Dougherty Downgraded Immersion (NASDAQ:IMMR)’s Rating From Buy.

June 27, 2018 - By Arturo Altman

Immersion Corporation (NASDAQ:IMMR) Corporate Logo

Big Money Sentiment increased to 1.11 in 2018 Q1. It has change of 0.32, from 2017Q4’s 0.79. The ratio increased due to Immersion Corporation positioning: 11 sold and 24 reduced. 21 funds took holdings and 18 increased holdings. Investors holded 20.95 million in 2017Q4 but now own 20.92 million shares or 0.15% less.

50,700 were accumulated by Mackay Shields Ltd Com. Georgia-based Invesco Ltd has invested 0% in Immersion Corporation (NASDAQ:IMMR). Moreover, Balyasny Asset Limited Liability has 0% invested in Immersion Corporation (NASDAQ:IMMR). Peak6 Invs Lp invested in 0% or 32,021 shs. Wealthtrust holds 0.01% or 877 shs in its capital. Royal Bancorp Of Canada owns 0% invested in Immersion Corporation (NASDAQ:IMMR) for 1,007 shs. Bluefin Trading Limited Liability stated it has 28,928 shs. Northern Corporation invested in 369,353 shs. Parallax Volatility Advisers L P owns 127,461 shs. The New York-based Metropolitan Life Ins has invested 0% in Immersion Corporation (NASDAQ:IMMR). Tiaa Cref Inv Mgmt Ltd Llc invested in 0% or 282,088 shs. Deutsche National Bank & Trust Ag holds 31,392 shs or 0% of its capital. Bluecrest Mgmt Ltd, Guernsey-based fund reported 10,833 shs. 134,525 are held by Art Advisors Llc. Walleye Trading Ltd Company owns 132,281 shs.

Immersion Corporation registered $20.23 million net activity with 0 insider buys and 6 sales since February 23, 2018. On Thursday, May 17 Senvest Management – LLC had sold 1.25 million shs worth $17.15M. Erba Nancy sold $45,110 worth of stock or 3,799 shs.

Dougherty Cut Immersion (NASDAQ:IMMR)’s Stock Rating to Neutral.

Dougherty has changed Immersion (NASDAQ:IMMR)‘s rating to Neutral from Buy. The cut was issued in a research note on 26 June.

Immersion Corporation (NASDAQ:IMMR) Ratings Coverage

A total of 3 analysts rate Immersion Corp (NASDAQ:IMMR) as follows: 1 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NASDAQ:IMMR) has 7 ratings reports on Jun 27, 2018 according to StockzIntelligence. In Monday, June 18 report Craig Hallum downgraded the stock to “Hold” rating. On Friday, May 11 Craig Hallum maintained the shares of IMMR in report with “Buy” rating. On Friday, February 23 Craig Hallum maintained Immersion Corporation (NASDAQ:IMMR) with “Buy” rating. On Tuesday, June 26 the firm earned “Neutral” rating by Dougherty. In Monday, January 29 report Craig Hallum maintained the stock with “Buy” rating. In Friday, February 23 report FBR Capital maintained the stock with “Buy” rating. On Tuesday, January 16 the rating was upgraded by Craig Hallum to “Buy”.

IMMR is reaching $15.66 during the last trading session, after decreased 0.45%.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 anticipated on August, 2., Zacks reports. Analysts expect change of 60.98 % or $0.25 from previous year’s $-0.41 earnings per share compared to current’s $-0.16 earnings per share. Wall Street now sees -106.96 % negative EPS growth despite Immersion Corporation last quarter’s EPS of $2.30.

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 posted by: Profitconfidential.com which released on June 12, 2018 “IMMR Stock Looks Skyward After Completing Massive Price Pattern”, also Nasdaq.com on June 06, 2018 posted “9 Augmented Reality Stocks to Enhance Your Portfolio”, the next Schaeffersresearch.com is “Surging Tech Stock Hit with Rare Downgrade” on June 18, 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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