Hcsf Management LLC Trimmed Its Innerworkings INC (INWK) Holding by $4.40 Million; Share Price Rose

January 10, 2018 - By Vivian Park

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.28, from 1.21 in 2017Q2. It fall, as 17 investors sold INWK shares while 39 reduced holdings. 13 funds opened positions while 39 raised stakes. 42.69 million shares or 2.29% more from 41.73 million shares in 2017Q2 were reported. Mutual Of America Capital Mgmt Ltd Co has 247,485 shares for 0.05% of their portfolio. Tiverton Asset Mgmt Llc invested 0.3% in InnerWorkings, Inc. (NASDAQ:INWK). Geode Management Limited Liability Company holds 353,103 shares. Thompson Davis And Company reported 500 shares stake. Michigan-based Greenleaf Tru has invested 0% in InnerWorkings, Inc. (NASDAQ:INWK). Petrus Communication Lta reported 11,192 shares or 0.03% of all its holdings. Tower Research Cap Ltd (Trc) holds 0.01% or 8,585 shares in its portfolio. Dimensional Fund Advisors Limited Partnership owns 4.56M shares or 0.02% of their US portfolio. Granahan Invest Mngmt Ma invested 1.01% in InnerWorkings, Inc. (NASDAQ:INWK). Swiss Fincl Bank reported 0% in InnerWorkings, Inc. (NASDAQ:INWK). The Texas-based Barrow Hanley Mewhinney & Strauss Limited Co has invested 0% in InnerWorkings, Inc. (NASDAQ:INWK). Prtnrs Lc holds 0.02% of its portfolio in InnerWorkings, Inc. (NASDAQ:INWK) for 47,052 shares. Meeder Asset Mgmt holds 159 shares or 0% of its portfolio. Morgan Stanley owns 0% invested in InnerWorkings, Inc. (NASDAQ:INWK) for 173,741 shares. Indexiq Limited Liability Corp accumulated 0.04% or 87,022 shares.

Hcsf Management Llc decreased its stake in Innerworkings Inc (INWK) by 18.68% based on its latest 2017Q3 regulatory filing with the SEC. Hcsf Management Llc sold 400,129 shares as the company’s stock rose 12.55% with the market. The institutional investor held 1.74M shares of the consumer durables company at the end of 2017Q3, valued at $19.60 million, down from 2.14M at the end of the previous reported quarter. Hcsf Management Llc who had been investing in Innerworkings Inc for a number of months, seems to be less bullish one the $543.39 million market cap company. The stock decreased 0.40% or $0.04 during the last trading session, reaching $10.04. About 220,557 shares traded. InnerWorkings, Inc. (NASDAQ:INWK) has risen 36.17% since January 10, 2017 and is uptrending. It has outperformed by 19.47% the S&P500.

Analysts await InnerWorkings, Inc. (NASDAQ:INWK) to report earnings on February, 22. They expect $0.13 earnings per share, up 8.33 % or $0.01 from last year’s $0.12 per share. INWK’s profit will be $7.04 million for 19.31 P/E if the $0.13 EPS becomes a reality. After $0.15 actual earnings per share reported by InnerWorkings, Inc. for the previous quarter, Wall Street now forecasts -13.33 % negative EPS growth.

Another recent and important InnerWorkings, Inc. (NASDAQ:INWK) news was published by Businesswire.com which published an article titled: “InnerWorkings to Present at The CJS Securities Investor Conference in New York …” on January 05, 2018.

InnerWorkings, Inc. (NASDAQ:INWK) Ratings Coverage

Among 5 analysts covering Innerworkings (NASDAQ:INWK), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Innerworkings has $1500 highest and $10 lowest target. $13’s average target is 29.48% above currents $10.04 stock price. Innerworkings had 6 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Barrington Research on Monday, February 27 with “Outperform”. The firm earned “Buy” rating on Thursday, June 29 by Wunderlich.

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