Facebook Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of the business’s stock in a transaction that occurred on Tuesday, October 4th. The shares were sold at an average price of $128.27, for a total value of $96,202.50. Following the completion of the sale, the vice president now owns 84,540 shares of the company’s stock, valued at $10,843,945.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Colin Stretch also recently made the following trade(s):

  • On Tuesday, September 27th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $127.63, for a total value of $95,722.50.
  • On Tuesday, September 20th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $128.97, for a total value of $96,727.50.
  • On Tuesday, September 13th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $127.26, for a total value of $95,445.00.
  • On Tuesday, August 30th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $126.60, for a total value of $94,950.00.
  • On Friday, August 26th, Colin Stretch sold 400 shares of Facebook stock. The shares were sold at an average price of $125.00, for a total value of $50,000.00.
  • On Tuesday, August 23rd, Colin Stretch sold 10,350 shares of Facebook stock. The shares were sold at an average price of $125.00, for a total value of $1,293,750.00.
  • On Monday, August 15th, Colin Stretch sold 14,114 shares of Facebook stock. The shares were sold at an average price of $124.07, for a total value of $1,751,123.98.

Facebook Inc. (NASDAQ:FB) opened at 128.47 on Thursday. The firm has a market cap of $368.92 billion, a PE ratio of 61.41 and a beta of 0.77. Facebook Inc. has a one year low of $89.37 and a one year high of $131.98. The company has a 50-day moving average price of $127.30 and a 200-day moving average price of $119.52.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, July 27th. The social networking company reported $0.97 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.15. Facebook had a return on equity of 14.38% and a net margin of 27.07%. The firm had revenue of $6.44 billion for the quarter, compared to analysts’ expectations of $6 billion. During the same quarter in the previous year, the company earned $0.50 earnings per share. The firm’s quarterly revenue was up 59.2% compared to the same quarter last year. Equities analysts predict that Facebook Inc. will post $3.94 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

A number of analysts have recently commented on the company. Vetr upgraded Facebook from a “hold” rating to a “buy” rating and set a $127.69 price objective for the company in a research report on Wednesday, August 3rd. Tigress Financial raised Facebook from a “buy” rating to a “strong-buy” rating and set a $114.33 price target on the stock in a research note on Thursday, June 30th. Jefferies Group reaffirmed a “buy” rating on shares of Facebook in a research note on Monday, July 18th. Evercore ISI reaffirmed a “buy” rating and issued a $155.00 price target on shares of Facebook in a research note on Tuesday, July 26th. Finally, Citigroup Inc. lifted their price target on Facebook from $148.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, September 19th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, forty-four have issued a buy rating and two have given a strong buy rating to the stock. Facebook presently has an average rating of “Buy” and a consensus price target of $149.99.

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Facebook by 2.5% in the second quarter. Vanguard Group Inc. now owns 139,483,685 shares of the social networking company’s stock valued at $15,940,195,000 after buying an additional 3,400,653 shares in the last quarter. State Street Corp boosted its position in Facebook by 2.3% in the first quarter. State Street Corp now owns 85,825,821 shares of the social networking company’s stock valued at $9,792,722,000 after buying an additional 1,950,433 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in Facebook by 1.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 59,448,041 shares of the social networking company’s stock valued at $6,793,722,000 after buying an additional 995,651 shares in the last quarter. Capital World Investors boosted its position in Facebook by 41.3% in the second quarter. Capital World Investors now owns 33,131,292 shares of the social networking company’s stock valued at $3,786,244,000 after buying an additional 9,686,624 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Facebook by 3.7% in the first quarter. Geode Capital Management LLC now owns 19,410,677 shares of the social networking company’s stock valued at $2,210,464,000 after buying an additional 690,650 shares in the last quarter. 56.61% of the stock is currently owned by hedge funds and other institutional investors.

About Facebook

Facebook, Inc builds products that enable people to connect and share through mobile devices and personal computers. The Company enables people to share their opinions, ideas, photos and videos, and other activities. Its products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook is a mobile application and Website that enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

5 Day Chart for NASDAQ:FB

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