Immersion Corp’s Price Sunk After Viex Capital Advisors decreased Its Position

May 16, 2018 - By Benjamin Allen

Immersion Corporation (NASDAQ:IMMR) Corporate Logo

Big Money Sentiment decreased to 0.79 in Q4 2017. It has change of 0.46, from 2017Q3’s 1.25. The ratio turned negative due to Immersion Corporation positioning: 12 sold and 27 reduced. 15 funds amassed positions and 16 increased positions. Investors holded 20.81 million in 2017Q3 but now own 20.95 million shares or 0.68% more.

Wells Fargo & Comm Mn holds 18,010 shs or 0% of its capital. 261,480 are held by Vident Advisory Ltd Liability Corp. Cooper Creek Partners Ltd Co stated it has 415,001 shs. Ny State Common Retirement Fund owns 25,600 shs. Lyon Street Capital Limited Liability Corporation, California-based fund reported 109,468 shs. Bancorp Of America De reported 5,098 shs or 0% of all its holdings. Tiaa Cref Invest Management Ltd Com has invested 0% in Immersion Corporation (NASDAQ:IMMR). Nokomis Cap Lc stated it has 2.68% in Immersion Corporation (NASDAQ:IMMR). Shannon River Fund Mgmt Ltd Liability owns 918,130 shs. Raging Capital Management Limited Co reported 4.58% of its capital in Immersion Corporation (NASDAQ:IMMR). Products Prtn Ltd Co owns 98,900 shs. Vanguard holds 1.33M shs. Voya Investment Mngmt Limited Liability Corp reported 15,373 shs stake. Balyasny Asset Ltd Llc reported 28,217 shs. Parallax Volatility Advisers Limited Partnership has 4,410 shs.

Immersion Corporation registered $3.08 million net activity with 2 buys and 4 selling transactions since December 8, 2017. On Friday, February 23 a trade for 10,443 shs valued at $125,316 was made by Peters Anne Marie. Shares for $45,110 were sold by Erba Nancy.

Viex Capital Advisors announced reduced Interest in Immersion Corp

In the following link 000092189518001743 you can find SC 13D/A SEC filling about Immersion Corp, submitted by Viex Capital Advisors.The filler decreased its position in the stock by -419.33 % for 438,492 shares.Viex Capital Advisors currently owns 1.4% of the Information Technology- stock. This ownership filing was filed because activity on May 14, 2018.

Immersion Corp Institutional Sentiment

61 investors own Immersion Corp says the latest Securities and Exchange Commission filings. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By 6194770 shares it is increased. Institutional investors held 20812636. In total 7 funds opened new Immersion Corp stakes, 23 increased stakes. There were 8 that closed positions and 16 reduced them.

Here’s the stocks most Significant investors in which it takes place: Raging Capital Management Llc..

Since Q3 2017 Cooper Creek Partners Management Llc is having 2.04% of its US portfolio or 421501 shares. The stake that Shannon River Fund Management Llc announced worth 2.75% of its portfolio 1029801 shares. Further, Raging Capital Management Llc announced stake worth 3.62% of the manager�s US portfolio. 711122 shares has IN Raging Capital Management Llc which is 1.62% of their stock portfolio. The 1100760 shares are held by NY Kingdom Ridge Capital Llc. Immersion Corp is 1.20% of its portfolio.

Immersion Corporation (NASDAQ:IMMR)’s earnings report is anticipated by WallStreet on August, 2, as reported by RTT. EPS of $-0.11 is 73.17 % up from 2017’s $-0.41 EPS. -104.78 % negative EPS growth is what analysts predict. $2.30 EPS was reported for last quarter.

IMMR touched $13.91 during the last trading session after $0.51 change.Immersion Corporation is uptrending after having risen 40.28% since May 16, 2017. IMMR has 2.10M volume or 205.26% up from normal. The stock outperformed the S&P 500 by 28.73%.

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia.The firm is valued at $422.29 million. The Company’s technologies allow people to use their sense of touch when they engage with various digital products.Last it reported 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.

Immersion Corporation (NASDAQ:IMMR) Ratings Coverage

A total of 2 analysts rate Immersion Corp (NASDAQ:IMMR) as follows: 2 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. The firm has $18.0 highest and $9.75 lowest target. The avg target $17.50 is 25.81% above the last ($13.91) price. (NASDAQ:IMMR) has 6 ratings reports on 16 May 2018 according to StockzIntelligence. On Monday, January 29 Craig Hallum maintained the shares of IMMR in report with “Buy” rating. On Friday, February 23 the firm has “Buy” rating by FBR Capital given. On Friday, February 23 the firm has “Buy” rating given by Craig Hallum. On Tuesday, January 16 the firm has “Buy” rating by Craig Hallum given. The company rating was maintained by Craig Hallum on Friday, May 11.

Another two news for Immersion Corporation (NASDAQ:IMMR) were recently brought out by: Streetinsider.com on May 11, 2018 with title “Pre-Open Movers 05/11: (TTD) (IMMR) (AKCA) Higher; (SYMC) (CYTR) (RDFN) Lower (more…)”. The other Streetinsider.com‘s article was titled “Immersion (IMMR) Reports Pact with VIEX Capital Advisors” and brought out on May 11, 2018.

Immersion Corporation (NASDAQ:IMMR) Institutional Investors Chart

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