Immersion (NASDAQ:IMMR) Hit “Neutral” From “Buy”.

June 27, 2018 - By Skott Medlock

Immersion Corporation (NASDAQ:IMMR) Corporate Logo

During Q1 2018 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 acquired holdings. Funds hold 20.92 million shares thus 0.15% less from 2017Q4’s 20.95 million shares.

Virtu Fincl Ltd holds 0.01% or 10,774 shs. Morgan Stanley reported 66,663 shs. Bluecrest Capital Mgmt Ltd has 0% invested in Immersion Corporation (NASDAQ:IMMR) for 10,833 shs. Northern Trust Corporation, a Illinois-based fund reported 369,353 shs. Alliancebernstein Limited Partnership reported 0% of its capital in Immersion Corporation (NASDAQ:IMMR). Fny Managed Accounts Limited Liability Com reported 237 shs or 0% of all its holdings. Int Group Inc invested in 18,615 shs or 0% of the stock. Wells Fargo & Mn stated it has 0% of its capital in Immersion Corporation (NASDAQ:IMMR). Bancorporation Of New York Mellon has invested 0% in Immersion Corporation (NASDAQ:IMMR). Nokomis Capital holds 378,278 shs or 0.87% of its capital. Moreover, Art Advsrs has 0.06% invested in Immersion Corporation (NASDAQ:IMMR). Invesco Ltd has invested 0% in Immersion Corporation (NASDAQ:IMMR). The New York-based Goldman Sachs Inc has invested 0% in Immersion Corporation (NASDAQ:IMMR). Citigroup accumulated 3,650 shs. Barclays Public Limited Company holds 0% of its capital in Immersion Corporation (NASDAQ:IMMR) for 23,661 shs.

Immersion Corporation registered $20.23 million net activity with 0 insider purchases and 6 sales since February 23, 2018. Peters Anne Marie sold $125,316 worth of Immersion Corporation (NASDAQ:IMMR) on Friday, February 23. $45,110 worth of Immersion Corporation (NASDAQ:IMMR) was sold by Erba Nancy.

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

It was reported on Tuesday morning that Dougherty decreased Immersion (NASDAQ:IMMR)‘s rating to “Neutral”. IMMR’s old rating was “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”. (NASDAQ:IMMR) has 33% bullish analysts. 7 are the (NASDAQ:IMMR)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the stock has “Buy” rating by Craig Hallum. On Monday, January 29 the firm has “Buy” rating given by Craig Hallum. On Friday, February 23 Craig Hallum maintained the shares of IMMR in report with “Buy” rating. On Friday, May 11 Craig Hallum maintained Immersion Corporation (NASDAQ:IMMR) rating. Craig Hallum has “Buy” rating and $1700 target. On Tuesday, June 26 the stock has “Neutral” rating by Dougherty. On Monday, June 18 the firm has “Hold” rating by Craig Hallum given. On Friday, February 23 FBR Capital maintained the shares of IMMR in report with “Buy” rating.

Ticker’s shares touched $15.66 during the last trading session after 0.45% change.Currently Immersion Corporation is uptrending after 64.62% change in last June 27, 2017. IMMR has also 223,432 shares volume. The stock outperformed the S&P500 by 52.05%.

Immersion Corporation (NASDAQ:IMMR)’s quarterly earnings will be announced on August, 2., as reported by RTT. The earnings per share diference is $0.25 or 60.98 % up from last years number. Previous year: $-0.41; Analysts forcast: $-0.16. After $2.30 earnings per share was announced previous quarter, analysts now see negative EPS growth of -106.96 % for Immersion Corporation.

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 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 Seekingalpha.com is “Immersion -1.8% on Dougherty downgrade due to lower license estimates” on June 26, 2018. Profitconfidential.com has article titled “IMMR Stock Looks Skyward After Completing Massive Price Pattern”.

Immersion Corporation (NASDAQ:IMMR) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: