Insider Trade: Matson, Inc. (MATX)’s President Ronald Forest Unloaded 12,000 shares; Imax (IMAX) SI Decreased By 0.72%

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Imax Corporation (NYSE:IMAX) had a decrease of 0.72% in short interest. IMAX’s SI was 6.62 million shares in May as released by FINRA. Its down 0.72% from 6.67M shares previously. With 864,000 avg volume, 8 days are for Imax Corporation (NYSE:IMAX)’s short sellers to cover IMAX’s short positions. The SI to Imax Corporation’s float is 12%. The stock increased 4.40% or $1 during the last trading session, reaching $23.75. About 652,141 shares traded. IMAX Corporation (NYSE:IMAX) has declined 42.08% since May 8, 2017 and is downtrending. It has underperformed by 53.63% the S&P500.

The stock increased 2.63% or $0.82 during the last trading session, reaching $32.05. About 257,354 shares traded or 5.83% up from the average. Matson, Inc. (NYSE:MATX) has declined 8.05% since May 8, 2017 and is downtrending. It has underperformed by 19.60% the S&P500.

Investors sentiment increased to 1.06 in 2017 Q4. Its up 0.03, from 1.03 in 2017Q3. It improved, as 20 investors sold Matson, Inc. shares while 47 reduced holdings. 25 funds opened positions while 46 raised stakes. 35.66 million shares or 0.01% less from 35.66 million shares in 2017Q3 were reported. Aqr Cap Mngmt Limited accumulated 36,574 shares. Panagora Asset Inc holds 0% or 2,300 shares. London Of Virginia holds 0.19% in Matson, Inc. (NYSE:MATX) or 885,357 shares. Oberweis Asset Incorporated stated it has 0.28% of its portfolio in Matson, Inc. (NYSE:MATX). The Ontario – Canada-based Td Asset has invested 0% in Matson, Inc. (NYSE:MATX). Primecap Management Commerce Ca reported 199,761 shares. Us Savings Bank De invested 0% in Matson, Inc. (NYSE:MATX). Gemmer Asset Mngmt Llc stated it has 0% in Matson, Inc. (NYSE:MATX). First Trust Advsrs Lp has invested 0% of its portfolio in Matson, Inc. (NYSE:MATX). 62,650 are held by Dupont Cap. Ameriprise Finance holds 216,132 shares or 0% of its portfolio. Blackrock holds 0.01% in Matson, Inc. (NYSE:MATX) or 5.89 million shares. Public Sector Pension Inv Board holds 0.01% or 27,250 shares. The Maryland-based Proshare Advsr Limited Liability Co has invested 0% in Matson, Inc. (NYSE:MATX). Price T Rowe Associates Inc Md, Maryland-based fund reported 3.34M shares.

Among 6 analysts covering Matson (NYSE:MATX), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Matson has $52 highest and $23.0 lowest target. $43.75’s average target is 36.51% above currents $32.05 stock price. Matson had 16 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus on Tuesday, November 8 to “Hold”. Stifel Nicolaus maintained it with “Buy” rating and $48 target in Wednesday, August 5 report. On Friday, August 18 the stock rating was downgraded by Stephens to “Hold”. As per Monday, November 9, the company rating was maintained by FBR Capital. The company was maintained on Monday, January 8 by Stephens. The company was initiated on Thursday, December 15 by Seaport Global. Stifel Nicolaus maintained Matson, Inc. (NYSE:MATX) rating on Sunday, January 28. Stifel Nicolaus has “Buy” rating and $38.0 target. Stifel Nicolaus upgraded the stock to “Buy” rating in Friday, August 18 report. Stifel Nicolaus maintained the shares of MATX in report on Thursday, September 21 with “Buy” rating. The firm has “Buy” rating by Seaport Global given on Monday, January 29.

Ronald Forest, President of Matson Inc, in an insider selling transaction sold some 12,000 shares whose amount is estimated to be $367,560 at average stock price of $30.6. Ronald Forest right now owns 65,884 shares or 0.15% of Matson Inc’s market cap.

Matson, Inc., through its subsidiaries, operates as an ocean cargo carrier. The company has market cap of $1.37 billion. The firm operates in two divisions, Ocean Transportation and Logistics. It has a 5.97 P/E ratio. The Ocean Transportation segment offers ocean transportation services to the domestic economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia and in the South Pacific.

More recent Matson, Inc. (NYSE:MATX) news were published by: Seekingalpha.com which released: “Matson, Inc. 2018 Q1 – Results – Earnings Call Slides” on May 02, 2018. Also Seekingalpha.com published the news titled: “Matson’s (MATX) CEO Matt Cox on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. Globenewswire.com‘s news article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within National Health Investors, II-VI, Five9, Matson ..” with publication date: April 23, 2018 was also an interesting one.

Since March 12, 2018, it had 0 buys, and 3 sales for $1.16 million activity. Shares for $802,212 were sold by COX MATTHEW J. 10,000 shares were sold by Forest Ronald J, worth $295,590 on Thursday, March 15. BAIRD W BLAKE had sold 2,000 shares worth $62,250 on Friday, May 4.

IMAX Corporation, together with its subsidiaries, operates as an entertainment technology firm specializing in motion picture technologies and presentations worldwide. The company has market cap of $1.53 billion. The firm operates through seven divisions: IMAX Systems, Theater System Maintenance, Joint Revenue Sharing Arrangements, Film Production and IMAX Digital Re-Mastering , Film Distribution, Film Post-Production, and Other. It has a 659.72 P/E ratio. The IMAX Systems segment designs, makes, sells, or leases IMAX theater projection system equipment.

Matson, Inc. (NYSE:MATX) Institutional Positions Chart