IntraLinks Holdings Inc. (IL) Stock Price Up 1.7%
IntraLinks Holdings Inc. (NYSE:IL) rose 1.7% during trading on Thursday . The company traded as high as $7.07 and last traded at $7.01, with a volume of 251,155 shares trading hands. The stock had previously closed at $6.89.
IL has been the topic of a number of research reports. B. Riley reaffirmed a “buy” rating and issued a $14.25 price target on shares of IntraLinks Holdings in a research note on Monday, May 9th. Zacks Investment Research raised shares of IntraLinks Holdings from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research note on Thursday. Finally, Craig Hallum lowered shares of IntraLinks Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, May 4th.
The firm’s market cap is $405.00 million. The firm has a 50-day moving average price of $7.02 and a 200-day moving average price of $7.71.
A hedge fund recently raised its stake in IntraLinks Holdings stock. Dimensional Fund Advisors LP raised its position in shares of IntraLinks Holdings Inc. (NYSE:IL) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,845,861 shares of the company’s stock after buying an additional 109,592 shares during the period. Dimensional Fund Advisors LP owned approximately 3.20% of IntraLinks Holdings worth $16,742,000 as of its most recent SEC filing.
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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