On a relative basis, the stock has outperformed the S&P 500 by 42.98% 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 0.5% in the last 1 week, and is up 45.29% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -10.73% 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 $164.82 and the 200 Day Moving Average price is recorded at $148.76.
The stock has recorded a 20-day Moving Average of 3.07% and the 50-Day Moving Average is 26.14%.
LinkedIn Corporation (NYSE:LNKD): stock turned positive on Friday. Though the stock opened at $190.18, the bulls momentum made the stock top out at $190.54 level for the day. The stock recorded a low of $190.14 and closed the trading day at $190.44, in the green by 0.13%. The total traded volume for the day was 1,253,754. The stock had closed at $190.2 in the previous days trading.
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.