Linkedin Corp (LNKD) Files Form 4 Insider Selling : Susan J.s. Taylor Sells 1,063 Shares

Linkedin Corp (LNKD): Susan J.s. Taylor , VP, Corporate Controller & CAO of Linkedin Corp sold 1,063 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $125.50 per share for a total value of $133,406.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, Michael John Callahan (VP, GC and Secretary) sold 1,855 shares at $128.15 per share price.On May 19, 2016, Leslie J Kilgore (director) sold 174 shares at $128.15 per share price.Also, On May 19, 2016, A George Battle (director) sold 174 shares at $128.15 per share price.On May 19, 2016, Jeff Weiner (Chief Executive Officer) sold 6,843 shares at $128.15 per share price.

LinkedIn Corp: On Friday, May 20, 2016 heightened volatility was witnessed in LinkedIn Corp which led to swings in the share price. The shares opened for trading at $125.75 and hit $126.97 on the upside , eventually ending the session at $125.56, with a gain of 0.26% or 0.32 points. The heightened volatility saw the trading volume jump to 17,59,266 shares. The 52-week high of the share price is $258.389 and the company has a market cap of $16,768 M . The 52-week low of the share price is at $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.

Leave a Reply

LinkedIn Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on LinkedIn Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.