Immersion Corp. (IMMR) CEO Clent Richardson buys 3,703 Shares

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Mar 10, 2009
President & CEO of Immersion Corp. (IMMR, Financial) Clent Richardson buys 3,703 shares of IMMR on 03/05/2009 at an average price of $2.68 a share.

IMMERSION CORP. develops hardware and software technologies that enable users to interact with computers using their sense of touch. Their patented technologies which are branded TouchSense enable devices such as mice joysticks knobs and medical simulation products to deliver tactile sensations that correspond to on-screen events. They focus on four application areas: computing and entertainment medical simulation professional and industrial and three-dimensional capture and interaction. Immersion Corp. has a market cap of $68.1 million; its shares were traded at around $2.44 with and P/S ratio of 1.9.

IMMR is in the portfolios of Richard Perry of Perry Capital.

Recent Trades of Immersion Corp. by CEO:
  • Buy: President & CEO Clent Richardson bought 3,703 shares of IMMR stock on 03/05/2009 at the average price of $2.68; the price of the stock has decreased by 8.96% since.

  • Buy: President & CEO, Director Clent Richardson bought 1,000 shares of IMMR stock on 09/12/2008 at the average price of $6.04; the price of the stock has decreased by 59.6% since.