Market Runner: Linkedin Corp (NYSE:LNKD) Q2 2016 Sentiment Report

November 28, 2016 - By Clifton Ray   ·   0 Comments

Market Runner: Linkedin Corp (NYSE:LNKD)  Q2 2016 Sentiment Report

Sentiment for Linkedin Corp (NYSE:LNKD)

Linkedin Corp (NYSE:LNKD) institutional sentiment decreased to 0.89 in Q2 2016. Its down -0.38, from 1.27 in 2016Q1. The ratio turned negative, as 265 active investment managers opened new and increased equity positions, while 208 sold and trimmed stock positions in Linkedin Corp. The active investment managers in our partner’s database now hold: 84.69 million shares, down from 95.56 million shares in 2016Q1. Also, the number of active investment managers holding Linkedin Corp in their top 10 equity positions increased from 4 to 49 for an increase of 45. Sold All: 93 Reduced: 115 Increased: 130 New Position: 135.

LinkedIn Corporation is a professional network on the Internet with approximately 400 million members in over 200 countries and territories. The company has a market cap of $26.47 billion. The Firm provides the majority of its products at no cost to its members. It currently has negative earnings. It offers approximately three product lines: Talent Solutions, which includes Hiring, and Learning and Development; Marketing Solutions and Premium Subscriptions.

About 154,406 shares traded hands. LinkedIn Corp (NYSE:LNKD) has risen 61.98% since April 25, 2016 and is uptrending. It has outperformed by 55.96% the S&P500.

Analysts await LinkedIn Corp (NYSE:LNKD) to report earnings on February, 2. They expect $0.49 EPS, up 96.00% or $0.24 from last year’s $0.25 per share. LNKD’s profit will be $66.49M for 99.53 P/E if the $0.49 EPS becomes a reality. After $0.39 actual EPS reported by LinkedIn Corp for the previous quarter, Wall Street now forecasts 25.64% EPS growth.

According to Zacks Investment Research, “LinkedIn Corporation is an online professional network which allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Its platform also provides members with applications and tools to search, connect, and communicate with business contacts, learn about career opportunities, join industry groups, research organizations, and share information. LinkedIn also offers services like hiring solutions, marketing solutions and other services. LinkedIn Corporation is headquartered in Mountain View, California.”

State Of New Jersey Common Pension Fund E holds 88.01% of its portfolio in LinkedIn Corp for 22,687 shares. Pacific Alternative Asset Management Company Llc owns 203,006 shares or 19.57% of their US portfolio. Moreover, Burren Capital Advisors Ltd has 16.82% invested in the company for 19,020 shares. The New York-based Srs Investment Management Llc has invested 15.35% in the stock. Twin Securities Inc., a New York-based fund reported 384,354 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 22 insider sales for $11.05 million net activity.

LinkedIn Corp (NYSE:LNKD) Ratings Coverage

Ratings analysis reveals 25% of LinkedIn’s analysts are positive. Out of 36 Wall Street analysts rating LinkedIn, 9 give it “Buy”, 1 “Sell” rating, while 26 recommend “Hold”. The lowest target is $125 while the high is $311. The stock’s average target of $183.70 is -5.83% below today’s ($195.08) share price. LNKD was included in 76 notes of analysts from July 28, 2015. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, June 9. The firm earned “Neutral” rating on Friday, April 29 by Mizuho. Cantor Fitzgerald downgraded the stock to “Hold” rating in Tuesday, June 14 report. The firm earned “Outperform” rating on Wednesday, April 6 by Credit Suisse. The stock has “Buy” rating given by Vetr on Wednesday, August 12. On Thursday, January 21 the stock rating was maintained by Suntrust Robinson with “Buy”. The rating was maintained by Axiom Capital on Friday, February 5 with “Buy”. The stock of LinkedIn Corp (NYSE:LNKD) earned “Buy” rating by M Partners on Tuesday, July 28. As per Friday, February 5, the company rating was maintained by UBS. As per Monday, June 13, the company rating was downgraded by Avondale.

LNKD Company Profile

LinkedIn Corporation (LinkedIn), incorporated on March 6, 2003, is a professional network on the Internet with approximately 420 million members in over 200 countries and territories. The Firm 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. The Company’s products are sold through approximately 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 clients and individual members purchasing subscriptions. The Company’s solutions include Free Solutions and Monetized Solutions.

More notable recent LinkedIn Corp (NYSE:LNKD) news were published by: Investorplace.com which released: “LinkedIn Corp (LNKD): Russia Officially Bans LinkedIn” on November 17, 2016, also Ibtimes.com with their article: “LinkedIn Corp. (LNKD) Gives Microsoft A News Feed And A Means To Compete With …” published on June 13, 2016, Fool.com published: “Better Buy: LinkedIn Corp. vs. Facebook Inc.” on September 22, 2016. More interesting news about LinkedIn Corp (NYSE:LNKD) were released by: Wsj.com and their article: “Microsoft Offers Concessions to Win EU Approval of LinkedIn Deal” published on November 22, 2016 as well as Reuters.com‘s news article titled: “Exclusive: Microsoft set to win EU approval for LinkedIn buy – sources” with publication date: November 23, 2016.

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By Clifton Ray


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