX 2,790 (total £139.50), continuing modest buys earlier this year (6 shares at GBX 2,618 on Jan 13 and 5 shares at GBX 2,854 on Feb 10).
• The stock was trading at GBX 2,758 (down GBX 18), with a market cap of £6.79 billion and a PE of 29.56, and a one‑year range of GBX 1,555.96–3,848.
• Analyst and financial context: IMI reported quarterly EPS of GBX 132.30 and a ROE of 24.91%; analysts hold a "Moderate Buy" consensus (average target GBX 2,670.71), with JPMorgan lifting its target to GBX 2,960.

IMI plc (LON:IMI - Get Free Report) insider Luke Grant bought 5 shares of the company's stock in a transaction dated Tuesday, March 10th. The stock was bought at an average cost of GBX 2,790 per share, with a total value of £139.50.

Luke Grant also recently made the following trade(s):

• On Tuesday, February 10th, Luke Grant bought 5 shares of IMI stock. The shares were bought at an average price of GBX 2,854 per share, with a total value of £142.70.
• On Tuesday, January 13th, Luke Grant purchased 6 shares of IMI stock. The stock was bought at an average cost of GBX 2,618 per share, for a total transaction of £157.08.

IMI Price Performance

LON:IMI traded down GBX 18 during trading hours on Wednesday, reaching GBX 2,758. The company had a trading volume of 1,013,543 shares, compared to its average volume of 3,804,012. The company has a quick ratio of 0.80, a current ratio of 1.50 and a debt-to-equity ratio of 58.04. The stock has a 50-day moving average of GBX 2,744.86 and a two-hundred day moving average of GBX 2,499.27. IMI plc has a one year low of GBX 1,555.96 and a one year high of GBX 3,848. The firm has a market capitalization of £6.79 billion, a PE ratio of 29.56, a PEG ratio of 1.12 and a beta of 1.05.

IMI (LON:IMI - Get Free Report) last issued its quarterly earnings data on Friday, March 6th. The company reported GBX 132.30 earnings per share (EPS) for the quarter. IMI had a return on equity of 24.91% and a net margin of 14.33%. Analysts forecast that IMI plc will post 137.9737609 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of IMI from GBX 2,850 to GBX 2,960 and gave the company an "overweight" rating in a research report on Thursday, December 4th. Panmure Gordon reiterated a "buy" rating and issued a GBX 2,760 target price on shares of IMI in a research note on Tuesday, November 25th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, IMI has a consensus rating of "Moderate Buy" and an average target price of GBX 2,670.71.

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. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.

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