Facebook Inc. (NASDAQ:FB) VP David B. Fischer sold 47,301 shares of the business’s stock in a transaction on Thursday, November 17th. The shares were sold at an average price of $116.52, for a total transaction of $5,511,512.52. Following the sale, the vice president now directly owns 178,142 shares of the company’s stock, valued at $20,757,105.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Facebook Inc. (NASDAQ:FB) opened at 117.79 on Friday. The firm has a market capitalization of $339.49 billion, a price-to-earnings ratio of 45.41 and a beta of 0.76. Facebook Inc. has a 1-year low of $89.37 and a 1-year high of $133.50. The company has a 50-day moving average price of $126.49 and a 200 day moving average price of $122.46.

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

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

Several institutional investors have recently modified their holdings of FB. BP PLC boosted its position in shares of Facebook by 6.3% in the second quarter. BP PLC now owns 269,000 shares of the social networking company’s stock valued at $30,741,000 after buying an additional 16,000 shares during the period. Shelton Capital Management boosted its position in shares of Facebook by 1.8% in the second quarter. Shelton Capital Management now owns 225,224 shares of the social networking company’s stock valued at $25,739,000 after buying an additional 4,031 shares during the period. Factory Mutual Insurance Co. boosted its position in shares of Facebook by 3.1% in the second quarter. Factory Mutual Insurance Co. now owns 837,000 shares of the social networking company’s stock valued at $95,652,000 after buying an additional 25,000 shares during the period. Strs Ohio boosted its position in shares of Facebook by 3.8% in the second quarter. Strs Ohio now owns 2,367,459 shares of the social networking company’s stock valued at $270,553,000 after buying an additional 86,207 shares during the period. Finally, Arizona State Retirement System boosted its position in shares of Facebook by 2.4% in the first quarter. Arizona State Retirement System now owns 679,800 shares of the social networking company’s stock valued at $77,565,000 after buying an additional 15,900 shares during the period. Institutional investors own 56.87% of the company’s stock.

A number of equities analysts have commented on FB shares. MKM Partners reiterated a “buy” rating on shares of Facebook in a report on Sunday, July 24th. Raymond James Financial Inc. reiterated an “outperform” rating and issued a $140.00 target price on shares of Facebook in a report on Friday, July 22nd. Goldman Sachs Group Inc. reiterated a “buy” rating and issued a $162.00 target price on shares of Facebook in a report on Thursday. Jefferies Group reiterated a “buy” rating and issued a $170.00 target price (up from $160.00) on shares of Facebook in a report on Wednesday, July 27th. Finally, Wedbush boosted their target price on shares of Facebook from $145.00 to $162.00 and gave the stock an “outperform” rating in a report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, forty-three have issued a buy rating and three have issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $150.67.

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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