Innerworkings INC (INWK) Shareholder Hcsf Management LLC Has Trimmed Stake by $4.40 Million as Share Price Rose

March 14, 2018 - By Hazel Jackson

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.28, from 1.21 in 2017Q2. It turned negative, 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. Credit Suisse Ag holds 0% or 72,326 shares in its portfolio. Pacific Ridge Capital Prns Ltd Liability Corporation reported 1.48% stake. Parametric Portfolio Limited Liability stated it has 0% of its portfolio in InnerWorkings, Inc. (NASDAQ:INWK). Citadel Limited Liability holds 21,276 shares or 0% of its portfolio. United Ser Automobile Association owns 71,900 shares for 0% of their portfolio. Aperio Grp Inc stated it has 66,332 shares or 0% of all its holdings. Granahan Ma owns 1.07M shares. Eagle Boston Investment Management stated it has 1.3% of its portfolio in InnerWorkings, Inc. (NASDAQ:INWK). Moreover, Stifel Finance has 0.03% invested in InnerWorkings, Inc. (NASDAQ:INWK). Massachusetts-based Geode Cap Mgmt Ltd Llc has invested 0% in InnerWorkings, Inc. (NASDAQ:INWK). Riverbridge Prns Ltd Liability Co has 0.69% invested in InnerWorkings, Inc. (NASDAQ:INWK). Parkside Commercial Bank & Tru reported 0.02% stake. Tower Limited Liability Corp (Trc) holds 0.01% or 8,585 shares in its portfolio. The Tennessee-based Ftb Advsr Incorporated has invested 0% in InnerWorkings, Inc. (NASDAQ:INWK). Ohio-based Horan Capital Advsrs Limited Liability has invested 0.03% in InnerWorkings, Inc. (NASDAQ:INWK).

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 2.14 million 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 $493.59M market cap company. The stock decreased 0.11% or $0.01 during the last trading session, reaching $9.12. About 458,988 shares traded or 78.44% up from the average. InnerWorkings, Inc. (NASDAQ:INWK) has risen 36.17% since March 14, 2017 and is uptrending. It has outperformed by 19.47% the S&P500.

Analysts await InnerWorkings, Inc. (NASDAQ:INWK) to report earnings on May, 14. They expect $0.10 earnings per share, up 25.00 % or $0.02 from last year’s $0.08 per share. INWK’s profit will be $5.41M for 22.80 P/E if the $0.10 EPS becomes a reality. After $0.06 actual earnings per share reported by InnerWorkings, Inc. for the previous quarter, Wall Street now forecasts 66.67 % EPS growth.

More news for InnerWorkings, Inc. (NASDAQ:INWK) were recently published by:, which released: “InnerWorkings’ (INWK) CEO Eric Belcher on Q4 2017 Results – Earnings Call …” on March 14, 2018.‘s article titled: “InnerWorkings (INWK) Reports Prelim. Q4 Results and Offers 2018 Guidance” and published on February 26, 2018 is yet another important article.

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 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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