Linkedin Corp (LNKD) Files Form 4 Insider Selling : Michael Gamson Sells 2,596 Shares

Linkedin Corp (LNKD): Michael Gamson , SVP, Global Solutions of Linkedin Corp sold 2,596 shares on Jul 18, 2016. The Insider selling transaction was reported by the company on Jul 19, 2016 to the Securities and Exchange Commission. The shares were sold at $189.36 per share for a total value of $491,586.88 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 13, 2016, Patricia L Wadors (SVP Global Talent Organization) sold 1,065 shares at $190.26 per share price.On Jul 6, 2016, Michael John Callahan (VP, GC AND SECRETARY) sold 742 shares at $190.10 per share price.Also, On Jun 17, 2016, Michael Gamson (SVP, Global Solutions) sold 3,226 shares at $191.38 per share price.On May 23, 2016, Susan J.s. Taylor (VP, Corporate Controller & CAO) sold 1,063 shares at $125.50 per share price.

LinkedIn Corp: On Monday, Jul 18, 2016 heightened volatility was witnessed in LinkedIn Corp which led to swings in the share price. The shares opened for trading at $189.5 and hit $189.71 on the upside , eventually ending the session at $189.6, with a gain of 0.02% or 0.03 points. The heightened volatility saw the trading volume jump to 11,24,888 shares. The 52-week high of the share price is $258.389 and the company has a market cap of $25,320 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 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.

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.