Hawk Ridge Capital Management Lp buys $5,457,503 stake in Intralinks Holdings Inc (IL)

Intralinks Holdings Inc (IL) : Hawk Ridge Capital Management Lp scooped up 261,806 additional shares in Intralinks Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 626,579 shares of Intralinks Holdings Inc which is valued at $5,457,503.Intralinks Holdings Inc makes up approximately 3.07% of Hawk Ridge Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Walleye Trading boosted its stake in IL in the latest quarter, The investment management firm added 3,600 additional shares and now holds a total of 3,622 shares of Intralinks Holdings Inc which is valued at $31,548. Coe Capital Management sold out all of its stake in IL during the most recent quarter. The investment firm sold 134,010 shares of IL which is valued $1,167,227.Parametric Portfolio Associates reduced its stake in IL by selling 24,155 shares or 11.55% in the most recent quarter. The Hedge Fund company now holds 185,010 shares of IL which is valued at $1,611,437.Blackrock Advisors boosted its stake in IL in the latest quarter, The investment management firm added 918 additional shares and now holds a total of 74,527 shares of Intralinks Holdings Inc which is valued at $649,130. Denver Investment Advisors sold out all of its stake in IL during the most recent quarter. The investment firm sold 11,221 shares of IL which is valued $98,745.

Intralinks Holdings Inc opened for trading at $9.57 and hit $9.77 on the upside on Thursday, eventually ending the session at $9.68, with a gain of 1.47% or 0.14 points. The heightened volatility saw the trading volume jump to 2,08,737 shares. Company has a market cap of $555 M.

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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