Linkedin Corp (LNKD): Michael Gamson , SVP, Global Solutions of Linkedin Corp sold 3,226 shares on Jun 16, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $191.38 per share for a total value of $617,380.56 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 14, 2016, Michael John Callahan (VP, GC and Secretary) sold 742 shares at $194.30 per share price.On Jun 14, 2016, Patricia L Wadors (SVP Global Talent Organization) sold 5,328 shares at $194.30 per share price.Also, On May 23, 2016, Susan J.s. Taylor (VP, Corporate Controller & CAO) sold 1,063 shares at $125.50 per share price.On May 19, 2016, Leslie J Kilgore (director) sold 174 shares at $128.15 per share price.
Shares of LinkedIn Corp (LNKD) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -0.18% at $191.29 with 58,12,349 shares getting traded. Post opening the session at $191.5, the shares hit an intraday low of $191.25 and an intraday high of $191.77 and the price vacillated in this range throughout the day. The company has a market cap of $25,546 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.
Company has been under the radar of several Street Analysts.LinkedIn Corp is Downgraded by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 196 from a previous price target of $160 .Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 15, 2016.LinkedIn Corp is Downgraded by Nomura to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 15, 2016.LinkedIn Corp is Downgraded by First Analysis Sec to Equal-Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Jun 14, 2016.LinkedIn Corp is Downgraded by Axiom Capital to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 14, 2016.LinkedIn Corp is Downgraded by Piper Jaffray to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Jun 14, 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.