Silver Capital Management adds Intralinks Holdings Inc (IL) to its portfolio

Intralinks Holdings Inc (IL) : Silver Capital Management added new position in Intralinks Holdings Inc during the most recent quarter end. The investment management firm now holds 92,710 shares of Intralinks Holdings Inc which is valued at $615,594 , the company said in a statement filed on Aug 3, 2016 with the SEC.Intralinks Holdings Inc makes up approximately 2.77% of Silver Capital Management’s portfolio.

Other Hedge Funds, Including , Simplex Trading added IL to its portfolio by purchasing 537 company shares during the most recent quarter which is valued at $3,700.

Intralinks Holdings Inc (IL) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $8.53 and reached the intraday high at $8.62. The bulls started the profit booking and pushed the shares to intraday low of $8.445. The trading session was marked by a volume range of 3,19,950 shares exchanging hands. The 52-week high of the shares is $12.09 and the 52-week low is $6.22. The market cap of the company stands at $487 M and there are 5,73,28,674 shares in public circulation.

On the company’s financial health, Intralinks Holdings Inc reported $-0.14 EPS for the quarter, missing the analyst consensus estimate by $ -0.17 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.03. The company had revenue of $73.00 million for the quarter, compared to analysts expectations of $72.81 million. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.

Many Wall Street Analysts have commented on Intralinks Holdings Inc. Intralinks Holdings Inc was Upgraded by Craig Hallum to ” Buy” on Aug 4, 2016.

Intralinks Holdings Inc. is a global 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 and exchange time-sensitive information inside and outside the firewall all within a secure and easy-to-use environment. The Company delivers its solutions through a cloud-based model making them available on-demand over the Internet using a multi-tenant SaaS architecture in which a single instance of its software serves all the customers. The Company serves enterprises and governmental agencies in approximately 94 countries across a range of industries including financial services pharmaceutical manufacturing biotechnology consumer energy telecommunications industrial legal professional services insurance and technology.

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