IntraLinks Holdings, Inc. (NYSE:IL) was downgraded by analysts at B. Riley to a “neutral” rating in a research note issued to investors on Wednesday. They currently have a $13.00 price target on the stock. B. Riley’s price target would indicate a potential downside of 1.89% from the stock’s previous close.

A number of other brokerages have also commented on IL. Stifel Nicolaus increased their price target on IntraLinks Holdings from $13.00 to $13.50 and gave the company a “hold” rating in a research note on Tuesday, December 20th. Craig Hallum lowered IntraLinks Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, December 7th. Ladenburg Thalmann lowered IntraLinks Holdings from a “buy” rating to a “neutral” rating in a research note on Friday, December 9th. JMP Securities lowered IntraLinks Holdings from an “outperform” rating to a “market perform” rating in a research note on Tuesday, December 6th. Finally, Zacks Investment Research lowered IntraLinks Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $11.90.

Analyst Recommendations for IntraLinks Holdings (NYSE:IL)

IntraLinks Holdings (NYSE:IL) traded down 1.89% during trading on Wednesday, hitting $13.00. The stock had a trading volume of 961,549 shares. The stock’s market cap is $742.17 million. The stock has a 50 day moving average price of $12.78 and a 200-day moving average price of $9.86. IntraLinks Holdings has a 12 month low of $6.22 and a 12 month high of $13.72.

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Several large investors have recently bought and sold shares of IL. Principal Financial Group Inc. raised its stake in IntraLinks Holdings by 4.9% in the fourth quarter. Principal Financial Group Inc. now owns 581,500 shares of the company’s stock valued at $5,274,000 after buying an additional 27,000 shares during the last quarter. Allianz Asset Management AG raised its stake in IntraLinks Holdings by 0.3% in the fourth quarter. Allianz Asset Management AG now owns 211,013 shares of the company’s stock valued at $1,914,000 after buying an additional 663 shares during the last quarter. Freshford Capital Management LLC raised its stake in IntraLinks Holdings by 10.5% in the fourth quarter. Freshford Capital Management LLC now owns 2,640,169 shares of the company’s stock valued at $23,946,000 after buying an additional 250,000 shares during the last quarter. Cannell Capital LLC bought a new stake in IntraLinks Holdings during the fourth quarter valued at about $17,297,000. Finally, Cortina Asset Management LLC increased its stake in shares of IntraLinks Holdings by 5.7% in the fourth quarter. Cortina Asset Management LLC now owns 929,839 shares of the company’s stock valued at $8,434,000 after buying an additional 50,295 shares during the last quarter. 91.08% of the stock is owned by institutional investors and hedge funds.

IntraLinks Holdings Company Profile

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.

5 Day Chart for NYSE:IL

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