Shares of LinkedIn Corporation (LNKD) Sees Large Inflow of Net Money Flow

LinkedIn Corporation (LNKD) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $59.51 million worth of transactions were on upticks, whereas, the downticks accounted for $27.6 million worth of transactions. The net money flow was a positive $31.9 million and the uptick to downtick ratio was 2.16. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 20.13 in their favor. The net money flow into the stock was $36.85 million. The value of block trades done on downticks was only $1.93 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $38.77 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. LinkedIn Corporation (LNKD) was trading at $192.73, down $0.02 during day. The stock slid -0.01% over the previous days close. For the week, the stock recorded 0.12% over the previous weeks close.


The company Insiders own 12.72% of LinkedIn Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8% . Institutional Investors own 65.87% of LinkedIn Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -15.64%.

In a related news, The Securities and Exchange Commission has divulged that Weiner Jeff, director officer (Chief Executive Officer) of Linkedin Corp, had unloaded 6,834 shares at an average price of $190.45 in a transaction dated on August 16, 2016. The total value of the transaction was worth $1,301,535.

LinkedIn Corporation (NYSE:LNKD): The stock opened at $192.74 and touched an intraday high of $192.83 on Friday. During the day, the stock corrected to an intraday low of $192.61, however, the bulls stepped in and pushed the price higher to close in the green at $192.8 with a gain of 0.04% for the day. The total traded volume for the day was 432,022. The stock had closed at $192.73 in the previous trading session.

On a relative basis, the stock has outperformed the S&P 500 by 0.47% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.16% in the last 1 week, and is up 0.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *