Eagle Boston Investment Management Inc. grew its stake in shares of InnerWorkings, Inc. (NASDAQ:INWK) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,148,746 shares of the business services provider’s stock after buying an additional 50,225 shares during the quarter. InnerWorkings comprises 1.2% of Eagle Boston Investment Management Inc.’s holdings, making the stock its 29th biggest position. Eagle Boston Investment Management Inc. owned about 2.12% of InnerWorkings worth $11,521,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in INWK. Legal & General Group Plc raised its holdings in shares of InnerWorkings by 10.4% in the 2nd quarter. Legal & General Group Plc now owns 10,713 shares of the business services provider’s stock worth $124,000 after purchasing an additional 1,007 shares in the last quarter. BlueCrest Capital Management Ltd bought a new stake in shares of InnerWorkings in the 2nd quarter worth approximately $127,000. Teacher Retirement System of Texas bought a new stake in shares of InnerWorkings in the 4th quarter worth approximately $167,000. Victory Capital Management Inc. bought a new stake in shares of InnerWorkings in the 3rd quarter worth approximately $198,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of InnerWorkings by 464.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,974 shares of the business services provider’s stock worth $205,000 after purchasing an additional 14,791 shares in the last quarter. Institutional investors and hedge funds own 75.30% of the company’s stock.
Shares of InnerWorkings, Inc. (NASDAQ:INWK) opened at $8.87 on Thursday. The company has a quick ratio of 1.63, a current ratio of 1.86 and a debt-to-equity ratio of 0.51. InnerWorkings, Inc. has a fifty-two week low of $8.19 and a fifty-two week high of $12.03. The company has a market cap of $476.82, a P/E ratio of 21.63, a P/E/G ratio of 1.14 and a beta of 1.65.
COPYRIGHT VIOLATION NOTICE: “InnerWorkings, Inc. (INWK) Holdings Increased by Eagle Boston Investment Management Inc.” was originally posted by Week Herald and is owned by of Week Herald. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark and copyright law. The legal version of this piece of content can be accessed at https://weekherald.com/2018/02/15/innerworkings-inc-inwk-holdings-increased-by-eagle-boston-investment-management-inc.html.
InnerWorkings Company Profile
InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
Want to see what other hedge funds are holding INWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for InnerWorkings, Inc. (NASDAQ:INWK).
Receive News & Ratings for InnerWorkings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InnerWorkings and related companies with MarketBeat.com's FREE daily email newsletter.