Aperio Group LLC boosted its position in LinkedIn Corp. (NYSE:LNKD) by 2.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,330 shares of the social networking company’s stock after buying an additional 652 shares during the period. Aperio Group LLC’s holdings in LinkedIn Corp. were worth $5,032,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of LNKD. NEXT Financial Group Inc increased its position in shares of LinkedIn Corp. by 26.2% in the third quarter. NEXT Financial Group Inc now owns 534 shares of the social networking company’s stock valued at $102,000 after buying an additional 111 shares during the last quarter. Nordea Investment Management AB increased its position in LinkedIn Corp. by 0.7% in the third quarter. Nordea Investment Management AB now owns 9,161 shares of the social networking company’s stock worth $1,751,000 after buying an additional 67 shares in the last quarter. TT International increased its position in LinkedIn Corp. by 259.1% in the third quarter. TT International now owns 30,526 shares of the social networking company’s stock worth $5,834,000 after buying an additional 22,026 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. increased its position in LinkedIn Corp. by 1.4% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 190,161 shares of the social networking company’s stock worth $36,344,000 after buying an additional 2,578 shares in the last quarter. Finally, State of Wisconsin Investment Board increased its position in LinkedIn Corp. by 5.3% in the third quarter. State of Wisconsin Investment Board now owns 89,380 shares of the social networking company’s stock worth $17,082,000 after buying an additional 4,500 shares in the last quarter. Institutional investors and hedge funds own 63.98% of the company’s stock.

Institutional Ownership by Quarter for LinkedIn Corp. (NYSE:LNKD)

Shares of LinkedIn Corp. (NYSE:LNKD) traded down 0.05% during trading on Tuesday, reaching $195.03. 569,278 shares of the company were exchanged. The company has a 50 day moving average price of $190.96 and a 200-day moving average price of $182.63. LinkedIn Corp. has a one year low of $98.25 and a one year high of $252.03. The stock’s market capitalization is $26.43 billion.

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

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LNKD has been the subject of several recent research reports. Vetr lowered shares of LinkedIn Corp. from a “buy” rating to a “hold” rating and set a $189.74 price objective for the company. in a research report on Monday, August 15th. Cantor Fitzgerald reissued a “hold” rating and issued a $220.00 price objective on shares of LinkedIn Corp. in a research report on Monday, October 31st. Zacks Investment Research lowered shares of LinkedIn Corp. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 5th. reissued a “buy” rating on shares of LinkedIn Corp. in a research report on Friday, September 23rd. Finally, RBC Capital Markets reissued a “hold” rating and issued a $196.00 price objective on shares of LinkedIn Corp. in a research report on Friday, October 28th. Four investment analysts have rated the stock with a sell rating, thirty-three have assigned a hold rating and five have assigned a buy rating to the company. LinkedIn Corp. currently has an average rating of “Hold” and a consensus price target of $187.30.

In other news, SVP Michael Gamson sold 4,249 shares of the stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $193.32, for a total value of $821,416.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Susan J.S. Taylor sold 428 shares of the stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $193.35, for a total value of $82,753.80. The disclosure for this sale can be found here. Company insiders own 12.72% of the company’s stock.

About LinkedIn Corp.

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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