Added to YB: 2025-11-24
Pitch date: 2025-11-20
IMMR [bullish]
Immersion Corporation
+22.08%
current return
Author Info
No bio for this author
Company Info
Immersion Corporation, together with its subsidiaries, engages in the business of intellectual property (IP) that engages users’ sense of touch when operating digital devices in North America, Europe, and Asia.
Market Cap
$225.8M
Pitch Price
$5.66
Price Target
9.00 (+30%)
Dividend
2.66%
EV/EBITDA
11.49
P/E
3.31
EV/Sales
4.06
Sector
Technology Hardware, Storage and Peripherals
Category
special_situation
Buying at $5.88 What's Worth $10+ in Liquidation - $IMMR
IMMR: Activist Scott Larson (7.1% stake) demands mgmt changes by Nov 15th after stock down 22% vs S&P +113%. Trading $5.88 vs $9+ liquidation value. CEO Singer compensation jumped from $556K to $3.9M while destroying value. Catalyst: proxy fight likely, liquidation upside, or BNED wildcard ($30 target adds $8/share). Multiple paths to value unlock.
Read full article (3 min)