Were Analysts Bearish Immersion Corporation (NASDAQ:IMMR) This Week?

June 13, 2018 - By Marguerite Chambers

Immersion Corporation (NASDAQ:IMMR) LogoInvestors sentiment increased to 1.11 in Q1 2018. Its up 0.32, from 0.79 in 2017Q4. It improved, as 11 investors sold Immersion Corporation shares while 24 reduced holdings. 21 funds opened positions while 18 raised stakes. 20.92 million shares or 0.15% less from 20.95 million shares in 2017Q4 were reported.
American Inc holds 0% or 18,615 shares. Voya Mngmt Limited holds 0% in Immersion Corporation (NASDAQ:IMMR) or 14,136 shares. Trexquant Ltd Partnership owns 41,794 shares for 0.03% of their portfolio. 28,928 are held by Bluefin Trading. Natl Bank Of America De has 0% invested in Immersion Corporation (NASDAQ:IMMR). Royal Bank Of Canada has 0% invested in Immersion Corporation (NASDAQ:IMMR) for 1,007 shares. Jefferies Grp Llc holds 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR) for 12,650 shares. Cubist Systematic Strategies Lc owns 0.02% invested in Immersion Corporation (NASDAQ:IMMR) for 24,028 shares. Pennsylvania-based Vanguard Group has invested 0% in Immersion Corporation (NASDAQ:IMMR). Legal & General Gru Pcl invested in 4,912 shares. Geode Limited Co reported 269,104 shares or 0% of all its holdings. Citadel Advisors Ltd Liability Corp owns 78,044 shares for 0% of their portfolio. Shannon River Fund Mngmt Ltd Liability Corp owns 1.82M shares. Marathon Mgmt holds 0.14% or 30,000 shares. Carroll holds 0% or 1,000 shares in its portfolio.

Since December 13, 2017, it had 0 buys, and 6 insider sales for $20.23 million activity. $17.15 million worth of Immersion Corporation (NASDAQ:IMMR) was sold by Senvest Management – LLC. $125,316 worth of Immersion Corporation (NASDAQ:IMMR) was sold by Peters Anne Marie on Friday, February 23. 326,366 shares valued at $2.15M were bought by Raging Capital Management – LLC on Wednesday, December 13.

Immersion Corporation (NASDAQ:IMMR) Ratings Coverage

Among 2 analysts covering Immersion Corp (NASDAQ:IMMR), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Immersion Corp had 5 analyst reports since January 16, 2018 according to SRatingsIntel. Craig Hallum maintained it with “Buy” rating and $17.0 target in Friday, February 23 report. The stock of Immersion Corporation (NASDAQ:IMMR) has “Buy” rating given on Friday, February 23 by FBR Capital. As per Monday, January 29, the company rating was maintained by Craig Hallum. The stock of Immersion Corporation (NASDAQ:IMMR) has “Buy” rating given on Tuesday, January 16 by Craig Hallum. The firm has “Buy” rating given on Friday, May 11 by Craig Hallum. Below is a list of Immersion Corporation (NASDAQ:IMMR) latest ratings and price target changes.

11/05/2018 Broker: Craig Hallum Rating: Buy New Target: $17.0000 Maintain
23/02/2018 Broker: Craig Hallum Rating: Buy New Target: $17.0 Maintain
23/02/2018 Broker: FBR Capital Rating: Buy New Target: $18.0 Maintain
29/01/2018 Broker: Craig Hallum Rating: Buy New Target: $15.0 Maintain
16/01/2018 Broker: Craig Hallum Rating: Buy New Target: $12.0 Upgrade

The stock increased 3.52% or $0.59 during the last trading session, reaching $17.37. About 758,554 shares traded or 23.86% up from the average. Immersion Corporation (NASDAQ:IMMR) has risen 64.62% since June 13, 2017 and is uptrending. It has outperformed by 52.05% the S&P500.

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia. The company has market cap of $529.33 million. The Company’s technologies allow people to use their sense of touch when they engage with various digital products. It currently has negative earnings. 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 important recent Immersion Corporation (NASDAQ:IMMR) news were published by: Fool.com which released: “About to Buy Penny Stocks? Look at These 3 Companies First” on June 03, 2018, also Profitconfidential.com published article titled: “IMMR Stock Looks Skyward After Completing Massive Price Pattern”, Seekingalpha.com published: “Immersion Beats, Guides Higher – The Apple Settlement Leads To A Long Tail On Revenues” on May 18, 2018. More interesting news about Immersion Corporation (NASDAQ:IMMR) was released by: Nasdaq.com and their article: “9 Augmented Reality Stocks to Enhance Your Portfolio” with publication date: June 06, 2018.

Immersion Corporation (NASDAQ:IMMR) Institutional Positions Chart

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