Immersion Corp’s filing revealed that its President and CEO Singer Eric acquired Company’s shares for reported $0.32 million on Mar 20 ’25. In the deal valued at $7.51 per share,42,638 shares were bought. As a result of this transaction, Singer Eric now holds 2,161,866 shares worth roughly $16.13 million.
Then, Singer Eric bought 5,000 shares, generating $37,350 in total proceeds. Upon buying the shares at $7.47, the President and CEO now owns 2,166,866 shares.
Before that, TORO 18 HOLDINGS LLC bought 142,898 shares. Immersion Corp shares valued at $1,229,051 were divested by the Director at a price of $8.60 per share. As a result of the transaction, TORO 18 HOLDINGS LLC now holds 11,208,746 shares, worth roughly $83.62 million.
BWS Financial initiated its Immersion Corp [IMMR] rating to a Buy in a research note published on February 06, 2023; the price target was $11. A number of analysts have revised their coverage, including Colliers Securities’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Neutral”. Colliers Securities also remained covering IMMR and reiterated its “Buy” recommendation on December 29, 2020. Craig Hallum maintained its rating on September 02, 2020. It rated IMMR as “a Buy”.
Price Performance Review of IMMR
On Friday, Immersion Corp [NASDAQ:IMMR] saw its stock fall -1.32% to $7.46. Over the last five days, the stock has lost -1.84%. Immersion Corp shares have fallen nearly -12.06% since the year began. Nevertheless, the stocks have risen 2.09% over the past one year. While a 52-week high of $13.55 was reached on 01/03/25, a 52-week low of $6.86 was recorded on 03/13/25. SMA at 50 days reached $8.21, while 200 days put it at $9.19.
Levels Of Support And Resistance For IMMR Stock
The 24-hour chart illustrates a support level at 7.36, which if violated will result in even more drops to 7.25. On the upside, there is a resistance level at 7.55. A further resistance level may holdings at 7.64. The Relative Strength Index (RSI) on the 14-day chart is 38.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.68%. Stochastics %K at 37.99% indicates the stock is a holding.
How much short interest is there in Immersion Corp?
A steep rise in short interest was recorded in Immersion Corp stocks on 2025-02-28, dropping by -0.39 million shares to a total of 2.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.19 million shares. There was a decline of -13.9%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 06, 2020 when Craig Hallum resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $9.
