Immersion Corp (IMMR) Holding Has Raised by Shannon River Fund Management Llc

June 14, 2018 - By reb123z

Immersion Corporation (NASDAQ:IMMR) LogoInvestors sentiment increased to 1.11 in 2018 Q1. Its up 0.32, from 0.79 in 2017Q4. It improved, as 11 investors sold IMMR 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. Federated Investors Inc Pa holds 0% in Immersion Corporation (NASDAQ:IMMR) or 1,075 shares. Private Advisor Gp Llc owns 0.04% invested in Immersion Corporation (NASDAQ:IMMR) for 92,336 shares. D E Shaw & Co has invested 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR). Stifel Financial owns 10,819 shares or 0% of their US portfolio. Voya Invest Management Ltd Liability Corporation has invested 0% in Immersion Corporation (NASDAQ:IMMR). Bancshares Of Ny Mellon holds 0% or 112,925 shares. Peak6 Invs Lp has invested 0% in Immersion Corporation (NASDAQ:IMMR). Ameritas Investment Ptnrs owns 2,323 shares or 0% of their US portfolio. Legal General Gru Pcl accumulated 4,912 shares. Rhumbline Advisers holds 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR) for 25,873 shares. Shannon River Fund Ltd Limited Liability Company has invested 5.46% in Immersion Corporation (NASDAQ:IMMR). 18,267 are owned by Wells Fargo & Mn. 7,250 were accumulated by Bancorporation Of America Corp De. Walleye Trading Ltd Liability Com invested in 0.01% or 132,281 shares. Menta Cap Ltd Liability Com holds 0.03% or 12,950 shares in its portfolio.

Since February 23, 2018, it had 0 buys, and 6 insider sales for $20.23 million activity. Peters Anne Marie had sold 4,435 shares worth $52,662. On Thursday, May 17 the insider Senvest Management – LLC sold $17.15M.

Spencer M. Waxman increased its stake in Immersion Corp (IMMR) by 98.37% based on its latest 2018Q1 regulatory filing with the SEC. Shannon River Fund Management Llc bought 903,189 shares as the company’s stock rose 15.54% while stock markets declined. The hedge fund run by Spencer M. Waxman held 1.82 million shares of the computer peripheral equipment company at the end of 2018Q1, valued at $21.77M, up from 918,130 at the end of the previous reported quarter. Shannon River Fund Management Llc who had been investing in Immersion Corp for a number of months, seems to be bullish on the $522.62M market cap company. The stock increased 2.20% or $0.37 during the last trading session, reaching $17.15. About 1.21 million shares traded or 93.84% up from the average. Immersion Corporation (NASDAQ:IMMR) has risen 64.62% since June 14, 2017 and is uptrending. It has outperformed by 52.05% the S&P500.

Shannon River Fund Management Llc, which manages about $2.55 billion and $398.95 million US Long portfolio, decreased its stake in Blackline Inc by 120,895 shares to 201,936 shares, valued at $7.92M in 2018Q1, according to the filing.

More important recent Immersion Corporation (NASDAQ:IMMR) news were published by: Nasdaq.com which released: “9 Augmented Reality Stocks to Enhance Your Portfolio” on June 06, 2018, also Profitconfidential.com published article titled: “IMMR Stock Looks Skyward After Completing Massive Price Pattern”, Businesswire.com published: “Immersion Reaches 3000 Issued and Pending Haptics Patents” on June 13, 2018. More interesting news about Immersion Corporation (NASDAQ:IMMR) was released by: Seekingalpha.com and their article: “Immersion Beats, Guides Higher – The Apple Settlement Leads To A Long Tail On Revenues” with publication date: May 18, 2018.

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 has $18.0 highest and $12.0 lowest target. $17.50’s average target is 2.04% above currents $17.15 stock price. Immersion Corp had 5 analyst reports since January 16, 2018 according to SRatingsIntel. The company was upgraded on Tuesday, January 16 by Craig Hallum. The firm earned “Buy” rating on Friday, February 23 by FBR Capital. The rating was maintained by Craig Hallum on Monday, January 29 with “Buy”. Craig Hallum maintained Immersion Corporation (NASDAQ:IMMR) on Friday, May 11 with “Buy” rating. The rating was maintained by Craig Hallum with “Buy” on Friday, February 23.

Immersion Corporation (NASDAQ:IMMR) Institutional Positions Chart

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