It’s been a crucial week for Internap Corp (NASDAQ:INAP); here’s what analysts have to say.

June 20, 2017 - By Peter Erickson

 It's been a crucial week for Internap Corp (NASDAQ:INAP); here's what analysts have to say.
Investors sentiment is 0.75 in Q4 2016. Its the same as in 2016Q3. It is without change, as 17 investors sold Internap Corp shares while 23 reduced holdings. only 14 funds opened positions while 16 raised stakes. 36.72 million shares or 1.28% less from 37.19 million shares in 2016Q3 were reported.
5.01M are held by Gabelli Funds Llc. Moreover, Bridgeway has 0.01% invested in Internap Corp (NASDAQ:INAP) for 292,500 shares. Commonwealth Equity invested 0% in Internap Corp (NASDAQ:INAP). Prelude Capital Mngmt Ltd Company reported 0.01% stake. Art Ltd Llc invested in 0% or 44,800 shares. S Muoio Company Limited Company reported 310,089 shares stake. Employees Retirement Association Of Colorado accumulated 25,648 shares. Asset Mngmt One Ltd accumulated 117,246 shares. Blackrock Advisors Ltd Liability Company holds 0% or 9,211 shares in its portfolio. Blackrock Institutional Tru Na invested in 0% or 1.56 million shares. Tower Rech Limited Liability (Trc) owns 11,047 shares. Cornerstone Cap Limited Company holds 0% or 90,700 shares in its portfolio. Gamco Inc Et Al holds 6.96M shares. Renaissance Technology Limited Liability Corporation holds 0% in Internap Corp (NASDAQ:INAP) or 1.56M shares. Fuller Thaler Asset holds 0.03% in Internap Corp (NASDAQ:INAP) or 1.10 million shares.

Since January 12, 2017, it had 1 buying transaction, and 1 insider sale for $44,554 activity. $5,760 worth of stock was sold by GAMCO INVESTORS – INC. ET AL on Thursday, January 12.

Internap Corp (NASDAQ:INAP) Ratings Coverage

Among 9 analysts covering Internap Corp (NASDAQ:INAP), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Internap Corp had 14 analyst reports since August 22, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, November 24 by SunTrust. Benchmark maintained the stock with “Buy” rating in Friday, May 6 report. The stock has “Neutral” rating by Suntrust Robinson on Tuesday, November 24. TheStreet downgraded the stock to “Hold” rating in Saturday, August 22 report. The firm earned “Buy” rating on Friday, March 10 by Stifel Nicolaus. The firm earned “Hold” rating on Friday, February 19 by Craig Hallum. On Friday, November 6 the stock rating was maintained by Benchmark with “Buy”. The rating was downgraded by Wells Fargo on Friday, September 25 to “Market Perform”. As per Friday, September 25, the company rating was downgraded by Oppenheimer. The firm has “Neutral” rating by DA Davidson given on Friday, September 25. Below is a list of Internap Corp (NASDAQ:INAP) latest ratings and price target changes.

10/03/2017 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy Old Target: $2.00 New Target: $5.50 Upgrade

It closed at $3.38 lastly. It is down 55.77% since June 20, 2016 and is uptrending. It has outperformed by 39.07% the S&P500.

Internap Corporation is a technology well-known provider of Internet infrastructure. The company has market cap of $281.74 million. The Firm provides Internet infrastructure through both Colocation Business and Enterprise Services and Cloud Services. It currently has negative earnings. The Firm operates through two divisions: Data Center and Network Services, and Cloud and Hosting Services.

More recent Internap Corp (NASDAQ:INAP) news were published by: Zacks.com which released: “Why Internap Corporation (INAP) Could Be Positioned for a Surge” on May 31, 2017. Also Nasdaq.com published the news titled: “Ubs Oconnor Llc Buys Halcon Resources Corp, Internap Corp, The WhiteWave Foods …” on May 30, 2017. Reuters.com‘s news article titled: “BRIEF-Avenir Corp reports 5.25 pct stake in Internap Corp as of Feb 9 – SEC Filing” with publication date: February 10, 2017 was also an interesting one.

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