Large Outflow of Money Witnessed in LinkedIn Corporation

LinkedIn Corporation (NYSE:LNKD) managed to eke out gains of 46.64% in intraday trade. The share price increased by 61.13 points to $192.21. Till last observation, the net money flow was recorded at a negative $(-110.46) million. The total inflow of $211.94 million in upticks was completely overshadowed by an outflow of $322.4 million in downticks, giving the up/down ratio a value of 0.66. The shares have seen a change of 42.3% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $17.32 million and the composite value in downticks was $122.35 million. The resultant up/down ratio for the block exchange was 0.14. The block trade had a negative money flow of $(-105.03) million.


Currently the company Insiders own 12.72% of LinkedIn Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.23% . Institutional Investors own 72.37% of LinkedIn Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 39.09%. On the companys insider trading activities,The officer (VP, Corporate Controller & CAO) of Linkedin Corp, Taylor Susan J.S. sold 1,063 shares at $125.5 on May 20, 2016. The Insider selling transaction had a total value worth of $133,407. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

LinkedIn Corporation (NYSE:LNKD) : On Monday heightened volatility was witnessed in LinkedIn Corporation (NYSE:LNKD) which led to swings in the share price. The stock opened for trading at $194.29 and hit $194.38 on the upside , eventually ending the session at $192.21, with a gain of 46.64% or 61.13 points. The heightened volatility saw the trading volume jump to 26,468,124 shares. The 52-week high of the share price is $258.389 and the company has a market cap of $25,669 million. The 52-week low of the share price is at $98.25 .

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm RBC Capital upgrades its rating on LinkedIn Corporation (NYSE:LNKD). The rating major has initiated the coverage with outperform rating on the shares. Earlier, the shares were rated a Sector Perform by the brokerage firm. The rating by the firm was issued on June 9, 2016.

LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Companys 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 Companys 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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