Brighton Jones LLC lessened its position in Internap Corp (NASDAQ:INAP) by 75.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,535 shares of the information technology services provider’s stock after selling 31,610 shares during the period. Brighton Jones LLC owned about 0.05% of Internap worth $166,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GSA Capital Partners LLP lifted its position in Internap by 2,313.4% during the third quarter. GSA Capital Partners LLP now owns 370,432 shares of the information technology services provider’s stock valued at $1,611,000 after purchasing an additional 355,083 shares during the period. Cornerstone Capital Management Holdings LLC. lifted its position in Internap by 113.7% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 92,300 shares of the information technology services provider’s stock valued at $401,000 after purchasing an additional 49,100 shares during the period. Engineers Gate Manager LP lifted its position in Internap by 54.0% during the third quarter. Engineers Gate Manager LP now owns 76,235 shares of the information technology services provider’s stock valued at $332,000 after purchasing an additional 26,739 shares during the period. OxFORD Asset Management LLP lifted its position in Internap by 71.4% during the third quarter. OxFORD Asset Management LLP now owns 307,275 shares of the information technology services provider’s stock valued at $1,349,000 after purchasing an additional 128,031 shares during the period. Finally, Wells Fargo & Company MN lifted its position in Internap by 53.3% during the third quarter. Wells Fargo & Company MN now owns 91,411 shares of the information technology services provider’s stock valued at $397,000 after purchasing an additional 31,789 shares during the period.

A number of research analysts recently weighed in on the stock. BidaskClub upgraded shares of Internap from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Benchmark restated a “buy” rating and set a $28.00 price objective on shares of Internap in a research report on Tuesday, January 30th. ValuEngine upgraded shares of Internap from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st. Finally, Zacks Investment Research upgraded shares of Internap from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Three research analysts have rated the stock with a sell rating, two have issued a buy rating and two have issued a strong buy rating to the stock. Internap currently has an average rating of “Hold” and an average price target of $24.25.

Shares of Internap Corp (NASDAQ INAP) opened at $12.66 on Wednesday. Internap Corp has a twelve month low of $6.92 and a twelve month high of $22.36. The company has a market cap of $272.25, a P/E ratio of -4.16 and a beta of 1.85. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 107.36.

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Internap Company Profile

Internap Corporation is a technology provider of Internet infrastructure. The Company provides Internet infrastructure through both Colocation Business and Enterprise Services and Cloud Services. The Company operates through two segments: Data Center and Network Services, and Cloud and Hosting Services.

Institutional Ownership by Quarter for Internap (NASDAQ:INAP)

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