LinkedIn CFO sells 5,000 shares

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Bobby Raines 04/11/2014

Steven Sordello, the CFO of LinkedIn Corp. ( LNKD ) , sold 5,000 shares of the company's common stock on April 9.  At prices between $173.28 and $176.80 per share, Sordello pulled in a total of $869,859 per share.

IK-> The technicals for LNKD ($167.46 down $2.52) are bearish with a downward trend. Recent support has been around $159.65 and recent resistance has been near $176.18. Standard & Poor's does not follow the stock. Look at the June 215/220 bear-call spread for a 25-cent credit. That's an 5.3% return and the stock has to rise 28.4% 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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