Facebook Inc. (NASDAQ:FB) Director Jan Koum sold 237,699 shares of the business’s stock in a transaction that occurred on Friday, November 25th. The shares were sold at an average price of $120.45, for a total transaction of $28,630,844.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Tuesday, November 22nd, Jan Koum sold 356,547 shares of Facebook stock. The shares were sold at an average price of $119.95, for a total transaction of $42,767,812.65.
  • On Tuesday, October 25th, Jan Koum sold 766,652 shares of Facebook stock. The shares were sold at an average price of $132.68, for a total transaction of $101,719,387.36.
  • On Wednesday, October 19th, Jan Koum sold 931,222 shares of Facebook stock. The shares were sold at an average price of $129.31, for a total transaction of $120,416,316.82.
  • On Tuesday, October 11th, Jan Koum sold 602,114 shares of Facebook stock. The shares were sold at an average price of $129.36, for a total transaction of $77,889,467.04.
  • On Monday, October 10th, Jan Koum sold 400,000 shares of Facebook stock. The shares were sold at an average price of $130.28, for a total transaction of $52,112,000.00.
  • On Tuesday, October 4th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $128.22, for a total transaction of $72,658,170.96.
  • On Tuesday, September 27th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $128.36, for a total transaction of $72,737,504.48.
  • On Thursday, September 22nd, Jan Koum sold 966,668 shares of Facebook stock. The shares were sold at an average price of $129.26, for a total transaction of $124,951,505.68.
  • On Tuesday, September 13th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $127.19, for a total transaction of $72,074,502.92.
  • On Thursday, September 8th, Jan Koum sold 1,566,668 shares of Facebook stock. The shares were sold at an average price of $129.70, for a total transaction of $203,196,839.60.

Facebook Inc. (NASDAQ:FB) opened at 120.41 on Tuesday. Facebook Inc. has a 12-month low of $89.37 and a 12-month high of $133.50. The company has a 50 day moving average price of $125.02 and a 200-day moving average price of $122.59. The company has a market capitalization of $347.04 billion, a PE ratio of 46.42 and a beta of 0.76.

Facebook (NASDAQ:FB) last issued its quarterly earnings data 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. Facebook had a return on equity of 16.51% and a net margin of 30.32%. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same period in the prior year, the firm posted $0.57 EPS. The company’s revenue for the quarter was up 55.8% on a year-over-year basis. On average, analysts anticipate that Facebook Inc. will post $4.09 EPS for the current year.

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

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Several equities research analysts have issued reports on the stock. Goldman Sachs Group Inc. reiterated a “buy” rating and set a $162.00 price objective on shares of Facebook in a research note on Saturday, October 22nd. Jefferies Group reiterated a “buy” rating and set a $170.00 price objective on shares of Facebook in a research note on Sunday, October 23rd. Wedbush reiterated an “outperform” rating and set a $162.00 price objective on shares of Facebook in a research note on Friday, October 28th. Cantor Fitzgerald reiterated a “buy” rating and set a $160.00 price objective on shares of Facebook in a research note on Monday, October 31st. Finally, MKM Partners reiterated a “buy” rating and set a $165.00 price objective on shares of Facebook in a research note on Tuesday, November 1st. One research analyst has rated the stock with a sell rating, six have issued a hold rating, forty-five have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Facebook has an average rating of “Buy” and a consensus target price of $150.70.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capital World Investors raised its position in shares of Facebook by 41.3% in the second quarter. Capital World Investors now owns 33,131,292 shares of the social networking company’s stock worth $3,786,244,000 after buying an additional 9,686,624 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Facebook during the third quarter worth approximately $947,480,000. Third Point LLC purchased a new position in shares of Facebook during the second quarter worth approximately $428,550,000. Vanguard Group Inc. raised its position in shares of Facebook by 2.5% in the second quarter. Vanguard Group Inc. now owns 139,483,685 shares of the social networking company’s stock worth $15,940,195,000 after buying an additional 3,400,653 shares in the last quarter. Finally, Emerald Acquisition Ltd. purchased a new position in shares of Facebook during the second quarter worth approximately $369,509,000. 56.19% 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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