InterXion Holding NV (INXN) is Crosslink Capital Inc.’s 10th Largest Position

Crosslink Capital Inc. trimmed its position in InterXion Holding NV (NYSE:INXN) by 9.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 489,144 shares of the technology company’s stock after selling 50,740 shares during the quarter. InterXion Holding NV makes up 3.5% of Crosslink Capital Inc.’s portfolio, making the stock its 10th biggest position. Crosslink Capital Inc. owned 0.69% of InterXion Holding NV worth $22,393,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Principal Financial Group Inc. increased its position in InterXion Holding NV by 0.4% in the second quarter. Principal Financial Group Inc. now owns 3,617,017 shares of the technology company’s stock worth $165,587,000 after purchasing an additional 13,699 shares during the period. Victory Capital Management Inc. increased its position in InterXion Holding NV by 1.8% in the second quarter. Victory Capital Management Inc. now owns 1,729,187 shares of the technology company’s stock worth $79,162,000 after purchasing an additional 31,260 shares during the period. Franklin Resources Inc. acquired a new stake in InterXion Holding NV in the second quarter worth about $72,151,000. Resolution Capital Ltd increased its position in InterXion Holding NV by 2.0% in the second quarter. Resolution Capital Ltd now owns 1,422,876 shares of the technology company’s stock worth $65,139,000 after purchasing an additional 28,000 shares during the period. Finally, Wells Fargo & Company MN increased its position in InterXion Holding NV by 19.2% in the second quarter. Wells Fargo & Company MN now owns 1,398,890 shares of the technology company’s stock worth $64,041,000 after purchasing an additional 225,215 shares during the period. Hedge funds and other institutional investors own 88.54% of the company’s stock.

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InterXion Holding NV (NYSE:INXN) traded up 0.50% during trading on Thursday, hitting $52.38. The stock had a trading volume of 46,804 shares. The company has a 50-day moving average of $50.73 and a 200 day moving average of $46.04. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 74.30 and a beta of 0.57. InterXion Holding NV has a 52 week low of $32.21 and a 52 week high of $52.47.

InterXion Holding NV (NYSE:INXN) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). The company had revenue of $120.80 million during the quarter, compared to analyst estimates of $117.13 million. InterXion Holding NV had a net margin of 8.56% and a return on equity of 7.29%. The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 EPS. On average, equities research analysts anticipate that InterXion Holding NV will post $0.73 EPS for the current year.

A number of brokerages recently commented on INXN. BidaskClub upgraded InterXion Holding NV from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. Stifel Nicolaus reiterated a “buy” rating and issued a $55.00 price objective on shares of InterXion Holding NV in a research report on Thursday, September 14th. Zacks Investment Research upgraded InterXion Holding NV from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research report on Wednesday, October 4th. Oppenheimer Holdings, Inc. lifted their price objective on InterXion Holding NV from $48.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, August 3rd. Finally, Barclays PLC lifted their price objective on InterXion Holding NV from $45.00 to $56.00 and gave the stock an “overweight” rating in a research report on Monday, August 7th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $52.75.

InterXion Holding NV Profile

InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.

Institutional Ownership by Quarter for InterXion Holding NV (NYSE:INXN)

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