LinkedIn Insiders Are Selling $400 Million In Stock

jeff weiner linkedin

Photo: Flickr/TechCrunch

LinkedIn issued a secondary offering for up to $500 million worth of stock, according to a filing with the Securities and Exchange Commission.The company is selling $100 million in stock and existing shareholders are selling the remainder of the $500 million.

LinkedIn isn’t going to comment on the new offering on the earnings call today.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at