ImmersionIMMR
Market Cap: $279M
About: Immersion Corp is focused on the creation, design, development, and licensing of haptic technologies that allow people to use its sense of touch more fully as it involves engaging with products and experience the digital world. The company's software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from Japan, followed by Korea, Germany, United States of America and other countries.
Employees: 14
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
110% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 21
64% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 36
35% more capital invested
Capital invested by funds: $134M [Q1] → $180M (+$46.8M) [Q2]
17% more funds holding
Funds holding: 135 [Q1] → 158 (+23) [Q2]
3.83% more ownership
Funds ownership: 56.34% [Q1] → 60.17% (+3.83%) [Q2]
65% less call options, than puts
Call options by funds: $4.52M | Put options by funds: $12.8M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BWS Financial Hamed Khorsand 59% 1-year accuracy 40 / 68 met price target | 56%upside $13.50 | Buy Maintained | 26 Aug 2024 |
BWS Financial Hamed Khorsand 59% 1-year accuracy 40 / 68 met price target | 27%upside $11 | Buy Maintained | 1 Jul 2024 |
Financial journalist opinion
Based on 6 articles about IMMR published over the past 30 days