On Jun 27, 2018 Immersion (NASDAQ:IMMR) Downgraded By Dougherty From “Buy”.

June 27, 2018 - By Anthony Rauscher

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 positions while 21 funds took positions. Funds hold 20.92 million shares thus 0.15% less from 2017Q4’s 20.95 million shares.

Barclays Public Ltd Liability has 23,661 shs. Moreover, Trexquant Inv L P has 0.03% invested in Immersion Corporation (NASDAQ:IMMR) for 41,794 shs. Cooper Creek Prns Management Ltd stated it has 989,099 shs. Blackrock accumulated 0% or 1.88 million shs. Clearline Capital Limited Partnership holds 0.69% or 62,637 shs in its capital. Nokomis Capital Ltd Limited Liability Company has invested 0.87% in Immersion Corporation (NASDAQ:IMMR). Int Grp invested in 18,615 shs. Fny Managed Accounts Ltd Liability Company owns 237 shs or 0% of their US capital. New York-based Comml Bank Of New York Mellon has invested 0% in Immersion Corporation (NASDAQ:IMMR). Menta Cap Limited invested in 12,950 shs. California State Teachers Retirement Systems holds 0% in Immersion Corporation (NASDAQ:IMMR) or 45,009 shs. Deutsche Financial Bank Ag has invested 0% in Immersion Corporation (NASDAQ:IMMR). Bluecrest Capital Ltd reported 10,833 shs. Morgan Stanley holds 0% or 66,663 shs. Peak6 Investments Lp invested in 0% or 32,021 shs.

Immersion Corporation had 6 insider sales and 0 insider buys since February 23, 2018. This’s net activity of $20.23 million. $45,110 worth of Immersion Corporation (NASDAQ:IMMR) shs were sold by Erba Nancy. On Wednesday, June 6 the insider Senvest Management – LLC sold $2.83M.

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

The shares rating of Immersion (NASDAQ:IMMR) was lowered to “Neutral” from “Buy” by equity research analysts at Dougherty. On Tuesday, 26 June the cut was reported in a report.

Immersion Corporation (NASDAQ:IMMR) Ratings Coverage

Total analysts of 3 have positions in Immersion Corp (NASDAQ:IMMR) as follows: 1 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 33%. Since January 16, 2018 according to StockzIntelligence Inc Immersion Corp has 7 analyst reports. On Tuesday, January 16 the firm has “Buy” rating by Craig Hallum given. On Friday, February 23 the firm earned “Buy” rating by FBR Capital. On Tuesday, June 26 the firm has “Neutral” rating by Dougherty given. On Friday, February 23 the rating was maintained by Craig Hallum with “Buy”. In Friday, May 11 report Craig Hallum maintained the stock with “Buy” rating. On Monday, June 18 the firm has “Hold” rating given by Craig Hallum. On Monday, January 29 the stock has “Buy” rating by Craig Hallum.

IMMR is reaching $15.66 during the last trading session, after decreased 0.45%.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&P500 by 52.05%.

On August, 2 is expected Immersion Corporation (NASDAQ:IMMR)’s earnings report, according to Zacks. The EPS diference is $0.25 or 60.98 % up from last years number. Previous year: $-0.41; Analysts forcast: $-0.16. -106.96 % negative EPS growth is what analysts predict. $2.30 EPS was revealed for previous quarter.

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia.The firm is worth $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 announced by: Profitconfidential.com which released on June 12, 2018 “IMMR Stock Looks Skyward After Completing Massive Price Pattern”, also Schaeffersresearch.com on June 18, 2018 announced “Surging Tech Stock Hit with Rare Downgrade”, the next Seekingalpha.com is “Immersion -1.8% on Dougherty downgrade due to lower license estimates” on June 26, 2018. Nasdaq.com has article titled “9 Augmented Reality Stocks to Enhance Your Portfolio”.

Immersion Corporation (NASDAQ:IMMR) Institutional Investors Chart

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