IntraLinks Holdings Inc. (IL) Trading 2.9% Higher
IntraLinks Holdings Inc. (NYSE:IL) traded up 2.9% during trading on Thursday . The company traded as high as $6.82 and last traded at $6.70, with a volume of 223,630 shares traded. The stock had previously closed at $6.51.
A number of equities research analysts have recently commented on the company. B. Riley reaffirmed a “buy” rating and set a $14.25 price target on shares of IntraLinks Holdings in a research report on Friday, April 29th. Craig Hallum lowered IntraLinks Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, May 4th. Finally, Zacks Investment Research raised IntraLinks Holdings from a “hold” rating to a “strong-buy” rating and set a $8.75 price target on the stock in a research report on Friday, May 6th.
The stock has a 50-day moving average price of $7.27 and a 200-day moving average price of $7.88. The stock’s market capitalization is $380.77 million.
Other large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of IntraLinks Holdings by 6.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,845,861 shares of the company’s stock worth $16,742,000 after buying an additional 109,592 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of IntraLinks Holdings by 35.9% in the fourth quarter. Wells Fargo & Company MN now owns 127,115 shares of the company’s stock worth $1,153,000 after buying an additional 33,551 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in shares of IntraLinks Holdings during the fourth quarter worth $15,097,000.
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.
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