Swiss National Bank increased its position in IntraLinks Holdings Inc. (NYSE:IL) by 9.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 69,200 shares of the company’s stock after buying an additional 6,200 shares during the period. Swiss National Bank owned about 0.12% of IntraLinks Holdings worth $450,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Bogle Investment Management L P DE boosted its stake in shares of IntraLinks Holdings by 770.5% in the first quarter. Bogle Investment Management L P DE now owns 190,206 shares of the company’s stock worth $1,498,000 after buying an additional 168,357 shares during the period. Renaissance Technologies LLC boosted its stake in shares of IntraLinks Holdings by 13.5% in the first quarter. Renaissance Technologies LLC now owns 2,819,500 shares of the company’s stock worth $22,218,000 after buying an additional 335,400 shares during the period. Boothbay Fund Management LLC bought a new stake in shares of IntraLinks Holdings during the first quarter worth approximately $289,000. Ulysses Management LLC boosted its stake in shares of IntraLinks Holdings by 2.9% in the first quarter. Ulysses Management LLC now owns 2,264,433 shares of the company’s stock worth $17,843,000 after buying an additional 63,463 shares during the period. Finally, GW&K Investment Management LLC boosted its stake in shares of IntraLinks Holdings by 12.2% in the second quarter. GW&K Investment Management LLC now owns 175,152 shares of the company’s stock worth $1,138,000 after buying an additional 19,075 shares during the period. 91.62% of the stock is owned by institutional investors and hedge funds.
IntraLinks Holdings Inc. (NYSE:IL) traded up 0.83% on Tuesday, reaching $9.70. The company’s stock had a trading volume of 14,085 shares. The stock’s market cap is $550.80 million. The firm’s 50-day moving average price is $9.74 and its 200-day moving average price is $8.27. IntraLinks Holdings Inc. has a 52-week low of $6.22 and a 52-week high of $10.44.
IntraLinks Holdings (NYSE:IL) last announced its earnings results on Wednesday, August 3rd. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.17. The company had revenue of $73 million for the quarter, compared to the consensus estimate of $72.81 million. IntraLinks Holdings had a negative return on equity of 0.66% and a negative net margin of 8.92%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.01 earnings per share. On average, equities analysts expect that IntraLinks Holdings Inc. will post $0.20 earnings per share for the current year.
A number of equities research analysts recently commented on IL shares. JMP Securities started coverage on IntraLinks Holdings in a research note on Thursday, September 22nd. They set a “market perform” rating and a $13.00 price objective for the company. Zacks Investment Research cut IntraLinks Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. Craig Hallum raised IntraLinks Holdings from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a research note on Thursday, August 4th. Finally, B. Riley reissued a “buy” rating and issued a $17.50 target price on shares of IntraLinks Holdings in a research note on Saturday, August 6th.
IntraLinks Holdings Company Profile
Intralinks Holdings, Inc is a technology provider of software-as-a-service (SaaS) solutions for secure enterprise content collaboration within and among organizations. The Company’s cloud-based solutions enable organizations to manage, control, track, search, exchange and collaborate on sensitive information inside and outside the firewall.