Linkedin Corp (NYSE:LNKD) Institutional Investor Sentiment Analysis
Sentiment for Linkedin Corp (NYSE:LNKD)
Linkedin Corp (NYSE:LNKD) institutional sentiment increased to 1.26 in 2015 Q3. Its up 0.25, from 1.01 in 2015Q2. The ratio is more positive, as 213 hedge funds increased or opened new stock positions, while 211 sold and trimmed stock positions in Linkedin Corp. The hedge funds in our partner’s database now have: 95.21 million shares, down from 99.46 million shares in 2015Q2. Also, the number of hedge funds holding Linkedin Corp in their top 10 stock positions increased from 11 to 14 for an increase of 3. Sold All: 57 Reduced: 154 Increased: 163 New Position: 50.
LinkedIn Corporation is a professional network on the Internet. The company has a market cap of $14.22 billion. The Company’s three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. It currently has negative earnings. 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 clients and individual members purchasing subscriptions.
About 1.34 million shares traded hands. LinkedIn Corp (NYSE:LNKD) has declined 41.16% since August 19, 2015 and is downtrending. It has underperformed by 39.06% the S&P500.
Analysts await LinkedIn Corp (NYSE:LNKD) to reports earnings on May, 5. They expect $-0.27 earnings per share, down 50.00% or $0.09 from last year’s $-0.18 per share. After $0.25 actual earnings per share reported by LinkedIn Corp for the previous quarter, Wall Street now forecasts -208.00% negative 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.”
Maveron General Partner Iv Llc holds 100% of its portfolio in LinkedIn Corp for 572 shares. Scge Management L.P. owns 240,000 shares or 7.39% of their US portfolio. Moreover, Glynn Capital Management Llc has 6.99% invested in the company for 111,295 shares. The California-based Criterion Capital Management Llc has invested 5.73% in the stock. Ibis Capital Partners Llp, a United Kingdom-based fund reported 71,207 shares.#img1#
Since March 3, 2015, the stock had 0 buys, and 3 selling transactions for $1.27 million net activity. Gamson Michael sold 4,722 shares worth $929,429. Callahan Michael John sold 698 shares worth $136,445. Scott James Kevin sold 5,059 shares worth $947,055. Taylor Susan J.S. sold 612 shares worth $114,211. The insider Battle A George sold 174 shares worth $32,627.
Ratings analysis reveals 59% of LinkedIn’s analysts are positive. Out of 41 Wall Street analysts rating LinkedIn, 26 give it “Buy”, 1 “Sell” rating, while 17 recommend “Hold”. The lowest target is $120 while the high is $295. The stock’s average target of $175.98 is 75.50% above today’s ($109.01) share price. LNKD was included in 55 notes of analysts from July 28, 2015. Morgan Stanley downgraded the shares of LinkedIn in a note on March 16 to “Equal-Weight” rating. RBC Capital Markets downgraded LNKD’s stock on a February 5. RBC Capital Markets has “Sector Perform” rating and $156 PR. Goldman Sachs downgraded LinkedIn’s stock on February 22 to “Buy” rating. UBS maintained it ^with/to4^ “Buy” rating and $170 PT in February 5 note. Finally, Atlantic Securities downgraded the shares of LinkedIn to “Neutral” rating in a February 5 note.
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