LinkedIn CFO sells 5,000 shares

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LinkedIn CFO sells 5,000 shares

Bobby Raines 10/15/2013

Steven Sordello, a vice president and CFO of LinkedIn Corp. ( LNKD ) , sold 5,000 shares of the company's common stock on Oct. 9. At between $214.11 and $224.26 per share, Sordello pulled in $1,096,159 from the sale.

IK-> The technicals for LNKD ($228.50 up $6.99) are bullish with a neutral trend. Recent support has been around $221.06 and recent resistance has been near $248.60. Standard & Poor's does not follow the stock. Look at the Nov. 295/300 bear-call spread for a 30-cent credit. That's a 6.38% return and the stock has to rise 29.1% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: LNKD

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