Facebook Inc. (NASDAQ:FB) Director Jan Koum sold 602,114 shares of the stock in a transaction dated Tuesday, October 11th. The shares were sold at an average price of $129.36, for a total value of $77,889,467.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Monday, October 10th, Jan Koum sold 400,000 shares of Facebook stock. The shares were sold at an average price of $130.28, for a total value of $52,112,000.00.
  • 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $80,456,946.24.

Facebook Inc. (NASDAQ:FB) opened at 129.05 on Thursday. The stock has a market cap of $370.59 billion, a P/E ratio of 61.69 and a beta of 0.77. The firm’s 50 day moving average price is $128.03 and its 200-day moving average price is $120.07. 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 results on Wednesday, July 27th. The social networking company reported $0.97 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.15. Facebook had a net margin of 27.07% and a return on equity of 14.38%. The firm earned $6.44 billion during the quarter, compared to the consensus estimate of $6 billion. During the same quarter in the previous year, the firm posted $0.50 earnings per share. The company’s revenue was up 59.2% on a year-over-year basis. Equities research analysts anticipate 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)

Several hedge funds have recently bought and sold shares of the stock. 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 in the last quarter. 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 in the last quarter. 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 in the last quarter. Sadoff Investment Management LLC increased its stake in Facebook by 1.6% in the third quarter. Sadoff Investment Management LLC now owns 1,857 shares of the social networking company’s stock valued at $238,000 after buying an additional 29 shares in the last quarter. Finally, 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 in the last quarter. 56.61% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently weighed in on the company. Cowen and Company reissued a “buy” rating and issued a $145.00 price target on shares of Facebook in a research note on Sunday, July 17th. MKM Partners reissued a “buy” rating on shares of Facebook in a research note on Sunday, July 24th. Deutsche Bank AG reissued a “buy” rating on shares of Facebook in a research note on Sunday, July 10th. Vetr raised Facebook from a “hold” rating to a “buy” rating and set a $127.69 price target for the company in a research note on Wednesday, August 3rd. Finally, JPMorgan Chase & Co. set a $170.00 price target on Facebook and gave the company a “buy” rating in a research note on Thursday, July 28th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, forty-five have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price 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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