Large Inflow of Money Detected in LinkedIn Corporation

LinkedIn Corporation (LNKD) stock had a bullish inflow of $67.93 million worth of trades on uptick and an outflow of $57.27 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.19. The net money flow into the stock was $10.67 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $6.97 million. An inflow of $12.32 million block trade was recorded on downticks. $19.28 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 1.57 in favor of the bulls. However, LinkedIn Corporation (LNKD) stock traded down $0.41 , and reached $189.45, a drop of -0.22% over the previous day. On a weekly basis, the stock is -0.52%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 0.49% and the 50-Day Moving Average is 21.14%. Shares have dropped -11.04% 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 $166.72 and the 200 Day Moving Average price is recorded at $147.29.

LinkedIn Corporation (NYSE:LNKD): The stock opened at $189.90 on Thursday but the bulls could not build on the opening and the stock topped out at $190.00 for the day. The stock traded down to $189.11 during the day, due to lack of any buying support eventually closed down at $189.31 with a loss of -0.29% for the day. The stock had closed at $189.86 on the previous day. The total traded volume was 2,220,507 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Callahan Michael John, officer (VP, GC AND SECRETARY) of Linkedin Corp, had unloaded 742 shares at an average price of $190.1 in a transaction dated on July 5, 2016. The total value of the transaction was worth $141,054.

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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