Facebook Inc. (NASDAQ:FB) Director Jan Koum sold 400,000 shares of the business’s stock in a transaction dated Monday, October 10th. The shares were sold at an average price of $130.28, for a total transaction of $52,112,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Jan Koum also recently made the following trade(s):

  • On Tuesday, October 11th, Jan Koum sold 602,114 shares of Facebook stock. The shares were sold at an average price of $129.36, for a total transaction of $77,889,467.04.
  • On Tuesday, October 4th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $128.22, for a total transaction of $72,658,170.96.
  • On Tuesday, September 27th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $128.36, for a total transaction of $72,737,504.48.
  • On Thursday, September 22nd, Jan Koum sold 966,668 shares of Facebook stock. The shares were sold at an average price of $129.26, for a total transaction of $124,951,505.68.
  • On Tuesday, September 13th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $127.19, for a total transaction of $72,074,502.92.
  • On Thursday, September 8th, Jan Koum sold 1,566,668 shares of Facebook stock. The shares were sold at an average price of $129.70, for a total transaction of $203,196,839.60.
  • On Tuesday, August 30th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $125.70, for a total transaction of $71,230,167.60.
  • On Wednesday, August 24th, Jan Koum sold 804,367 shares of Facebook stock. The shares were sold at an average price of $124.51, for a total transaction of $100,151,735.17.
  • On Monday, August 22nd, Jan Koum sold 356,547 shares of Facebook stock. The shares were sold at an average price of $123.95, for a total transaction of $44,194,000.65.
  • On Monday, August 15th, Jan Koum sold 648,428 shares of Facebook stock. The shares were sold at an average price of $124.08, for a total transaction of $80,456,946.24.

Shares of Facebook Inc. (NASDAQ:FB) traded up 0.13% during trading on Wednesday, reaching $129.05. 11,072,991 shares of the company traded hands. The stock’s 50 day moving average is $128.03 and its 200 day moving average is $120.07. The company has a market capitalization of $370.59 billion, a price-to-earnings ratio of 61.69 and a beta of 0.77. Facebook Inc. has a 1-year low of $89.37 and a 1-year high of $131.98.

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

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

FB has been the topic of a number of recent research reports. SunTrust Banks Inc. restated a “buy” rating and set a $135.00 price target on shares of Facebook in a research note on Wednesday, July 6th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $150.00 target price on shares of Facebook in a report on Tuesday, July 5th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $165.00 target price on shares of Facebook in a report on Tuesday, June 21st. MKM Partners reaffirmed a “buy” rating and set a $150.00 target price on shares of Facebook in a report on Wednesday, June 22nd. Finally, Goldman Sachs Group Inc. set a $142.00 target price on shares of Facebook and gave the stock a “buy” rating in a report on Wednesday, June 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, forty-five have given a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $149.99.

Institutional investors have recently added to or reduced their stakes in the stock. Raab & Moskowitz Asset Management LLC boosted its position in shares of Facebook by 17.9% in the first quarter. Raab & Moskowitz Asset Management LLC now owns 2,811 shares of the social networking company’s stock valued at $320,000 after buying an additional 427 shares during the last quarter. Torray LLC boosted its position in shares of Facebook by 85.2% in the first quarter. Torray LLC now owns 487,875 shares of the social networking company’s stock valued at $55,667,000 after buying an additional 224,415 shares during the last quarter. Badgley Phelps & Bell Inc. boosted its position in shares of Facebook by 3.4% in the first quarter. Badgley Phelps & Bell Inc. now owns 143,094 shares of the social networking company’s stock valued at $16,327,000 after buying an additional 4,656 shares during the last quarter. Tiemann Investment Advisors LLC boosted its position in shares of Facebook by 60.3% in the first quarter. Tiemann Investment Advisors LLC now owns 3,375 shares of the social networking company’s stock valued at $385,000 after buying an additional 1,270 shares during the last quarter. Finally, Outfitter Advisors LTD. boosted its position in shares of Facebook by 53.9% in the first quarter. Outfitter Advisors LTD. now owns 20,560 shares of the social networking company’s stock valued at $2,346,000 after buying an additional 7,200 shares during the last quarter. 56.61% of the stock is owned by 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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