On Jun 27, 2018 Dougherty Reports Rating Change From “Buy” On Immersion (NASDAQ:IMMR).

June 27, 2018 - By Loretta Love

Immersion Corporation (NASDAQ:IMMR) Corporate Logo

During 2018 Q1 the big money sentiment increased to 1.11. That’s change of 0.32, from 2017Q4’s 0.79. 11 investors sold all, 24 reduced holdings as Immersion Corporation ratio is positive. 18 rose holdings while 21 funds bought holdings. Funds hold 20.92 million shares thus 0.15% less from 2017Q4’s 20.95 million shares.

Moreover, Cubist Systematic Strategies Ltd Llc has 0.02% invested in Immersion Corporation (NASDAQ:IMMR) for 24,028 shs. Fuller And Thaler Asset Incorporated invested in 209,125 shs. Cooper Creek Ptnrs Management Ltd Com, a New York-based fund reported 989,099 shs. Royal National Bank Of Canada has 1,007 shs. Blackrock accumulated 1.88 million shs or 0% of the stock. Walleye Trading Ltd Limited Liability Company accumulated 132,281 shs. Parallax Volatility Advisers L P holds 127,461 shs or 0% of its capital. The New York-based Bluefin Trading Ltd Limited Liability Company has invested 0.02% in Immersion Corporation (NASDAQ:IMMR). Bluecrest Capital Mngmt Limited owns 10,833 shs. Geode Capital Management Lc invested 0% of its capital in Immersion Corporation (NASDAQ:IMMR). Marathon Capital Mgmt invested in 0.14% or 30,000 shs. Carroll Assoc Incorporated invested in 1,000 shs. Shannon River Fund Management Lc holds 1.82M shs. Nokomis Cap Limited Liability Corporation accumulated 378,278 shs. Private Advisor Group Limited Liability Corporation reported 92,336 shs.

Immersion Corporation had 6 insider sales and 0 insider purchases since February 23, 2018. This’s net activity of $20.23 million. On Wednesday, March 7 a trade for 3,799 shs valued at $45,110 was made by Erba Nancy. $17.15M worth of stock was sold by Senvest Management – LLC on Thursday, May 17.

Dougherty Lowered Immersion (NASDAQ:IMMR)’s Stock Rating to “Neutral”.

Immersion (NASDAQ:IMMR)‘s rating change was announced by Professional analysts at Dougherty. On Tuesday morning they have decreased IMMR’s rating to “Neutral” from “Buy”.

Immersion Corporation (NASDAQ:IMMR) Ratings Coverage

In total 3 analysts cover Immersion Corp (NASDAQ:IMMR). “Buy” rating has 1, “Sell” are 0, while 2 are “Hold”. 33% are bullish. 7 are the (NASDAQ:IMMR)’s analyst reports since January 16, 2018 according to StockzIntelligence Inc. In Friday, February 23 report FBR Capital maintained it with “Buy” rating and $18.0 target. On Monday, June 18 the firm has “Hold” rating given by Craig Hallum. On Friday, May 11 the stock of Immersion Corporation (NASDAQ:IMMR) earned “Buy” rating by Craig Hallum. On Monday, January 29 Craig Hallum maintained Immersion Corporation (NASDAQ:IMMR) with “Buy” rating. On Friday, February 23 the rating was maintained by Craig Hallum with “Buy”. On Tuesday, January 16 the stock of Immersion Corporation (NASDAQ:IMMR) has “Buy” rating given by Craig Hallum. On Tuesday, June 26 the firm has “Neutral” rating by Dougherty given.

The stock decreased 0.45% or $0.07 during the last trading session, hitting $15.66.Currently Immersion Corporation is uptrending after 64.62% change in last June 27, 2017. IMMR has also 223,432 shares volume. IMMR outperformed the S&P 500 by 52.05%.

Immersion Corporation (NASDAQ:IMMR)’s quarterly earnings will be revealed on August, 2., RTT reports. earnings per share of $-0.16 is 60.98 % up from 2017’s $-0.41 EPS. Wall Street predicts -106.96 % negative EPS growth as of August, 2.

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia.The firm is valued at $477.22 million. The Company’s technologies allow people to use their sense of touch when they engage with various digital products.The P/E ratio is 12.33. The firm offers TouchSense Lite and TouchSense Premium toolkits that enable original equipment manufacturers and their suppliers to add customized haptic technologies to their own branded devices and other products.

A couple more Immersion Corporation (NASDAQ:IMMR) news were brought out by: Seekingalpha.com which released on June 26, 2018 “Immersion -1.8% on Dougherty downgrade due to lower license estimates”, also Profitconfidential.com on June 12, 2018 brought out “IMMR Stock Looks Skyward After Completing Massive Price Pattern”, the next Nasdaq.com is “9 Augmented Reality Stocks to Enhance Your Portfolio” on June 06, 2018. Schaeffersresearch.com has article titled “Surging Tech Stock Hit with Rare Downgrade”.

Immersion Corporation (NASDAQ:IMMR) Institutional Investors Chart

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