Facebook Inc. (NASDAQ:FB) COO Sheryl Sandberg sold 138,339 shares of the business’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $118.65, for a total transaction of $16,413,922.35. Following the completion of the sale, the chief operating officer now directly owns 4,059,460 shares in the company, valued at approximately $481,654,929. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Sheryl Sandberg also recently made the following trade(s):

  • On Wednesday, October 19th, Sheryl Sandberg sold 218,000 shares of Facebook stock. The shares were sold at an average price of $129.94, for a total transaction of $28,326,920.00.
  • On Tuesday, October 18th, Sheryl Sandberg sold 148,104 shares of Facebook stock. The shares were sold at an average price of $128.56, for a total transaction of $19,040,250.24.
  • On Monday, October 3rd, Sheryl Sandberg sold 109,000 shares of Facebook stock. The shares were sold at an average price of $128.31, for a total transaction of $13,985,790.00.
  • On Wednesday, September 21st, Sheryl Sandberg sold 327,000 shares of Facebook stock. The shares were sold at an average price of $129.51, for a total transaction of $42,349,770.00.
  • On Wednesday, September 7th, Sheryl Sandberg sold 327,000 shares of Facebook stock. The shares were sold at an average price of $129.52, for a total transaction of $42,353,040.00.
  • On Wednesday, August 24th, Sheryl Sandberg sold 109,000 shares of Facebook stock. The shares were sold at an average price of $123.88, for a total transaction of $13,502,920.00.

Facebook Inc. (NASDAQ:FB) traded up 0.32% on Thursday, reaching $116.71. The company had a trading volume of 7,006,815 shares. Facebook Inc. has a 52 week low of $89.37 and a 52 week high of $133.50. The company has a market capitalization of $273197.69 billion, a P/E ratio of 45.06 and a beta of 0.76. The stock’s 50-day moving average is $126.80 and its 200-day moving average is $122.49.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, November 2nd. The social networking company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.12. The firm had revenue of $7 billion for the quarter, compared to analysts’ expectations of $6.90 billion. Facebook had a return on equity of 16.51% and a net margin of 30.32%. The company’s quarterly revenue was up 55.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.57 earnings per share. Equities research analysts forecast that Facebook Inc. will post $4.09 EPS for the current fiscal year.

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

Several brokerages recently issued reports on FB. Bank of America Corp. reiterated a “buy” rating and set a $153.07 price target (up previously from $123.94) on shares of Facebook in a research report on Monday, August 1st. Robert W. Baird reiterated an “outperform” rating and set a $155.00 price target on shares of Facebook in a research report on Tuesday, October 18th. Morgan Stanley reiterated an “overweight” rating and set a $160.00 price target on shares of Facebook in a research report on Wednesday, November 2nd. Oppenheimer Holdings Inc. set a $144.00 price target on shares of Facebook and gave the stock a “buy” rating in a research report on Thursday, November 3rd. Finally, MKM Partners reduced their price target on shares of Facebook from $165.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, forty-three have assigned a buy rating and three have issued a strong buy rating to the company. Facebook has a consensus rating of “Buy” and a consensus target price of $150.67.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FB. Stelac Advisory Services LLC bought a new stake in Facebook during the first quarter worth $106,000. Farmers & Merchants Investments Inc. raised its stake in Facebook by 11.9% in the third quarter. Farmers & Merchants Investments Inc. now owns 901 shares of the social networking company’s stock worth $116,000 after buying an additional 96 shares in the last quarter. Jacobus Wealth Management Inc. bought a new stake in Facebook during the third quarter worth $121,000. Orinda Asset Management LLC bought a new stake in Facebook during the third quarter worth $126,000. Finally, Bartlett & Co. LLC raised its stake in Facebook by 8.9% in the second quarter. Bartlett & Co. LLC now owns 1,116 shares of the social networking company’s stock worth $128,000 after buying an additional 91 shares in the last quarter. 56.87% of the stock is currently owned by hedge funds and other institutional investors.

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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