Immersion Co. (NASDAQ:IMMR – Get Rating) insider William C. Martin acquired 16,243 shares of the company's stock in a transaction dated Tuesday, September 13th. The shares were bought at an average price of $5.79 per share, for a total transaction of $94,046.97. Following the acquisition, the insider now owns 681,015 shares in the company, valued at approximately $3,943,076.85. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Immersion Trading Up 0.3 %

NASDAQ IMMR traded up $0.02 on Thursday, reaching $5.87. The company's stock had a trading volume of 141,215 shares, compared to its average volume of 371,029. The firm has a market cap of $196.72 million, a PE ratio of 22.77 and a beta of 1.56. The business has a 50-day moving average price of $5.67 and a 200 day moving average price of $5.38. Immersion Co. has a 52 week low of $4.28 and a 52 week high of $9.78.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. StockNews.com downgraded shares of Immersion from a "buy" rating to a "hold" rating in a report on Monday, August 15th. Craig Hallum dropped their price objective on shares of Immersion from $12.00 to $10.00 and set a "buy" rating on the stock in a report on Tuesday, June 7th.

Institutional Trading of Immersion

Immersion Company Profile

(Get Rating)

Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses.

Read More

• Get a free copy of the StockNews.com research report on Immersion (IMMR)
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