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Immersion

DB:IMV
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IMV
DB
$284M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia. The last earnings update was 50 days ago. More info.


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IMV Share Price and Events
7 Day Returns
5.2%
DB:IMV
1.9%
DE Tech
2.5%
DE Market
1 Year Returns
-15.8%
DB:IMV
-1.1%
DE Tech
-6.7%
DE Market
IMV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Immersion (IMV) 5.2% 12.4% -4.6% -15.8% 15% 2.7%
DE Tech 1.9% 4.3% 16.8% -1.1% 69.2% 105%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • IMV underperformed the Tech industry which returned -1.1% over the past year.
  • IMV underperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
IMV
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Immersion undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Immersion. This is due to cash flow or dividend data being unavailable. The share price is €8.06.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Immersion's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Immersion's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:IMV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $1.78
NasdaqGS:IMMR Share Price ** NasdaqGS (2019-04-18) in USD $9.2
Europe Tech Industry PE Ratio Median Figure of 22 Publicly-Listed Tech Companies 13.11x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Immersion.

DB:IMV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:IMMR Share Price ÷ EPS (both in USD)

= 9.2 ÷ 1.78

5.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Immersion is good value based on earnings compared to the Europe Tech industry average.
  • Immersion is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Immersion's expected growth come at a high price?
Raw Data
DB:IMV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.16x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
Not available
Europe Tech Industry PEG Ratio Median Figure of 12 Publicly-Listed Tech Companies 0.9x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Immersion, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Immersion's assets?
Raw Data
DB:IMV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.23
NasdaqGS:IMMR Share Price * NasdaqGS (2019-04-18) in USD $9.2
Europe Tech Industry PB Ratio Median Figure of 30 Publicly-Listed Tech Companies 1.3x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:IMV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:IMMR Share Price ÷ Book Value per Share (both in USD)

= 9.2 ÷ 3.23

2.85x

* Primary Listing of Immersion.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Immersion is overvalued based on assets compared to the Europe Tech industry average.
X
Value checks
We assess Immersion's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Immersion has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Immersion expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-91.5%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Immersion expected to grow at an attractive rate?
  • Unable to compare Immersion's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Immersion's earnings growth to the Germany market average as no estimate data is available.
  • Immersion's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:IMV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:IMV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -91.5%
Europe Tech Industry Earnings Growth Rate Market Cap Weighted Average 14.5%
Europe Tech Industry Revenue Growth Rate Market Cap Weighted Average 8.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:IMV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:IMV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 30 1
2019-12-31 27 -30 3
DB:IMV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 111 70 54
2018-09-30 107 74 45
2018-06-30 110 66 45
2018-03-31 111 57 37
2017-12-31 35 -44 -45
2017-09-30 37 -48 -71
2017-06-30 52 5 -59
2017-03-31 53 14 -50
2016-12-31 57 22 -40
2016-09-30 64 25 -1
2016-06-30 52 -18 -8
2016-03-31 61 -17 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Immersion is high growth as no earnings estimate data is available.
  • Immersion's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:IMV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Immersion Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IMV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31 -0.99 -0.98 -0.99 2.00
DB:IMV Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 1.78
2018-09-30 1.50
2018-06-30 1.50
2018-03-31 1.28
2017-12-31 -1.55
2017-09-30 -2.45
2017-06-30 -2.03
2017-03-31 -1.74
2016-12-31 -1.39
2016-09-30 -0.03
2016-06-30 -0.27
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Immersion will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Immersion's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Immersion has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Immersion performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Immersion's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Immersion's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Immersion has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Immersion has become profitable in the last year making it difficult to compare the Europe Tech industry average.
Earnings and Revenue History
Immersion's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Immersion Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:IMV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 110.98 54.34 47.93
2018-09-30 107.01 45.19 50.96
2018-06-30 110.32 44.54 53.54
2018-03-31 111.21 37.46 60.48
2017-12-31 35.01 -45.29 66.86
2017-09-30 37.41 -71.15 69.31
2017-06-30 51.85 -58.84 68.37
2017-03-31 52.69 -50.20 63.71
2016-12-31 57.09 -40.03 58.76
2016-09-30 64.36 -0.74 52.58
2016-06-30 52.37 -7.58 48.83
2016-03-31 60.73 0.22 44.82
2015-12-31 63.39 2.86 43.43
2015-09-30 60.44 2.74 41.60
2015-06-30 58.18 3.63 39.67
2015-03-31 53.79 2.20 37.87
2014-12-31 52.94 4.12 34.65
2014-09-30 51.39 40.51 33.70
2014-06-30 50.68 40.04 33.95
2014-03-31 49.05 40.33 32.30
2013-12-31 47.47 40.16 32.44
2013-09-30 44.26 0.92 33.41
2013-06-30 40.06 -2.67 33.04
2013-03-31 36.34 -5.44 32.15 -2.19
2012-12-31 32.17 -7.35 29.24
2012-09-30 31.00 -5.79 24.84 1.86
2012-06-30 30.35 -4.21 22.29 4.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Immersion made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Immersion used its assets more efficiently than the Europe Tech industry average last year based on Return on Assets.
  • Immersion has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Immersion's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Immersion has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Immersion's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Immersion's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Immersion is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Immersion's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Immersion's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Immersion has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Immersion Company Filings, last reported 3 months ago.

DB:IMV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 99.66 0.00 124.92
2018-09-30 100.40 0.00 130.47
2018-06-30 101.96 0.00 136.68
2018-03-31 105.27 0.00 138.97
2017-12-31 9.66 0.00 46.54
2017-09-30 19.85 0.00 48.12
2017-06-30 23.96 0.00 62.02
2017-03-31 37.59 0.00 75.98
2016-12-31 55.34 0.00 89.77
2016-09-30 91.68 0.00 94.91
2016-06-30 83.81 0.00 56.27
2016-03-31 88.02 0.00 60.81
2015-12-31 86.62 0.00 64.93
2015-09-30 84.40 0.00 67.16
2015-06-30 81.98 0.00 71.63
2015-03-31 78.54 0.00 78.34
2014-12-31 76.60 0.00 57.36
2014-09-30 77.45 0.00 63.13
2014-06-30 79.66 0.00 74.20
2014-03-31 77.56 0.00 81.35
2013-12-31 80.67 0.00 71.11
2013-09-30 58.84 0.00 64.65
2013-06-30 55.97 0.00 63.89
2013-03-31 49.70 0.00 64.22
2012-12-31 29.28 0.00 43.55
2012-09-30 44.44 0.00 47.87
2012-06-30 49.71 0.00 52.36
  • Immersion has no debt.
  • Immersion has not taken on any debt in the past 5 years.
  • Immersion has no debt, it does not need to be covered by operating cash flow.
  • Immersion has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Immersion's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Immersion has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Immersion's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Immersion dividends.
If you bought €2,000 of Immersion shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Immersion's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Immersion's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:IMV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Tech Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:IMV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Immersion has not reported any payouts.
  • Unable to verify if Immersion's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Immersion's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Immersion has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Immersion's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Immersion afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Immersion has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Immersion's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ramzi Haidamus
AGE 54
TENURE AS CEO 0.3 years
CEO Bio

Mr. Ramzi Haidamus serves as a Chief Executive Officer and Director at Immersion Corporation since January 21, 2019. He also served as an Executive Officer of Nokia Corporation until September 30, 2016. Mr. Haidamus served as the President of Nokia Technologies Business and Member of Group Leadership Team at Nokia Corporation from September 3, 2014 to September 1, 2016. He has experience in nurturing new technologies in an incubator-like environment and in growing new businesses. He served as an Executive Vice President of Marketing and Business Development of Dolby Laboratories, Inc from August 20, 2012 to March 27, 2013 and also served as its Executive Officer from March 27, 2013 to March 31, 2014. Mr. Haidamus served as an Executive Vice President of Sales and Marketing at Dolby Laboratories, Inc. since August 2007. He served as a Senior Vice President, General Manager and Vice President of Consumer Division at Dolby Laboratories, Inc., since February 6, 2006. He is the most senior executive of the Consumer Division and was responsible for strategic direction of the development, marketing and licensing of Dolby(R) technologies. He served as a General Manager of Dolby Laboratories Licensing Corporation, a subsidiary of Dolby Laboratories since February 6, 2006. He served in a variety of other positions since joining Dolby in 1996. He was also the founder, General Manager/Chief Executive Officer and President of Via Licensing Corporation. He served as Director of Business Development, Technology and Business Strategist and Licensing Manager at Dolby Laboratories. He served as Director of Business Development, Technology and Business Strategist and Licensing Manager at Dolby Laboratories. He had a pivotal role in the successful adoption of Dolby's technologies in open standards, such as DVD-Video and DVD-Recordable and was a key player in Dolby's achieving a joint Emmy(R) Award in 1999 for scientific and technological advancement in the development of DVD technology. Prior to joining Dolby Laboratories, Mr. Haidamus worked at Stanford Research Systems for seven years. He serves as Director of the Bay Area American Red Cross. He is a Member of the Licensing Executives Society. Mr. Haidamus holds B.S. degree in Electrical Engineering and a M.S. degree in Computer Engineering from the University of the Pacific. He has completed advanced coursework at Stanford University, the University of California at Berkeley and the Center for Creative Leadership.

CEO Compensation
  • Insufficient data for Ramzi to compare compensation growth.
  • Insufficient data for Ramzi to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Immersion management team in years:

1.3
Average Tenure
  • The average tenure for the Immersion management team is less than 2 years, this suggests a new team.
Management Team

Amie Peters

TITLE
Interim CFO
COMPENSATION
$779K
AGE
47
TENURE
0.1 yrs

Ramzi Haidamus

TITLE
CEO & Director
AGE
54
TENURE
0.3 yrs

Chris Ullrich

TITLE
Vice President of Technology
TENURE
1.3 yrs

Hossam Bahlool

TITLE
Vice President of Marketing
TENURE
1.6 yrs

Janice Passarello

TITLE
Vice President of Human Resources
TENURE
11.8 yrs
Board of Directors Tenure

Average tenure and age of the Immersion board of directors in years:

0.8
Average Tenure
56
Average Age
  • The average tenure for the Immersion board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sharon Holt

TITLE
Chairman
COMPENSATION
$156K
AGE
53
TENURE
0.7 yrs

Ramzi Haidamus

TITLE
CEO & Director
AGE
54
TENURE
0.3 yrs

Dave Sugishita

TITLE
Director
COMPENSATION
$166K
AGE
70
TENURE
8.8 yrs

Ken Traub

TITLE
Independent Director
AGE
56
TENURE
0.8 yrs

John Veschi

TITLE
Director
COMPENSATION
$150K
AGE
56
TENURE
5.3 yrs

Tom Lacey

TITLE
Director
AGE
59
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
04. Dec 18 Sell David Sugishita Individual 29. Nov 18 03. Dec 18 -41,334 €8.47 €-348,907
14. Nov 18 Buy Kenneth Traub Individual 12. Nov 18 12. Nov 18 10,000 €8.00 €79,959
08. Nov 18 Buy Thomas Lacey Individual 08. Nov 18 08. Nov 18 6,000 €8.32 €49,921
29. Jun 18 Sell Shannon River Fund Management, LLC Company 07. May 18 27. Jun 18 -409,283 €15.09 €-5,848,910
29. Jun 18 Buy Shannon River Fund Management, LLC Company 25. May 18 08. Jun 18 59,100 €13.74 €771,595
08. Jun 18 Sell Senvest Management, LLC Company 06. Jun 18 07. Jun 18 -177,818 €13.47 €-2,394,874
21. May 18 Sell Senvest Management, LLC Company 17. May 18 21. May 18 -1,251,898 €12.04 €-14,587,894
16. May 18 Sell Viex Capital Advisors, LLC Company 11. May 18 15. May 18 -1,838,743 €11.14 €-20,187,127
X
Management checks
We assess Immersion's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Immersion has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia. Its technologies allow people to use their sense of touch when they engage with various digital products. The company offers TouchSense Lite and TouchSense Premium patent licenses, haptic technologies to original equipment manufacturers. It also provides TouchSense Software Development Kits, which consist of design tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers TouchSense Force, which comprises design tools, Application Programming Interfaces (APIs), reference designs, and firmware. Further, the company licenses its patents to implement the licensed software to customers. Additionally, it provides engineering and integration services, design kits for prototyping, authoring tools, APIs, and platform independent solutions. The company offers its products to mobile communications, wearables, and consumer electronics; console and PC gaming; automotive; and medical markets. Immersion Corporation was founded in 1993 and is headquartered in San Jose, California.

Details
Name: Immersion Corporation
IMV
Exchange: DB
Founded: 1993
$253,072,638
30,854,570
Website: http://www.immersion.com
Address: Immersion Corporation
50 Rio Robles,
San Jose,
California, 95134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS IMMR Common Stock Nasdaq Global Select US USD 12. Nov 1999
DB IMV Common Stock Deutsche Boerse AG DE EUR 12. Nov 1999
Number of employees
Current staff
Staff numbers
64
Immersion employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:46
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/02/27
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.