Added to YB: 2026-01-27
Pitch date: 2026-01-23
IMMR [bullish]
Immersion Corporation
-9.36%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
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
$194.3M
Pitch Price
$6.73
Price Target
12.00 (+97%)
Dividend
5.08%
EV/EBITDA
10.94
P/E
2.89
EV/Sales
3.87
Sector
Technology Hardware, Storage and Peripherals
Category
value
IMMR: The Patent Company That is a Bookstore
IMMR: Holding company trading at 40% discount to sum-of-parts ($10.75 vs $6.60). Assets: $5.70/share cash, $3.15/share BNED stake (bookstore pivot to First Day Complete growing 29% YOY), $1.90/share patent portfolio. Activist Scott Larson (7.1% stake) pushing for change or liquidation. Low downside, $10-12 upside potential.
Read full article (5 min)