Immersion (NASDAQ:IMMR) Major Shareholder Toro 18 Holdings Llc Sells 200,000 Shares

13 Aug 2026, 01:09 by Michael Walen · The Markets Daily

Immersion Corporation (NASDAQ:IMMR – Get Free Report) major shareholder Toro 18 Holdings Llc sold 200,000 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $5.22, for a total value of $1,044,000.00. Following the transaction, the insider directly owned 1,344,647 shares in the company, valued at $7,019,057.34. The trade was a 12.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Immersion Stock Down 0.7%

Shares of Immersion stock traded down $0.05 during trading on Wednesday, hitting $7.43. 407,718 shares of the stock traded hands, compared to its average volume of 714,905. The company has a current ratio of 2.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.13. The stock’s fifty day simple moving average is $6.87 and its 200 day simple moving average is $6.44. The firm has a market cap of $246.60 million, a P/E ratio of 53.07 and a beta of 1.02. Immersion Corporation has a 52-week low of $5.25 and a 52-week high of $8.05.

Immersion (NASDAQ:IMMR – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The software maker reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.07. The company had revenue of $270.00 million during the quarter, compared to analyst estimates of $230.00 million. Immersion had a net margin of 0.26% and a return on equity of 0.80%. On average, equities analysts predict that Immersion Corporation will post 0.26 earnings per share for the current fiscal year.

Immersion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Monday, July 20th were paid a dividend of $0.075 per share. The ex-dividend date was Monday, July 20th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.0%. Immersion’s dividend payout ratio (DPR) is currently 214.29%.

Analyst Ratings Changes

A number of equities analysts recently commented on IMMR shares. BWS Financial reissued a “buy” rating and issued a $13.50 price objective on shares of Immersion in a research note on Tuesday, July 28th. Wall Street Zen raised Immersion from a “sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded Immersion from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. Finally, Zacks Research raised Immersion to a “hold” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $13.50.

Read Our Latest Stock Report on IMMR

Institutional Trading of Immersion

A number of institutional investors have recently modified their holdings of IMMR. Russell Investments Group Ltd. raised its stake in shares of Immersion by 85.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,429 shares of the software maker’s stock worth $33,000 after acquiring an additional 2,041 shares in the last quarter. Strs Ohio acquired a new stake in Immersion in the first quarter valued at approximately $27,000. Persistent Asset Partners Ltd purchased a new position in Immersion in the second quarter worth $41,000. Tower Research Capital LLC TRC grew its holdings in Immersion by 677.7% in the second quarter. Tower Research Capital LLC TRC now owns 7,738 shares of the software maker’s stock worth $61,000 after purchasing an additional 6,743 shares during the last quarter. Finally, Optiver Holding B.V. increased its position in shares of Immersion by 1,681.2% during the first quarter. Optiver Holding B.V. now owns 7,855 shares of the software maker’s stock worth $43,000 after purchasing an additional 7,414 shares in the last quarter. 60.57% of the stock is currently owned by institutional investors.

About Immersion

(Get Free Report)

Immersion Corporation is a technology company specializing in the development and licensing of haptic feedback solutions. The company’s proprietary software and hardware technologies enable devices to simulate the sense of touch, enhancing user experiences across a range of electronic products. Immersion’s core offerings include touch-feedback algorithms, software development kits, and reference designs that can be integrated into smartphones, gaming controllers, wearable devices, automotive infotainment systems, medical simulators and virtual or augmented reality platforms.