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LinkedIn Corp (NYSE:LNKD) CAO Susan J.S. Taylor unloaded 1,672 shares of LinkedIn Corp stock on the open market in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $216.22, for a total transaction of $361,519.84. Following the completion of the sale, the chief accounting officer now directly owns 10,158 shares in the company, valued at approximately $2,196,363. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on LNKD shares. Analysts at Stifel Nicolaus initiated coverage on shares of LinkedIn Corp in a research note on Wednesday, August 13th. They set a “buy” rating and a $250.00 price target on the stock. Separately, analysts at Piper Jaffray raised their price target on shares of LinkedIn Corp from $270.00 to $282.00 in a research note on Friday, August 1st. Finally, analysts at Wedbush raised their price target on shares of LinkedIn Corp from $170.00 to $200.00 in a research note on Friday, August 1st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $234.50.

Shares of LinkedIn Corp (NYSE:LNKD) traded up 0.56% on Wednesday, hitting $217.92. The stock had a trading volume of 1,102,073 shares. LinkedIn Corp has a 52 week low of $136.02 and a 52 week high of $257.56. The stock’s 50-day moving average is $183.8 and its 200-day moving average is $178.4. The company’s market cap is $26.784 billion.

LinkedIn Corp (NYSE:LNKD) last announced its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.12. The company had revenue of $534.00 million for the quarter, compared to the consensus estimate of $511.03 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 46.8% on a year-over-year basis. Analysts expect that LinkedIn Corp will post $1.87 EPS for the current fiscal year.

LinkedIn Corporation (NYSE:LNKD), is a professional network on the Internet with approximately 277 million members in over 200 countries and territories.

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