Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of the stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $168.25, for a total value of $126,187.50. Following the sale, the vice president now owns 96,341 shares of the company’s stock, valued at approximately $16,209,373.25. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Colin Stretch also recently made the following trade(s):

  • On Tuesday, August 15th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.15, for a total value of $128,362.50.
  • On Tuesday, August 8th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.88, for a total value of $128,910.00.
  • On Tuesday, August 1st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $169.93, for a total value of $127,447.50.
  • On Tuesday, July 25th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $165.29, for a total value of $123,967.50.
  • On Tuesday, July 18th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $159.87, for a total value of $119,902.50.
  • On Tuesday, July 11th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $153.36, for a total value of $115,020.00.
  • On Wednesday, July 5th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $149.00, for a total value of $111,750.00.
  • On Tuesday, June 27th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $152.89, for a total value of $114,667.50.
  • On Tuesday, June 20th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $152.87, for a total value of $114,652.50.
  • On Tuesday, June 6th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $153.74, for a total value of $115,305.00.

Facebook, Inc. (NASDAQ:FB) opened at 168.71 on Thursday. The stock has a market cap of $489.97 billion, a P/E ratio of 37.76 and a beta of 0.70. The firm’s 50-day moving average is $165.05 and its 200-day moving average is $149.72. Facebook, Inc. has a 1-year low of $113.55 and a 1-year high of $175.49.

Facebook (NASDAQ:FB) last issued its quarterly earnings results on Wednesday, July 26th. The social networking company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.19. The company had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.19 billion. Facebook had a net margin of 38.84% and a return on equity of 21.73%. The business’s quarterly revenue was up 44.8% on a year-over-year basis. During the same period last year, the business earned $0.97 EPS. On average, analysts forecast that Facebook, Inc. will post $5.33 EPS for the current year.

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Several equities analysts recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $185.00 target price on shares of Facebook in a research report on Saturday, June 3rd. Barclays PLC reaffirmed an “overweight” rating and set a $168.00 price target (up from $160.00) on shares of Facebook in a research report on Wednesday, July 12th. Vetr raised Facebook from a “hold” rating to a “buy” rating and set a $159.91 price target on the stock in a research report on Tuesday, June 6th. Jefferies Group LLC reaffirmed a “buy” rating and set a $192.00 price target (up from $175.00) on shares of Facebook in a research report on Thursday, July 27th. Finally, Pacific Crest reaffirmed an “overweight” rating and set a $155.00 price target on shares of Facebook in a research report on Thursday, May 4th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, forty-three have given a buy rating and three have issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $183.74.

Institutional investors have recently modified their holdings of the company. Kimelman & Baird LLC boosted its position in shares of Facebook by 0.4% in the second quarter. Kimelman & Baird LLC now owns 217,776 shares of the social networking company’s stock valued at $32,880,000 after buying an additional 940 shares in the last quarter. RNC Capital Management LLC boosted its position in shares of Facebook by 21.0% in the second quarter. RNC Capital Management LLC now owns 6,540 shares of the social networking company’s stock valued at $987,000 after buying an additional 1,134 shares in the last quarter. HWG Holdings LP boosted its position in shares of Facebook by 66.6% in the second quarter. HWG Holdings LP now owns 8,696 shares of the social networking company’s stock valued at $1,313,000 after buying an additional 3,477 shares in the last quarter. WFG Advisors LP boosted its position in shares of Facebook by 20.4% in the second quarter. WFG Advisors LP now owns 12,929 shares of the social networking company’s stock valued at $1,952,000 after buying an additional 2,187 shares in the last quarter. Finally, Toronto Dominion Bank boosted its position in shares of Facebook by 26.0% in the second quarter. Toronto Dominion Bank now owns 802,220 shares of the social networking company’s stock valued at $121,096,000 after buying an additional 165,754 shares in the last quarter. 57.40% of the stock is owned by 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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