Elberon adds Intralinks Holdings Inc (IL) to its portfolio

Intralinks Holdings Inc (IL) : Elberon added new position in Intralinks Holdings Inc during the most recent quarter end. The investment management firm now holds 83,000 shares of Intralinks Holdings Inc which is valued at $898,060 , the company said in a statement filed on Nov 14, 2016 with the SEC.Intralinks Holdings Inc makes up approximately 1.95% of Elberon’s portfolio.

Other Hedge Funds, Including , Aqr Capital Management boosted its stake in IL in the latest quarter, The investment management firm added 58,561 additional shares and now holds a total of 173,201 shares of Intralinks Holdings Inc which is valued at $1,898,283. Wasatch Advisors Inc sold out all of its stake in IL during the most recent quarter. The investment firm sold 52,723 shares of IL which is valued $535,138.Tiaa Cref Investment Management boosted its stake in IL in the latest quarter, The investment management firm added 50,660 additional shares and now holds a total of 412,014 shares of Intralinks Holdings Inc which is valued at $4,181,942.Aperio Group boosted its stake in IL in the latest quarter, The investment management firm added 12,119 additional shares and now holds a total of 27,067 shares of Intralinks Holdings Inc which is valued at $250,370.Rockefeller Financial Services Inc boosted its stake in IL in the latest quarter, The investment management firm added 42,100 additional shares and now holds a total of 1,225,820 shares of Intralinks Holdings Inc which is valued at $11,240,769. Intralinks Holdings Inc makes up approx 0.24% of Rockefeller Financial Services Inc’s portfolio.

Intralinks Holdings Inc opened for trading at $11.42 and hit $11.55 on the upside on Monday, eventually ending the session at $11.54, with a gain of 1.23% or 0.14 points. The heightened volatility saw the trading volume jump to 2,23,767 shares. Company has a market cap of $666 M.

On the company’s financial health, Intralinks Holdings Inc reported $-0.02 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Nov 2, 2016. Analyst had a consensus of $0.05. The company had revenue of $75.40 million for the quarter, compared to analysts expectations of $75.40 million. The company’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.11 EPS.

Many Wall Street Analysts have commented on Intralinks Holdings Inc. Intralinks Holdings Inc was Initiated by JMP Securities to “Mkt Perform” on Sep 22, 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.

Leave a Reply

Intralinks Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Intralinks Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.