Castleark Management LLC lessened its stake in InterXion Holding N.V. (NYSE:INXN) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 326,486 shares of the technology company’s stock after selling 4,316 shares during the period. Castleark Management LLC owned about 0.46% of InterXion Holding N.V. worth $14,947,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its position in InterXion Holding N.V. by 0.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,235 shares of the technology company’s stock worth $366,000 after purchasing an additional 77 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in InterXion Holding N.V. by 6.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock worth $156,000 after purchasing an additional 250 shares in the last quarter. Adelante Capital Management LLC boosted its position in InterXion Holding N.V. by 0.5% in the 2nd quarter. Adelante Capital Management LLC now owns 56,120 shares of the technology company’s stock worth $2,569,000 after purchasing an additional 300 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in InterXion Holding N.V. by 19.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 3,363 shares of the technology company’s stock worth $153,000 after purchasing an additional 552 shares in the last quarter. Finally, Sheets Smith Wealth Management boosted its position in InterXion Holding N.V. by 5.2% in the 2nd quarter. Sheets Smith Wealth Management now owns 11,429 shares of the technology company’s stock worth $523,000 after purchasing an additional 570 shares in the last quarter. Institutional investors and hedge funds own 88.54% of the company’s stock.

Several research firms have commented on INXN. Zacks Investment Research upgraded InterXion Holding N.V. from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research report on Wednesday, October 4th. Stifel Nicolaus reiterated a “buy” rating and set a $55.00 target price (up previously from $49.00) on shares of InterXion Holding N.V. in a research report on Thursday, August 3rd. BidaskClub lowered InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. Barclays PLC increased their target price on InterXion Holding N.V. from $45.00 to $56.00 and gave the company an “overweight” rating in a research report on Monday, August 7th. Finally, Cowen and Company upgraded InterXion Holding N.V. from a “market perform” rating to an “outperform” rating and increased their target price for the company from $45.00 to $54.00 in a research report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $52.75.

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Shares of InterXion Holding N.V. (INXN) traded up 0.37% on Wednesday, hitting $51.71. The stock had a trading volume of 64,651 shares. The stock has a market cap of $3.67 billion, a P/E ratio of 87.64 and a beta of 0.57. InterXion Holding N.V. has a 12 month low of $32.21 and a 12 month high of $52.44. The firm has a 50 day moving average of $50.68 and a 200 day moving average of $46.00.

InterXion Holding N.V. (NYSE:INXN) last posted its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). InterXion Holding N.V. had a net margin of 9.25% and a return on equity of 6.85%. The business had revenue of $120.80 million during the quarter, compared to analysts’ expectations of $117.13 million. During the same quarter last year, the firm earned $0.13 earnings per share. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. On average, equities analysts forecast that InterXion Holding N.V. will post $0.73 earnings per share for the current fiscal year.

About InterXion Holding N.V.

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.

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Institutional Ownership by Quarter for InterXion Holding N.V. (NYSE:INXN)

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