LinkedIn Corp. (NYSE:LNKD) SVP Michael Gamson sold 4,249 shares of the business’s stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of $193.32, for a total value of $821,416.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

LinkedIn Corp. (NYSE:LNKD) opened at 193.64 on Monday. The stock’s market capitalization is $26.25 billion. The stock’s 50 day moving average is $190.57 and its 200 day moving average is $176.50. LinkedIn Corp. has a 12-month low of $98.25 and a 12-month high of $254.98.

LinkedIn Corp. (NYSE:LNKD) last posted its quarterly earnings data on Thursday, October 27th. The social networking company reported $1.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.91 by $0.27. LinkedIn Corp. had a negative net margin of 4.56% and a positive return on equity of 1.77%. The company had revenue of $960 million for the quarter, compared to analyst estimates of $955.55 million. During the same period in the prior year, the company posted $0.78 EPS. The firm’s revenue for the quarter was up 23.1% on a year-over-year basis. Equities analysts predict that LinkedIn Corp. will post $4.25 earnings per share for the current fiscal year.

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

A number of hedge funds have recently bought and sold shares of the company. Toronto Dominion Bank raised its stake in LinkedIn Corp. by 0.9% in the second quarter. Toronto Dominion Bank now owns 640 shares of the social networking company’s stock worth $121,000 after buying an additional 6 shares during the period. Gerstein Fisher raised its stake in LinkedIn Corp. by 1.6% in the third quarter. Gerstein Fisher now owns 1,080 shares of the social networking company’s stock worth $206,000 after buying an additional 17 shares during the period. Checchi Capital Advisers LLC raised its stake in LinkedIn Corp. by 5.8% in the second quarter. Checchi Capital Advisers LLC now owns 713 shares of the social networking company’s stock worth $135,000 after buying an additional 39 shares during the period. 1st Global Advisors Inc. raised its stake in LinkedIn Corp. by 1.2% in the second quarter. 1st Global Advisors Inc. now owns 4,317 shares of the social networking company’s stock worth $817,000 after buying an additional 53 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its stake in LinkedIn Corp. by 2.0% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 2,943 shares of the social networking company’s stock worth $501,000 after buying an additional 57 shares during the period. 60.32% of the stock is currently owned by institutional investors.

A number of research analysts recently weighed in on LNKD shares. Credit Agricole SA reaffirmed a “buy” rating on shares of LinkedIn Corp. in a research note on Friday, September 23rd. Zacks Investment Research downgraded LinkedIn Corp. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 5th. Argus reaffirmed a “hold” rating on shares of LinkedIn Corp. in a research note on Tuesday, November 8th. RBC Capital Markets reaffirmed a “hold” rating and set a $196.00 price target on shares of LinkedIn Corp. in a research note on Friday, October 28th. Finally, JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $196.00 price target on shares of LinkedIn Corp. in a research note on Friday, August 5th. Four analysts have rated the stock with a sell rating, thirty-three have issued a hold rating and five have given a buy rating to the stock. LinkedIn Corp. presently has a consensus rating of “Hold” and a consensus target price of $187.30.

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

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