Kanen Wealth Management LLC Raises Stake in Immersion Corporation $IMMR

Posted by Francis Steltz on Jul 29th, 2026

Kanen Wealth Management LLC boosted its holdings in Immersion Corporation (NASDAQ:IMMR – Free Report) by 51.0% during the first quarter, Holdings Channel.com reports. The firm owned 709,000 shares of the software maker’s stock after acquiring an additional 239,318 shares during the quarter. Immersion comprises about 1.4% of Kanen Wealth Management LLC’s portfolio, making the stock its 19th largest holding. Kanen Wealth Management LLC’s holdings in Immersion were worth $3,871,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in IMMR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Immersion by 253.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,485 shares of the software maker’s stock worth $466,000 after buying an additional 44,112 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Immersion in the second quarter worth $80,000. Quantbot Technologies LP grew its stake in shares of Immersion by 212.3% in the second quarter. Quantbot Technologies LP now owns 45,162 shares of the software maker’s stock worth $356,000 after acquiring an additional 30,703 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Immersion by 16.2% during the second quarter. Invesco Ltd. now owns 20,682 shares of the software maker’s stock valued at $163,000 after acquiring an additional 2,886 shares in the last quarter. Finally, Jump Financial LLC raised its position in shares of Immersion by 439.8% in the 2nd quarter. Jump Financial LLC now owns 126,637 shares of the software maker’s stock worth $998,000 after purchasing an additional 103,176 shares during the last quarter. 60.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on IMMR. Wall Street Zen raised shares of Immersion from a “sell” rating to a “hold” rating in a research report on Tuesday. Zacks Research raised shares of Immersion to a “hold” rating in a report on Friday, May 8th. Weiss Ratings downgraded shares of Immersion from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. Finally, BWS Financial reiterated a “buy” rating and set a $13.50 price target on shares of Immersion in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Immersion has an average rating of “Hold” and an average price target of $13.50.

Read Our Latest Report on IMMR

Immersion Trading Down 1.0%

Immersion stock opened at $7.66 on Wednesday. Immersion Corporation has a 12 month low of $5.25 and a 12 month high of $8.05. The stock has a fifty day simple moving average of $6.63 and a two-hundred day simple moving average of $6.36. The firm has a market cap of $254.24 million, a price-to-earnings ratio of 54.71 and a beta of 1.02.

Immersion (NASDAQ:IMMR – Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The software maker reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.07. The business had revenue of $270.00 million for the quarter, compared to the consensus estimate of $230.00 million. On average, equities research analysts forecast that Immersion Corporation will post 0.26 EPS for the current fiscal year.

Immersion Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 20th will be paid a dividend of $0.075 per share. The ex-dividend date is Monday, July 20th. This represents a $0.30 dividend on an annualized basis and a yield of 3.9%. Immersion’s payout ratio is currently 214.29%.

Immersion Profile

(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.

Since its founding in 1993, Immersion has built an extensive intellectual property portfolio of more than 950 issued patents worldwide.