Jd Capital Management Llc increased its stake in Linkedin Corp (Put) (LNKD) by 969.29% based on its latest 2016Q3 regulatory filing with the SEC. Jd Capital Management Llc bought 542,800 shares as the company’s stock rose 0.85% with the market. The hedge fund held 598,800 shares of the programming company at the end of 2016Q3, valued at $114.44M, up from 56,000 at the end of the previous reported quarter. Jd Capital Management Llc who had been investing in Linkedin Corp (Put) for a number of months, seems to be bullish on the $26.65 billion market cap company. The stock closed at $195.96 during the last session. It is down 46.57% since June 7, 2016 and is uptrending. It has outperformed by 39.14% the S&P500.
Jd Capital Management Llc is a Connecticut-based hedge fund with more than $832.90 million AUM in March, 2014. Taken from Jd Capital Management latest Adv, the fund reported to have 19 full and part-time employees. Among which 8 performing investment advisory and research functions. The hedge fund had between 1-10 clients.
Insitutional Activity: The institutional sentiment decreased to 0.89 in Q3 2016. Its down 0.38, from 1.27 in 2016Q2. The ratio dropped, as 74 funds sold all LNKD shares owned while 139 reduced positions. 46 funds bought stakes while 143 increased positions. They now own 83.40 million shares or 1.52% less from 84.69 million shares in 2016Q2. Sustainable Growth Advisers L P, a Connecticut-based fund reported 4,786 shares. Citigroup reported 261,585 shares or 0.05% of all its holdings. Renaissance Technology owns 201,500 shares or 0.07% of their US portfolio. Raymond James Advisors owns 1,116 shares or 0% of their US portfolio. Windward Capital Mngmt Ca accumulated 0.12% or 3,449 shares. Integral Derivatives Ltd Llc holds 0.13% of its portfolio in LinkedIn Corp (NYSE:LNKD) for 32,106 shares. Oakbrook Ltd Liability accumulated 0.01% or 1,200 shares. Ontario Teachers Pension Plan Board, a Ontario – Canada-based fund reported 40,000 shares. Mutual Of America Capital Mgmt Limited Liability last reported 0% of its portfolio in the stock. Caisse De Depot Et Placement Du Quebec has 410,000 shares for 0.19% of their US portfolio. Moreover, Highbridge Cap Mgmt Llc has 0.87% invested in LinkedIn Corp (NYSE:LNKD) for 286,884 shares. Tarbox Gp accumulated 6 shares or 0% of the stock. Cwm Ltd Liability owns 31 shares or 0% of their US portfolio. Moreover, Schroder Inv Management Grp has 0.01% invested in LinkedIn Corp (NYSE:LNKD) for 17,253 shares. Bp Public Limited has 28,000 shares for 0.21% of their US portfolio.
Insider Transactions: Since July 12, 2016, the stock had 0 insider purchases, and 19 sales for $9.67 million net activity. The insider WEINER JEFF sold $1.33M. The insider CALLAHAN MICHAEL JOHN sold $433,464. Shares for $204,459 were sold by WADORS PATRICIA L on Friday, August 12. $81,132 worth of LinkedIn Corp (NYSE:LNKD) was sold by Taylor Susan J.S.. Sordello Steven J had sold 3,217 shares worth $621,999 on Wednesday, November 16. Another trade for 4,249 shares valued at $821,426 was made by Gamson Michael on Wednesday, November 16.
More notable recent LinkedIn Corp (NYSE:LNKD) news were published by: Fool.com which released: “LinkedIn Corp Earnings Today: Are Expectations Too High?” on April 28, 2016, also Fool.com with their article: “Wow: the Story Behind LinkedIn Corp. Stock’s Huge 48% Move” published on June 13, 2016, Fool.com published: “Why LinkedIn Corp. Stock Tanked Today” on February 05, 2016. More interesting news about LinkedIn Corp (NYSE:LNKD) were released by: Fool.com and their article: “Better Buy: LinkedIn Corp. vs. Facebook Inc.” published on September 22, 2016 as well as Fool.com‘s news article titled: “Is LinkedIn Corp a Buy?” with publication date: May 05, 2016.
LinkedIn Corp (NYSE:LNKD) Ratings Coverage
Out of 36 analysts covering LinkedIn (NYSE:LNKD), 9 rate it a “Buy”, 1 “Sell”, while 26 “Hold”. This means 25% are positive. $311 is the highest target while $125 is the lowest. The $183.70 average target is -6.26% below today’s ($195.96) stock price. LinkedIn has been the topic of 76 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, July 18 by Citigroup. The stock of LinkedIn Corp (NYSE:LNKD) earned “Neutral” rating by Wedbush on Thursday, October 1. Sterne Agee CRT upgraded the stock to “Buy” rating in Friday, October 30 report. BGC FInancial upgraded LinkedIn Corp (NYSE:LNKD) on Wednesday, October 28 to “Buy” rating. The firm earned “Buy” rating on Friday, February 5 by Topeka Capital Markets. On Friday, October 30 the stock rating was maintained by SunTrust with “Buy”. The stock of LinkedIn Corp (NYSE:LNKD) has “Market Perform” rating given on Friday, February 5 by Raymond James. The rating was maintained by Canaccord Genuity with “Buy” on Friday, October 30. Mizuho downgraded LinkedIn Corp (NYSE:LNKD) on Friday, February 5 to “Neutral” rating. The stock of LinkedIn Corp (NYSE:LNKD) has “Neutral” rating given on Friday, April 29 by Wedbush.
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