Facebook Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 740,626 shares of Facebook stock in a transaction on Thursday, October 13th. The shares were sold at an average price of $128.27, for a total value of $95,000,097.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were sold at an average price of $128.20, for a total value of $47,498,869.20.
  • On Monday, October 3rd, Mark Zuckerberg sold 370,233 shares of Facebook stock. The shares were sold at an average price of $128.30, for a total value of $47,500,893.90.
  • On Friday, September 23rd, Mark Zuckerberg sold 735,977 shares of Facebook stock. The shares were sold at an average price of $129.08, for a total value of $94,999,911.16.
  • On Monday, September 12th, Mark Zuckerberg sold 741,797 shares of Facebook stock. The shares were sold at an average price of $128.07, for a total value of $95,001,941.79.
  • On Wednesday, August 31st, Mark Zuckerberg sold 755,239 shares of Facebook stock. The shares were sold at an average price of $125.79, for a total value of $95,001,513.81.
  • On Thursday, August 18th, Mark Zuckerberg sold 767,905 shares of Facebook stock. The shares were sold at an average price of $123.71, for a total value of $94,997,527.55.

Facebook Inc. (NASDAQ:FB) opened at 127.88 on Monday. The firm has a market capitalization of $367.23 billion, a price-to-earnings ratio of 61.13 and a beta of 0.77. The firm has a 50-day moving average of $128.26 and a 200-day moving average of $120.22. Facebook Inc. has a 52-week low of $89.37 and a 52-week high of $131.98.

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

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

Institutional investors have recently added to or reduced their stakes in the company. Stelac Advisory Services LLC purchased a new position in Facebook during the first quarter valued at approximately $106,000. Bartlett & Co. LLC raised its position in Facebook by 8.9% in the second quarter. Bartlett & Co. LLC now owns 1,116 shares of the social networking company’s stock valued at $128,000 after buying an additional 91 shares in the last quarter. Kings Point Capital Management raised its position in Facebook by 20.1% in the first quarter. Kings Point Capital Management now owns 1,193 shares of the social networking company’s stock valued at $136,000 after buying an additional 200 shares in the last quarter. Balentine LLC raised its position in Facebook by 512.6% in the second quarter. Balentine LLC now owns 1,213 shares of the social networking company’s stock valued at $139,000 after buying an additional 1,015 shares in the last quarter. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position 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. 56.63% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have issued reports on the company. Deutsche Bank AG reaffirmed a “buy” rating on shares of Facebook in a report on Sunday, July 10th. Cowen and Company reaffirmed a “buy” rating and set a $145.00 price target on shares of Facebook in a report on Sunday, July 17th. Raymond James Financial Inc. reaffirmed an “outperform” rating and set a $140.00 price target on shares of Facebook in a report on Friday, July 22nd. MKM Partners reaffirmed a “buy” rating on shares of Facebook in a report on Sunday, July 24th. Finally, Credit Suisse Group AG reaffirmed a “buy” rating and set a $170.00 price target on shares of Facebook in a report on Monday. One 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 assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $150.30.

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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