Facebook Inc. (NASDAQ:FB) Director Jan Koum sold 356,547 shares of the stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $119.95, for a total value of $42,767,812.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Tuesday, October 25th, Jan Koum sold 766,652 shares of Facebook stock. The stock was sold at an average price of $132.68, for a total value of $101,719,387.36.
  • On Wednesday, October 19th, Jan Koum sold 931,222 shares of Facebook stock. The stock was sold at an average price of $129.31, for a total value of $120,416,316.82.
  • On Tuesday, October 11th, Jan Koum sold 602,114 shares of Facebook stock. The stock was sold at an average price of $129.36, for a total value of $77,889,467.04.
  • On Monday, October 10th, Jan Koum sold 400,000 shares of Facebook stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $125.70, for a total value of $71,230,167.60.

Facebook Inc. (NASDAQ:FB) opened at 121.24 on Wednesday. The stock has a market cap of $349.43 billion, a P/E ratio of 46.74 and a beta of 0.76. Facebook Inc. has a 12-month low of $89.37 and a 12-month high of $133.50. The firm’s 50 day moving average price is $125.79 and its 200-day moving average price is $122.55.

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

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

FB has been the subject of several research reports. Evercore ISI reissued a “buy” rating and issued a $155.00 price objective on shares of Facebook in a research report on Tuesday, July 26th. Cantor Fitzgerald reissued a “buy” rating and issued a $150.00 price objective on shares of Facebook in a research report on Tuesday, July 26th. Bank of America Corp. reissued a “buy” rating and issued a $145.00 price objective on shares of Facebook in a research report on Tuesday, July 26th. Morgan Stanley raised their target price on Facebook from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, July 26th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $170.00 target price (up from $160.00) on shares of Facebook in a research report on Wednesday, July 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, forty-five have given a buy rating and two have issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $150.70.

Several hedge funds and other institutional investors have recently made changes to their positions in FB. Stelac Advisory Services LLC purchased a new stake in shares of Facebook during the first quarter valued at about $106,000. Farmers & Merchants Investments Inc. increased its stake in shares of Facebook by 11.9% in the third quarter. Farmers & Merchants Investments Inc. now owns 901 shares of the social networking company’s stock valued at $116,000 after buying an additional 96 shares during the last quarter. Jacobus Wealth Management Inc. purchased a new stake in shares of Facebook during the third quarter valued at about $121,000. Orinda Asset Management LLC purchased a new stake in shares of Facebook during the third quarter valued at about $126,000. Finally, Bartlett & Co. LLC increased its stake in shares of 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 during the last quarter. 56.67% of the stock is owned by hedge funds and other institutional investors.

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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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