LinkedIn Corp. (NYSE:LNKD) SVP Michael John Callahan sold 564 shares of the company’s stock in a transaction on Wednesday, October 5th. The stock was sold at an average price of $192.20, for a total transaction of $108,400.80. Following the transaction, the senior vice president now owns 54,544 shares in the company, valued at approximately $10,483,356.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Michael John Callahan also recently made the following trade(s):

  • On Tuesday, September 6th, Michael John Callahan sold 564 shares of LinkedIn Corp. stock. The stock was sold at an average price of $192.65, for a total transaction of $108,654.60.
  • On Tuesday, August 16th, Michael John Callahan sold 2,276 shares of LinkedIn Corp. stock. The stock was sold at an average price of $190.45, for a total transaction of $433,464.20.

LinkedIn Corp. (NYSE:LNKD) opened at 191.18 on Monday. The stock’s market capitalization is $25.76 billion. The firm’s 50 day moving average is $192.29 and its 200 day moving average is $163.43. LinkedIn Corp. has a 1-year low of $98.25 and a 1-year high of $258.39.

LinkedIn Corp. (NYSE:LNKD) last released its quarterly earnings results on Thursday, August 4th. The social networking company reported $1.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.35. The business earned $933 million during the quarter, compared to the consensus estimate of $898.30 million. LinkedIn Corp. had a positive return on equity of 0.47% and a negative net margin of 6.23%. The business’s quarterly revenue was up 31.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 EPS. On average, equities research analysts anticipate that LinkedIn Corp. will post $3.83 earnings per share for the current year.

Insider Buying and Selling by Quarter for LinkedIn Corp. (NYSE:LNKD)

Several research analysts have weighed in on the stock. Cantor Fitzgerald restated a “hold” rating on shares of LinkedIn Corp. in a report on Saturday, July 9th. Axiom Securities downgraded shares of LinkedIn Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, June 14th. Piper Jaffray Cos. downgraded shares of LinkedIn Corp. from an “overweight” rating to a “neutral” rating and upped their price objective for the stock from $180.00 to $196.00 in a report on Monday, June 13th. Avondale Partners downgraded shares of LinkedIn Corp. from a “market perform” rating to an “underperform” rating and upped their price objective for the stock from $140.00 to $196.00 in a report on Monday, June 13th. Finally, Needham & Company LLC downgraded shares of LinkedIn Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, June 14th. Three research analysts have rated the stock with a sell rating, thirty-four have issued a hold rating and nine have assigned a buy rating to the stock. LinkedIn Corp. has a consensus rating of “Hold” and an average price target of $199.29.

Several large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC increased its stake in LinkedIn Corp. by 38.0% in the third quarter. Advisory Services Network LLC now owns 1,628 shares of the social networking company’s stock worth $311,000 after buying an additional 448 shares in the last quarter. Cowen Group Inc. purchased a new stake in LinkedIn Corp. during the second quarter worth about $52,214,000. Schwab Charles Investment Management Inc. increased its stake in LinkedIn Corp. by 6.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 171,385 shares of the social networking company’s stock worth $32,435,000 after buying an additional 10,323 shares in the last quarter. Omni Partners LLP purchased a new stake in LinkedIn Corp. during the second quarter worth about $32,155,000. Finally, Krilogy Financial LLC increased its stake in LinkedIn Corp. by 157.5% in the second quarter. Krilogy Financial LLC now owns 811 shares of the social networking company’s stock worth $153,000 after buying an additional 496 shares in the last quarter. Institutional investors and hedge funds own 65.51% of the company’s stock.

LinkedIn Corp. Company Profile

LinkedIn Corporation (LinkedIn) is a professional network on the Internet with approximately 400 million members in over 200 countries and territories. The Company provides the majority of its products at no cost to its members. It offers approximately three product lines: Talent Solutions, which includes Hiring, and Learning and Development; Marketing Solutions and Premium Subscriptions.

5 Day Chart for NYSE:LNKD

Receive News & Stock Ratings for LinkedIn Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LinkedIn Corp. and related stocks with our FREE daily email newsletter.