Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $173.58, for a total transaction of $130,185.00. Following the sale, the vice president now directly owns 94,091 shares in the company, valued at approximately $16,332,315.78. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Tuesday, September 5th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.59, for a total transaction of $128,692.50.
  • On Tuesday, August 29th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $166.85, for a total transaction of $125,137.50.
  • On Tuesday, August 22nd, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $168.25, for a total transaction of $126,187.50.
  • On Tuesday, August 15th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.15, for a total transaction of $128,362.50.
  • On Tuesday, August 8th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.88, for a total transaction of $128,910.00.
  • On Tuesday, August 1st, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $169.93, for a total transaction of $127,447.50.
  • On Tuesday, July 25th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $165.29, for a total transaction of $123,967.50.
  • On Tuesday, July 18th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $159.87, for a total transaction of $119,902.50.
  • On Tuesday, July 11th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $153.36, for a total transaction of $115,020.00.
  • On Wednesday, July 5th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $149.00, for a total transaction of $111,750.00.

Facebook, Inc. (FB) opened at 171.64 on Monday. The stock has a 50 day moving average of $170.10 and a 200 day moving average of $153.80. Facebook, Inc. has a 12-month low of $113.55 and a 12-month high of $175.49. The stock has a market cap of $498.48 billion, a P/E ratio of 38.42 and a beta of 0.76.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, July 26th. The social networking company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.19. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same quarter last year, the firm posted $0.97 EPS. The business’s revenue was up 44.8% on a year-over-year basis. On average, equities research analysts anticipate that Facebook, Inc. will post $5.33 earnings per share for the current fiscal year.

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A number of equities analysts have recently commented on FB shares. BidaskClub raised shares of Facebook from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 13th. Robert W. Baird reissued an “outperform” rating and issued a $185.00 price target (up previously from $163.00) on shares of Facebook in a report on Thursday, July 27th. Mizuho reissued a “buy” rating on shares of Facebook in a report on Monday, August 7th. MKM Partners reissued a “buy” rating and issued a $200.00 price target (up previously from $180.00) on shares of Facebook in a report on Monday, August 7th. Finally, Pivotal Research lowered shares of Facebook from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, forty-three have assigned a buy rating and three have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $183.74.

Several large investors have recently made changes to their positions in FB. Frontier Investment Mgmt Co. lifted its holdings in Facebook by 19.7% in the 2nd quarter. Frontier Investment Mgmt Co. now owns 13,941 shares of the social networking company’s stock valued at $2,105,000 after purchasing an additional 2,295 shares in the last quarter. Intl Fcstone Inc. purchased a new position in Facebook in the 2nd quarter valued at $1,538,000. Griffin Asset Management Inc. purchased a new position in Facebook in the 2nd quarter valued at $242,000. Gs Investments Inc. purchased a new position in Facebook in the 2nd quarter valued at $2,778,000. Finally, Achmea Investment Management B.V. lifted its holdings in Facebook by 15.8% in the 2nd quarter. Achmea Investment Management B.V. now owns 81,297 shares of the social networking company’s stock valued at $12,273,000 after purchasing an additional 11,084 shares in the last quarter. Hedge funds and other institutional investors own 57.26% of the company’s stock.

About Facebook

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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