Shares of Facebook Inc. (NASDAQ:FB) have been given an average rating of “Buy” by the fifty-four ratings firms that are currently covering the company. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, forty-five have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $151.50.

FB has been the subject of a number of recent research reports. Wedbush boosted their target price on shares of Facebook from $145.00 to $162.00 and gave the company an “outperform” rating in a research note on Thursday, July 28th. Zacks Investment Research raised shares of Facebook from a “hold” rating to a “strong-buy” rating and set a $144.00 target price on the stock in a research note on Friday, July 29th. JMP Securities set a $165.00 target price on shares of Facebook and gave the company a “buy” rating in a research note on Thursday, July 28th. Nomura reaffirmed a “buy” rating and issued a $155.00 price target on shares of Facebook in a research note on Thursday, November 3rd. Finally, Pacific Crest upped their price target on shares of Facebook from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, July 28th.

In other news, VP Colin Stretch sold 750 shares of the company’s stock in a transaction dated Tuesday, August 30th. The shares were sold at an average price of $126.60, for a total value of $94,950.00. Following the sale, the vice president now directly owns 88,190 shares of the company’s stock, valued at approximately $11,164,854. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jan Koum sold 1,566,668 shares of the company’s stock in a transaction dated Thursday, September 8th. The stock was sold at an average price of $129.70, for a total transaction of $203,196,839.60. The disclosure for this sale can be found here. 19.08% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the company. Vaughan David Investments Inc. IL boosted its position in shares of 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 during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its position in shares of 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 during the period. Cobblestone Capital Advisors LLC NY boosted its position in shares of Facebook by 1.0% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 2,120 shares of the social networking company’s stock valued at $272,000 after buying an additional 20 shares during the period. Enterprise Financial Services Corp boosted its position in shares of Facebook by 1.2% in the third quarter. Enterprise Financial Services Corp now owns 1,780 shares of the social networking company’s stock valued at $228,000 after buying an additional 21 shares during the period. Finally, Roberts Glore & Co. Inc. IL boosted its position in shares of 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 during the period. Institutional investors own 56.67% of the company’s stock.

Facebook (NASDAQ:FB) traded down 0.38% on Friday, hitting $120.38. The stock had a trading volume of 8,638,586 shares. Facebook has a one year low of $89.37 and a one year high of $133.50. The firm has a market cap of $346.96 billion, a price-to-earnings ratio of 46.41 and a beta of 0.76. The company’s 50-day moving average price is $125.59 and its 200 day moving average price is $122.54.

Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, November 2nd. The social networking company reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.12. The company earned $7 billion during the quarter, compared to analyst estimates of $6.90 billion. Facebook had a return on equity of 16.51% and a net margin of 30.32%. The business’s revenue was up 55.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.57 earnings per share. Analysts expect that Facebook will post $4.09 earnings per share for the current year.

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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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