Published on 6 May 2024 on Simply Wall St. via Yahoo Finance
Immersion Corporation (NASDAQ:IMMR) is a favorite amongst institutional investors who own 63%
Key Insights
Given the large stake in the stock by institutions, Immersion's stock price might be vulnerable to their trading decisions51% of the business is held by the top 19 shareholders Insiders have been selling lately
A look at the shareholders of Immersion Corporation (NASDAQ:IMMR) can tell us which group is most powerful. The group holding the most number of shares in the company, around 63% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.