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

June 27, 2018 - By Joe Cepeda

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 improved. 18 rose holdings while 21 funds took holdings. Funds hold 20.92 million shares thus 0.15% less from 2017Q4’s 20.95 million shares.

Cooper Creek Prtn Mngmt Limited Company reported 6.68% of its capital in Immersion Corporation (NASDAQ:IMMR). Private Advisor Group Inc Limited Co owns 92,336 shs or 0.04% of their US capital. Moreover, Trexquant Inv L P has 0.03% invested in Immersion Corporation (NASDAQ:IMMR). California State Teachers Retirement holds 0% or 45,009 shs. Balyasny Asset Management Limited stated it has 10,235 shs. Manufacturers Life The invested 0% in Immersion Corporation (NASDAQ:IMMR). Ameritas Inv Inc has 0% invested in Immersion Corporation (NASDAQ:IMMR) for 2,323 shs. Vanguard Gru Inc has 0% invested in Immersion Corporation (NASDAQ:IMMR). Bancorporation Of America De has invested 0% in Immersion Corporation (NASDAQ:IMMR). 9,866 are held by Metropolitan Life Insur Ny. Bluefin Trading Limited Com accumulated 28,928 shs. Tiaa Cref Investment Management Limited Liability Co holds 0% or 282,088 shs. Citadel Advsr Lc stated it has 78,044 shs or 0% of all its holdings. Columbia Pacific Advsr Limited Com holds 0.46% or 29,870 shs. Moreover, Peak6 Invests Limited Partnership has 0% invested in Immersion Corporation (NASDAQ:IMMR).

Immersion Corporation had 6 insider sales and 0 insider buys since February 23, 2018. This’s net activity of $20.23 million. 3,799 shs were sold by Erba Nancy, worth $45,110 on Wednesday, March 7. On Thursday, May 17 Senvest Management – LLC had sold 1.25 million shs worth $17.15 million.

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

Dougherty changed on Tuesday, 26 June the rating of Immersion (NASDAQ:IMMR). The broker decreased IMMR’s stock rating from “Buy” to “Neutral”.

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 Friday, May 11 the stock of Immersion Corporation (NASDAQ:IMMR) earned “Buy” rating by Craig Hallum. On Monday, June 18 the stock of Immersion Corporation (NASDAQ:IMMR) has “Hold” rating given by Craig Hallum. On Tuesday, January 16 the stock has “Buy” rating by Craig Hallum. On Friday, February 23 the stock of Immersion Corporation (NASDAQ:IMMR) has “Buy” rating given by Craig Hallum. On Monday, January 29 the rating was maintained by Craig Hallum with “Buy”. On Friday, February 23 FBR Capital maintained Immersion Corporation (NASDAQ:IMMR) with “Buy” rating. On Tuesday, June 26 the firm has “Neutral” rating given by Dougherty.

IMMR reached $15.66 during the last trading session after $0.07 change.Immersion Corporation has volume of 223,432 shares. Since June 27, 2017 IMMR has risen 64.62% and is uptrending. IMMR outperformed the S&P 500 by 52.05%.

Immersion Corporation (NASDAQ:IMMR)’s earnings report is awaited by WallStreet on August, 2, according to RTT. Analysts predict $-0.16 EPS. That’s $0.25 up or 60.98 % from 2017’s earnings of $-0.41. Wall Street forecasts -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 $477.22 million. The Company’s technologies allow people to use their sense of touch when they engage with various digital products.12.33 is the P/E ratio. 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 released by: Schaeffersresearch.com which released on June 18, 2018 “Surging Tech Stock Hit with Rare Downgrade”, also Nasdaq.com on June 06, 2018 released “9 Augmented Reality Stocks to Enhance Your Portfolio”, the next Profitconfidential.com is “IMMR Stock Looks Skyward After Completing Massive Price Pattern” on June 12, 2018. Seekingalpha.com has article titled “Immersion -1.8% on Dougherty downgrade due to lower license estimates”.

Immersion Corporation (NASDAQ:IMMR) Institutional Investors Chart

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