NASDAQ:IMMR Immersion (IMMR) Stock Price, News & Analysis $9.90 -0.03 (-0.30%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$9.80▼$11.3850-Day Range$9.41▼$13.5152-Week Range$5.94▼$13.94Volume3.53 million shsAverage Volume633,200 shsMarket Capitalization$315.36 millionP/E Ratio7.23Dividend Yield1.82%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Immersion alerts: Email Address Immersion MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside11.1% Upside$11.00 Price TargetShort InterestBearish7.66% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.42Based on 10 Articles This WeekInsider TradingSelling Shares$52,834 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.43 out of 5 starsComputer And Technology Sector398th out of 594 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry10th out of 13 stocks 2.5 Analyst's Opinion Consensus RatingImmersion has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageImmersion has only been the subject of 1 research reports in the past 90 days.Read more about Immersion's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.66% of the float of Immersion has been sold short.Short Interest Ratio / Days to CoverImmersion has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Immersion has recently increased by 12.95%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldImmersion pays a meaningful dividend of 1.72%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthImmersion does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Immersion is 13.14%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Immersion's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IMMR. Previous Next 3.0 News and Social Media Coverage News SentimentImmersion has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Immersion this week, compared to 3 articles on an average week.Search Interest24 people have searched for IMMR on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows18 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Immersion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $52,834.00 in company stock.Percentage Held by InsidersOnly 5.50% of the stock of Immersion is held by insiders.Percentage Held by Institutions60.57% of the stock of Immersion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Immersion's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Immersion is 7.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Immersion is 7.23, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 282.92.Price to Book Value per Share RatioImmersion has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Immersion's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTII never thought I would do this…Now that the Fed has spoken, it’s sure to create a May Shockwave! Now's your best chance to trade this historic event using the method that has seen Doubles, Even Triples within just a few days! 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It serves markets, including mobility, gaming, automotive, virtual and augmented reality, and wearables, as well as residential, commercial, and industrial Internet of Things. The company was incorporated in 1993 and is headquartered in Aventura, Florida.Read More IMMR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMMR Stock News HeadlinesAugust 22 at 2:47 AM | seekingalpha.comImmersion Corporation: Cheap For Good Reason - HoldAugust 21 at 9:45 PM | marketwatch.comImmersion Shares Rise After 2Q Profit, Revenue JumpAugust 22, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…August 21 at 12:06 PM | americanbankingnews.comImmersion (NASDAQ:IMMR) Releases Quarterly Earnings Results, Beats Expectations By $0.55 EPSAugust 21 at 10:46 AM | americanbankingnews.comImmersion (NASDAQ:IMMR) Issues Quarterly Earnings ResultsAugust 20 at 5:19 PM | businesswire.comImmersion Corporation Reports Second Quarter 2024 ResultsAugust 4, 2024 | finance.yahoo.comImmersion Cooling Market Surges to USD 1489.68 Million by 2031, Propelled by 22.50% CAGR - Verified Market Research®August 2, 2024 | investorplace.com3 Stocks to Buy and Forget for the Next 3 YearsAugust 22, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…August 1, 2024 | stocknews.com3 Small-Cap Growth Stocks With Big Upside PotentialJuly 30, 2024 | bbc.co.ukRiley & Coe - Immersion heat things up as they play live for Marc - BBC SoundsJuly 21, 2024 | seekingalpha.comImmersion Corp.: The Technology Is Great, But The Business Model Is Not AppealingJuly 19, 2024 | finance.yahoo.comReturns Are Gaining Momentum At Immersion (NASDAQ:IMMR)July 18, 2024 | investorplace.comAlpha Picks: 3 Solid Stocks With 10X PotentialJuly 13, 2024 | investorplace.com3 Stocks Set to Dominate the Market by 2030July 11, 2024 | investorplace.comTop 3 Stocks to Buy Now for a 10X Return: July EditionJuly 9, 2024 | seekingalpha.comImmersion: A Value Play In A Unique Market SegmentJuly 6, 2024 | investorplace.com7 Small-Cap Stocks With Massive Potential ReturnsSee More Headlines Receive IMMR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Immersion and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/26 Dividend7/08/2024Dividend Payable7/26/2024Last Earnings8/20/2024Today8/22/2024Ex-Dividend for 10/18 Dividend10/04/2024Dividend Payable10/18/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer peripheral equipment, not elsewhere classified Sub-IndustryComputer Storage & Peripherals Current SymbolNASDAQ:IMMR CUSIP45252110 CIK1058811 Webwww.immersion.com Phone(408) 467-1900Fax408-467-1901Employees20Year Founded1993Price Target and Rating Average Stock Price Target$11.00 High Stock Price Target$11.00 Low Stock Price Target$11.00 Potential Upside/Downside+11.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.37 Trailing P/E Ratio7.23 Forward P/E Ratio6.43 P/E GrowthN/ANet Income$33.98 million Net Margins62.74% Pretax Margin81.83% Return on Equity24.50% Return on Assets20.45% Debt Debt-to-Equity RatioN/A Current Ratio6.44 Quick Ratio6.44 Sales & Book Value Annual Sales$70.69 million Price / Sales4.46 Cash Flow$0.88 per share Price / Cash Flow11.29 Book Value$5.75 per share Price / Book1.72Miscellaneous Outstanding Shares31,855,000Free Float30,103,000Market Cap$315.36 million OptionableOptionable Beta1.50 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Eric Brandon Singer (Age 51)CEO, President & Chairperson Comp: $3.78MMr. Leonard Wood (Age 68)Chief Accounting Officer Comp: $309.06kMs. Sophie LavalHead of Human ResourcesKey CompetitorsIntevacNASDAQ:IVACKey TronicNASDAQ:KTCCForescout TechnologiesNASDAQ:FSCTFireEyeNASDAQ:FEYENetAppNASDAQ:NTAPView All CompetitorsInsiders & InstitutionsTruist Financial CorpBought 6,000 shares on 8/21/2024Ownership: 0.142%Quarry LPBought 2,786 shares on 8/16/2024Ownership: 0.009%AQR Capital Management LLCSold 157,060 shares on 8/15/2024Ownership: 2.076%Deerfield Management Company L.P. Series CBought 11,004 shares on 8/15/2024Ownership: 0.178%The Manufacturers Life Insurance Company Bought 1,139 shares on 8/15/2024Ownership: 0.039%View All Insider TransactionsView All Institutional Transactions IMMR Stock Analysis - Frequently Asked Questions How have IMMR shares performed this year? Immersion's stock was trading at $7.06 at the beginning of 2024. Since then, IMMR shares have increased by 40.2% and is now trading at $9.90. View the best growth stocks for 2024 here. How were Immersion's earnings last quarter? Immersion Co. (NASDAQ:IMMR) released its earnings results on Monday, August, 19th. The software maker reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.55. The software maker had revenue of $99.42 million for the quarter, compared to analysts' expectations of $7.29 million. Immersion had a net margin of 62.74% and a trailing twelve-month return on equity of 24.50%. What is Ramzi Haidamus' approval rating as Immersion's CEO? 3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com. Ramzi Haidamus has an approval rating of 64% among the company's employees. Who are Immersion's major shareholders? Immersion's top institutional investors include LSV Asset Management (5.13%), AQR Capital Management LLC (2.08%), American Century Companies Inc. (1.85%) and Renaissance Technologies LLC (1.56%). Insiders that own company stock include Toro 18 Holdings Llc, William C Martin, Eric Singer, Aaron Akerman and Francis Jose. View institutional ownership trends. How do I buy shares of Immersion? Shares of IMMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Immersion own? Based on aggregate information from My MarketBeat watchlists, some other companies that Immersion investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), QUALCOMM (QCOM), Twitter (TWTR), Micron Technology (MU) and Sorrento Therapeutics (SRNE). 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