Dougherty & Company Downgraded Immersion (NASDAQ:IMMR)’s Rating From “Buy”.

June 27, 2018 - By Alex Paulin

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 increased. 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.

D E Shaw & holds 0% of its capital in Immersion Corporation (NASDAQ:IMMR) for 29,800 shs. Bank & Trust Of Ny Mellon Corporation accumulated 112,925 shs. Federated Invsts Pa has invested 0% in Immersion Corporation (NASDAQ:IMMR). State Common Retirement Fund owns 25,600 shs for 0% of their capital. 203,390 are owned by Goldman Sachs Inc. Citigroup Incorporated owns 3,650 shs or 0% of their US capital. Vanguard Grp has invested 0% in Immersion Corporation (NASDAQ:IMMR). 526,088 are owned by State Street. Moreover, Voya Management Ltd Liability Com has 0% invested in Immersion Corporation (NASDAQ:IMMR) for 14,136 shs. Private Advisor Gp Ltd Llc has 0.04% invested in Immersion Corporation (NASDAQ:IMMR). Ameritas Invest Prtnrs holds 0% or 2,323 shs in its capital. Barclays Public Limited Company holds 23,661 shs. American Grp Inc Inc reported 0% stake. Peak6 Invests Lp holds 0% or 32,021 shs in its capital. Oz Mngmt Lp reported 32,000 shs.

Immersion Corporation registered $20.23 million net activity with 0 buys and 6 sales since February 23, 2018. Shares for $17.15 million were sold by Senvest Management – LLC. On Wednesday, March 7 Erba Nancy had sold 3,799 shs worth $45,110.

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

On Tuesday, 26 June analysts at Dougherty & Company downgraded Immersion (NASDAQ:IMMR)‘s shares rating to “Neutral” from “Buy”. IMMR’s rating change was published in a research report.

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”. (NASDAQ:IMMR) has 33% bullish analysts. 7 are the (NASDAQ:IMMR)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, June 26 the rating was downgraded by Dougherty to “Neutral”. On Tuesday, January 16 Craig Hallum upgraded Immersion Corporation (NASDAQ:IMMR) to “Buy” rating. On Friday, February 23 the firm has “Buy” rating by Craig Hallum given. On Friday, May 11 the rating was maintained by Craig Hallum with “Buy”. On Monday, June 18 Craig Hallum downgraded Immersion Corporation (NASDAQ:IMMR) to “Hold” rating. On Friday, February 23 FBR Capital maintained the shares of IMMR in report with “Buy” rating. On Monday, January 29 the stock of Immersion Corporation (NASDAQ:IMMR) has “Buy” rating given by Craig Hallum.

Ticker’s shares touched $15.73 during the last trading session after 0.32% change.Immersion Corporation is uptrending after having risen 64.62% since June 27, 2017. IMMR has 796,898 volume or 15.49% up from normal. IMMR outperformed by 52.05% the S&P500.

Earnings report for Immersion Corporation (NASDAQ:IMMR) is awaited on August, 2., according to RTT. Last year’s earnings per share was $-0.41, while now analysts expect change of 60.98 % up from current $-0.16 earnings per share. 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 worth $479.35 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 12.39. 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.

More recent Immersion Corporation (NASDAQ:IMMR) news were released by Profitconfidential.com, Seekingalpha.com and Schaeffersresearch.com. The first one has “IMMR Stock Looks Skyward After Completing Massive Price Pattern” as a title and was released on June 12, 2018. The next is “Immersion -1.8% on Dougherty downgrade due to lower license estimates” on June 26, 2018. And last was released on June 18, 2018, called “Surging Tech Stock Hit with Rare Downgrade”.

Immersion Corporation (NASDAQ:IMMR) Institutional Investors Chart

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