Shares of LinkedIn Corporation (NYSE:LNKD) Sees Large Outflow of Money

LinkedIn Corporation (NYSE:LNKD) : The total money flow in LinkedIn Corporation (NYSE:LNKD) was negative ($4.68 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $76.35 million. Transactions on upticks were comparatively lower at $71.67 million. The uptick to downtick ratio was 0.94. The total block trades done on upticks were valued at $11.63 million. The total block trades on downticks were valued at $12.02 million. The uptick to the downtick ratio of block trades was 0.97. The money flow during block trades was negative ($0.38 million) when the stock traded with a gain of $9 cent. LinkedIn Corporation (NYSE:LNKD) was $189.59, an increase of 0.05% over the previous days close.


In an insider trading activity, The officer (SVP, Global Solutions), of Linkedin Corp, Gamson Michael had unloaded 3,226 shares at $191.38 per share in a transaction on June 16, 2016. The total value of transaction was $617,392. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. 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 -7.01% . Institutional Investors own 72.38% of LinkedIn Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 37.93%.

The company shares have dropped -8.88% from its 1 Year high price. On Nov 12, 2015, the shares registered one year high at $258.39 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $151.36 and the 200 Day Moving Average price is recorded at $150.22. LinkedIn Corporation (NYSE:LNKD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $189.70 and $189.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $189.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $189.59, notching a gain of 0.05% for the day. The total traded volume was 2,569,928 . The stock had closed at $189.50 on the previous day.

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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