Facebook, Inc. (NASDAQ:FB) insider Michael Todd Schroepfer sold 37,914 shares of Facebook stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $154.43, for a total transaction of $5,855,059.02. Following the transaction, the insider now owns 856,491 shares of the company’s stock, valued at approximately $132,267,905.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Michael Todd Schroepfer also recently made the following trade(s):

  • On Tuesday, May 9th, Michael Todd Schroepfer sold 37,919 shares of Facebook stock. The stock was sold at an average price of $151.21, for a total transaction of $5,733,731.99.

Facebook, Inc. (NASDAQ:FB) opened at 169.62 on Monday. Facebook, Inc. has a one year low of $113.55 and a one year high of $175.49. The firm has a market cap of $492.61 billion, a P/E ratio of 37.96 and a beta of 0.70. The firm’s 50-day moving average price is $157.40 and its 200 day moving average price is $145.43.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, July 26th. The social networking company reported $1.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.13 by $0.19. The firm had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.19 billion. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The business’s quarterly revenue was up 44.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.97 EPS. On average, equities research analysts forecast that Facebook, Inc. will post $5.33 EPS for the current year.

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A number of equities research analysts have recently commented on the stock. Barclays PLC set a $200.00 price target on shares of Facebook and gave the stock a “buy” rating in a report on Friday, July 28th. FBN Securities reiterated an “outperform” rating and set a $210.00 price target (up from $175.00) on shares of Facebook in a report on Sunday, July 30th. Morgan Stanley set a $190.00 price target on shares of Facebook and gave the stock a “buy” rating in a report on Monday, July 31st. Atlantic Securities set a $200.00 target price on shares of Facebook and gave the company a “buy” rating in a report on Monday, July 31st. Finally, Pivotal Research downgraded shares of Facebook from a “hold” rating to a “sell” rating and lowered their target price for the company from $172.45 to $140.00 in a report on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, forty-two have assigned a buy rating and four have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $180.91.

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Financial Corp IN raised its position in Facebook by 0.5% in the first quarter. First Financial Corp IN now owns 2,436 shares of the social networking company’s stock valued at $346,000 after buying an additional 11 shares during the period. Hartford Financial Management Inc. raised its position in Facebook by 1.1% in the second quarter. Hartford Financial Management Inc. now owns 1,488 shares of the social networking company’s stock valued at $224,000 after buying an additional 16 shares during the period. Halbert Hargrove Russell LLC raised its position in Facebook by 0.5% in the second quarter. Halbert Hargrove Russell LLC now owns 3,485 shares of the social networking company’s stock valued at $526,000 after buying an additional 19 shares during the period. Enterprise Financial Services Corp raised its position in Facebook by 1.0% in the first quarter. Enterprise Financial Services Corp now owns 2,124 shares of the social networking company’s stock valued at $302,000 after buying an additional 21 shares during the period. Finally, Barrington Strategic Wealth Management Group LLC raised its position in Facebook by 1.3% in the fourth quarter. Barrington Strategic Wealth Management Group LLC now owns 2,015 shares of the social networking company’s stock valued at $232,000 after buying an additional 25 shares during the period. 57.60% of the stock is currently owned by hedge funds and other institutional investors.

Facebook Company Profile

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

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

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