Linkedin Corp (LNKD) Files Form 4 Insider Selling : Michael Gamson Sells 6,839 Shares

Linkedin Corp (LNKD): Michael Gamson , SVP, Global Solutions of Linkedin Corp sold 6,839 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $128.83 per share for a total value of $880,075.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 18, 2016, Patricia L Wadors (SVP Global Talent Organization) sold 3,247 shares at $111.42 per share price.On Feb 18, 2016, Michael John Callahan (VP, GC and Secretary) sold 933 shares at $106.00 per share price.Also, On Feb 18, 2016, Michael Gamson (SVP, Global Solutions) sold 979 shares at $106.00 per share price.On Feb 18, 2016, Steven J Sordello (SVP, Chief Financial Officer) sold 1,405 shares at $106.00 per share price.

Shares of LinkedIn Corp (LNKD) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -3.15 points or -2.45% at $125.24 with 22,32,654 shares getting traded. Post opening the session at $127.7, the shares hit an intraday low of $124.42 and an intraday high of $128.29 and the price vacillated in this range throughout the day. The company has a market cap of $16,725 M and the number of outstanding shares has been calculated to be 13,35,44,222 shares. The 52-week high of LinkedIn Corp is $258.389 and the 52-week low is $98.25.

LinkedIn Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.LinkedIn Corp is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 145 from a previous price target of $127 .The Rating was issued on Apr 29, 2016.LinkedIn Corp is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 175 from a previous price target of $170 .The Rating was issued on Apr 29, 2016.LinkedIn Corp is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 160 from a previous price target of $156 .The Rating was issued on Apr 29, 2016.LinkedIn Corp is Reiterated by Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 140 from a previous price target of $130 .The Rating was issued on Apr 29, 2016.LinkedIn Corp is Reiterated by Wedbush to Neutral while Lowering the Price Target of the company shares to $ 130 from a previous price target of $200 . The Rating was issued on Apr 25, 2016.

LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Company’s three product lines include Talent Solutions Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels an offline field sales organization which engages with both large and small enterprise customers as well as an online self-serve channel which includes enterprise customers and individual members purchasing subscriptions. The Company’s solutions include Free Solutions and Monetized Solutions. Its Free Solutions includes the service to manage professional identity service to build and engage with professional networks access to knowledge insights and opportunities and ubiquitous access. The Company also provides other solutions which provide members enterprises and professional organizations with functionality and additional benefits.

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