Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 254,525 shares of the firm’s stock in a transaction on Monday, August 28th. The stock was sold at an average price of $166.97, for a total value of $42,498,039.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Mark Zuckerberg also recently made the following trade(s):

  • On Monday, August 14th, Mark Zuckerberg sold 124,625 shares of Facebook stock. The stock was sold at an average price of $170.51, for a total value of $21,249,808.75.
  • On Tuesday, August 15th, Mark Zuckerberg sold 248,984 shares of Facebook stock. The stock was sold at an average price of $170.69, for a total value of $42,499,078.96.
  • On Wednesday, July 12th, Mark Zuckerberg sold 134,599 shares of Facebook stock. The stock was sold at an average price of $157.87, for a total value of $21,249,144.13.
  • On Thursday, July 13th, Mark Zuckerberg sold 268,100 shares of Facebook stock. The stock was sold at an average price of $158.52, for a total value of $42,499,212.00.
  • On Friday, June 30th, Mark Zuckerberg sold 281,436 shares of Facebook stock. The stock was sold at an average price of $151.01, for a total value of $42,499,650.36.
  • On Thursday, June 22nd, Mark Zuckerberg sold 277,018 shares of Facebook stock. The stock was sold at an average price of $153.42, for a total value of $42,500,101.56.
  • On Friday, June 9th, Mark Zuckerberg sold 122,521 shares of Facebook stock. The stock was sold at an average price of $153.03, for a total value of $18,749,388.63.

Shares of Facebook, Inc. (NASDAQ:FB) opened at 168.05 on Wednesday. The stock has a market capitalization of $488.05 billion, a PE ratio of 37.61 and a beta of 0.70. Facebook, Inc. has a 12 month low of $113.55 and a 12 month high of $175.49. The company’s 50-day moving average is $166.02 and its 200-day moving average is $150.10.

Facebook (NASDAQ:FB) last released its quarterly earnings data 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. Facebook had a net margin of 38.84% and a return on equity of 21.73%. The firm had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.19 billion. During the same period in the previous year, the company earned $0.97 earnings per share. The company’s quarterly revenue was up 44.8% on a year-over-year basis. Equities research analysts expect that Facebook, Inc. will post $5.33 earnings per share for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in FB. Arcadia Investment Management Corp MI increased its position in Facebook by 20.0% in the first quarter. Arcadia Investment Management Corp MI now owns 721 shares of the social networking company’s stock valued at $102,000 after buying an additional 120 shares during the period. D. Scott Neal Inc. increased its position in Facebook by 1,358.0% in the second quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock valued at $110,000 after buying an additional 679 shares during the period. Cohen Capital Management Inc. acquired a new position in Facebook during the first quarter valued at approximately $121,000. Farmers & Merchants Investments Inc. increased its position in Facebook by 4.4% in the second quarter. Farmers & Merchants Investments Inc. now owns 809 shares of the social networking company’s stock valued at $122,000 after buying an additional 34 shares during the period. Finally, Cable Hill Partners LLC increased its position in Facebook by 9.5% in the first quarter. Cable Hill Partners LLC now owns 910 shares of the social networking company’s stock valued at $129,000 after buying an additional 79 shares during the period. Hedge funds and other institutional investors own 57.30% of the company’s stock.

Several analysts have recently issued reports on the company. UBS AG set a $168.00 price objective on Facebook and gave the company a “buy” rating in a research note on Thursday, May 4th. Cowen and Company reiterated an “outperform” rating and issued a $195.00 price objective on shares of Facebook in a research note on Thursday, August 10th. Pivotal Research cut Facebook from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Robert W. Baird reiterated an “outperform” rating and issued a $185.00 price objective (up from $163.00) on shares of Facebook in a research note on Thursday, July 27th. Finally, Zacks Investment Research cut Facebook from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, forty-three have issued a buy rating and three have issued a strong buy rating to the company. Facebook currently has a consensus rating of “Buy” and a consensus target price of $183.74.

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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