Essex Investment Management Co. LLC Buys Shares of 169,021 Intermolecular Inc (IMI)
Essex Investment Management Co. LLC bought a new stake in shares of Intermolecular Inc (NASDAQ:IMI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 169,021 shares of the semiconductor company’s stock, valued at approximately $232,000.
Separately, ValuEngine upgraded Intermolecular from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st.
Intermolecular Inc (IMI) opened at $1.26 on Friday. Intermolecular Inc has a one year low of $0.80 and a one year high of $1.65.
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Intermolecular, Inc provides thin film solutions. The Company’s high productivity combinatorial (HPC) platform, which consists of its tempus processing tools, its automated characterization methods, and its Informatics analysis software, is purpose-built for research and development (R&D) using combinatorial process systems.
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