Viex Capital Advisors: Immersion Corp Has decreased Its Position

May 16, 2018 - By Robert Shackelford

Immersion Corporation (NASDAQ:IMMR) Corporate Logo

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

Hilton Mngmt Lc has invested 0.01% in Immersion Corporation (NASDAQ:IMMR). Minnesota-based Walleye Trading Limited Co has invested 0% in Immersion Corporation (NASDAQ:IMMR). Peak6 Invests L P invested 0% in Immersion Corporation (NASDAQ:IMMR). Bluefin Trading Limited Co holds 0.01% in Immersion Corporation (NASDAQ:IMMR) or 30,458 shs. Wells Fargo Mn has 0% invested in Immersion Corporation (NASDAQ:IMMR). Manufacturers Life The has invested 0% of its capital in Immersion Corporation (NASDAQ:IMMR). Gru accumulated 19,616 shs. 516,315 are held by State Street. Cooper Creek Prns Management Limited Com invested 1.89% of its capital in Immersion Corporation (NASDAQ:IMMR). Geode Mgmt Lc owns 267,089 shs. Voya Investment Ltd Liability Com holds 0% or 15,373 shs. Ameritas Invest invested in 0% or 2,323 shs. 1,193 were accumulated by Royal Commercial Bank Of Canada. Legal & General Gru Public reported 0% stake. Pdt Prtnrs Ltd holds 0.02% or 98,900 shs.

Immersion Corporation had 4 selling transactions and 2 insider buys since December 8, 2017. This’s net activity of $3.08 million. On Wednesday, March 7 Erba Nancy sold $45,110 worth of Immersion Corporation (NASDAQ:IMMR). On Thursday, March 1 Peters Anne Marie sold $19,063 worth of Immersion Corporation (NASDAQ:IMMR).

Viex Capital Advisors posted reduced Interest in Immersion Corp

By clicking the link 000092189518001743 you will find SC 13D/A SEC report registered by Viex Capital Advisors about Immersion Corp.The Viex Capital Advisors’s stake decreased by -419.33 % for 438,492 shares.In another report on May 14, 2018 the percentage Viex Capital Advisors holds in Information Technology- stock is 1.4%.

Immersion Corp Institutional Holdings

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

The stock participate in the top Ten portfolios of 2 managers. Significant investors are: Raging Capital Management Llc..

The first, Cooper Creek Partners Management Llc is holding 421501 shares since Q3 2017 for 2.04% of its portfolio. The next Shannon River Fund Management Llc holds 1029801 shares or 2.75% of its portfolio. 2849289 shares holds NJ Raging Capital Management Llc which is 3.62% of their stock portfolio. University Of Notre Dame Du Lac posted stake worth 1.62% of its US stock portfolio. Further, the 1100760 shares are had by NY Kingdom Ridge Capital Llc. Immersion Corp is 1.20% of the manager�s US portfolio.

Investors expect Immersion Corporation (NASDAQ:IMMR)’s quarterly earnings on August, 2., Faxor reports. This year’s EPS analyst estimate is awaited to be $-0.11. That is 73.17 % up compareed to $-0.41 EPS for last year. After $2.30 EPS report previous quarter, Wall Street now sees -104.78 % negative EPS growth of Immersion Corporation.

IMMR is touching $13.91 during the last trading session, after increased 3.81%.Immersion Corporation is uptrending after having risen 40.28% since May 16, 2017. IMMR has 2.10 million volume or 205.26% up from normal. IMMR outperformed by 28.73% the S&P500.

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia.The company has $422.29 million market cap. The Company’s technologies allow people to use their sense of touch when they engage with various digital products.Currently it 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.

Immersion Corporation (NASDAQ:IMMR) Ratings Coverage

In total 2 analysts cover Immersion Corp (NASDAQ:IMMR). “Buy” rating has 2, “Sell” are 0, while 0 are “Hold”. (NASDAQ:IMMR) has 100% bullish analysts. With $18.0 highest and $9.75 lowest target, Immersion Corp has $17.50 average target or 25.81% above the current ($13.91) price. 6 are the (NASDAQ:IMMR)’s ratings reports on 16 May 2018 according to StockzIntelligence Inc. On Monday, January 29 the stock of Immersion Corporation (NASDAQ:IMMR) earned “Buy” rating by Craig Hallum. On Friday, February 23 the rating was maintained by Craig Hallum with “Buy”. On Friday, February 23 FBR Capital maintained the shares of IMMR in report with “Buy” rating. On Tuesday, January 16 the firm earned “Buy” rating by Craig Hallum. On Friday, May 11 the firm has “Buy” rating by Craig Hallum given.

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

Immersion Corporation (NASDAQ:IMMR) Institutional Investors Chart

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