Interlink Electronics (NASDAQ:LINK) Research Coverage Started at Lake Street Capital

Lake Street Capital began coverage on shares of Interlink Electronics (NASDAQ:LINK) in a report published on Tuesday morning, MarketBeat reports. The firm issued a buy rating and a $10.00 target price on the technology company’s stock.

Interlink Electronics Trading Up 1.0%

Shares of LINK stock opened at $7.84 on Tuesday. The stock has a market capitalization of $50.82 million, a P/E ratio of 87.11 and a beta of 0.93. Interlink Electronics has a 12-month low of $3.25 and a 12-month high of $10.90. The firm’s 50 day moving average is $6.15 and its 200 day moving average is $6.54.

Hedge Funds Weigh In On Interlink Electronics

Institutional investors and hedge funds have recently made changes to their positions in the business. Sequoia Financial Advisors LLC purchased a new stake in Interlink Electronics in the fourth quarter worth about $177,000. Geode Capital Management LLC lifted its holdings in shares of Interlink Electronics by 35.2% in the fourth quarter. Geode Capital Management LLC now owns 41,621 shares of the technology company’s stock worth $259,000 after buying an additional 10,827 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in shares of Interlink Electronics by 10.3% during the 4th quarter. IHT Wealth Management LLC now owns 26,978 shares of the technology company’s stock valued at $168,000 after purchasing an additional 2,516 shares during the last quarter. Hedge funds and other institutional investors own 0.44% of the company’s stock.

Interlink Electronics Company Profile

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.