Facebook Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 370,233 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $128.30, for a total transaction of $47,500,893.90. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Mark Zuckerberg also recently made the following trade(s):

  • On Tuesday, October 4th, Mark Zuckerberg sold 370,506 shares of Facebook stock. The stock was sold at an average price of $128.20, for a total transaction of $47,498,869.20.
  • On Friday, September 23rd, Mark Zuckerberg sold 735,977 shares of Facebook stock. The stock was sold at an average price of $129.08, for a total transaction of $94,999,911.16.
  • On Monday, September 12th, Mark Zuckerberg sold 741,797 shares of Facebook stock. The stock was sold at an average price of $128.07, for a total transaction of $95,001,941.79.
  • On Wednesday, August 31st, Mark Zuckerberg sold 755,239 shares of Facebook stock. The stock was sold at an average price of $125.79, for a total transaction of $95,001,513.81.
  • On Thursday, August 18th, Mark Zuckerberg sold 767,905 shares of Facebook stock. The stock was sold at an average price of $123.71, for a total transaction of $94,997,527.55.

Shares of Facebook Inc. (NASDAQ:FB) opened at 128.74 on Friday. The company’s 50-day moving average is $127.42 and its 200 day moving average is $119.59. The stock has a market capitalization of $369.70 billion, a P/E ratio of 61.54 and a beta of 0.77. Facebook Inc. has a 12 month low of $89.37 and a 12 month high of $131.98.

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

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

Several hedge funds have recently added to or reduced their stakes in FB. Vaughan David Investments Inc. IL increased its stake in Facebook by 0.6% in the second quarter. Vaughan David Investments Inc. IL now owns 2,589 shares of the social networking company’s stock valued at $296,000 after buying an additional 15 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake in Facebook by 1.5% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,230 shares of the social networking company’s stock valued at $140,000 after buying an additional 18 shares during the period. Roberts Glore & Co. Inc. IL increased its stake in Facebook by 1.2% in the second quarter. Roberts Glore & Co. Inc. IL now owns 2,044 shares of the social networking company’s stock valued at $234,000 after buying an additional 25 shares during the period. Tortoise Investment Management LLC increased its stake in Facebook by 2.2% in the second quarter. Tortoise Investment Management LLC now owns 1,402 shares of the social networking company’s stock valued at $160,000 after buying an additional 30 shares during the period. Finally, Brighton Jones LLC increased its stake in Facebook by 0.3% in the second quarter. Brighton Jones LLC now owns 14,266 shares of the social networking company’s stock valued at $1,630,000 after buying an additional 39 shares during the period. Institutional investors and hedge funds own 56.61% of the company’s stock.

FB has been the subject of several research reports. Vetr raised shares of Facebook from a “hold” rating to a “buy” rating and set a $136.45 price objective for the company in a research note on Monday, September 12th. Societe Generale set a $80.00 price objective on shares of Facebook and gave the company a “sell” rating in a research note on Thursday, July 7th. Robert W. Baird raised shares of Facebook to a “buy” rating in a research note on Monday, July 18th. Citigroup Inc. increased their price objective on shares of Facebook from $148.00 to $158.00 and gave the company a “buy” rating in a research note on Monday, September 19th. Finally, Jefferies Group set a $170.00 price objective on shares of Facebook and gave the company a “buy” rating in a research note on Thursday, August 4th. 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 assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $149.99.

Facebook Company Profile

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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