Facebook, Inc. (NASDAQ:FB) Director Jan Koum sold 594,246 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $179.35, for a total transaction of $106,578,020.10. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Tuesday, October 31st, Jan Koum sold 2,600,000 shares of Facebook stock. The stock was sold at an average price of $180.09, for a total transaction of $468,234,000.00.
  • On Wednesday, August 30th, Jan Koum sold 63,629 shares of Facebook stock. The stock was sold at an average price of $170.02, for a total transaction of $10,818,202.58.
  • On Thursday, August 31st, Jan Koum sold 640,754 shares of Facebook stock. The stock was sold at an average price of $171.20, for a total transaction of $109,697,084.80.

Facebook, Inc. (NASDAQ:FB) opened at $179.00 on Friday. Facebook, Inc. has a one year low of $114.00 and a one year high of $182.90. The company has a market capitalization of $520,139.66, a P/E ratio of 34.49, a PEG ratio of 1.14 and a beta of 0.67.

Facebook (NASDAQ:FB) last released its quarterly earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.31. The business had revenue of $10.33 billion during the quarter, compared to the consensus estimate of $9.84 billion. Facebook had a return on equity of 23.64% and a net margin of 41.69%. The firm’s quarterly revenue was up 47.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.09 EPS. equities analysts expect that Facebook, Inc. will post 5.86 EPS for the current year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in FB. Oregon Public Employees Retirement Fund boosted its stake in Facebook by 0.6% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 521,864 shares of the social networking company’s stock valued at $74,131,000 after purchasing an additional 3,000 shares during the period. Beaumont Financial Partners LLC raised its holdings in Facebook by 14.7% in the 1st quarter. Beaumont Financial Partners LLC now owns 5,808 shares of the social networking company’s stock valued at $825,000 after acquiring an additional 745 shares in the last quarter. North Star Investment Management Corp. raised its holdings in Facebook by 1.0% in the 1st quarter. North Star Investment Management Corp. now owns 8,290 shares of the social networking company’s stock valued at $1,178,000 after acquiring an additional 80 shares in the last quarter. Macguire Cheswick & Tuttle Investment Counsel LLC raised its holdings in Facebook by 16.4% in the 1st quarter. Macguire Cheswick & Tuttle Investment Counsel LLC now owns 91,719 shares of the social networking company’s stock valued at $13,029,000 after acquiring an additional 12,895 shares in the last quarter. Finally, BB&T Corp raised its holdings in shares of Facebook by 0.4% during the 1st quarter. BB&T Corp now owns 225,190 shares of the social networking company’s stock worth $31,989,000 after buying an additional 823 shares in the last quarter. Institutional investors and hedge funds own 57.35% of the company’s stock.

FB has been the subject of a number of analyst reports. Cowen and Company restated an “average” rating and set a $200.00 price objective (up previously from $195.00) on shares of Facebook in a research report on Wednesday, September 27th. Wedbush restated a “buy” rating on shares of Facebook in a research report on Thursday, July 27th. Macquarie set a $175.00 price objective on shares of Facebook and gave the stock a “buy” rating in a research report on Monday, July 24th. UBS AG restated a “buy” rating and set a $190.00 price objective (up previously from $168.00) on shares of Facebook in a research report on Thursday, July 27th. Finally, Canaccord Genuity restated a “buy” rating and set a $190.00 price objective (up previously from $175.00) on shares of Facebook in a research report on Thursday, July 27th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, forty-three have assigned a buy rating and two have issued a strong buy rating to the stock. Facebook has a consensus rating of “Buy” and an average target price of $197.95.

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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