Facebook Inc (NASDAQ:FB) CTO Michael Todd Schroepfer sold 38,042 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $177.86, for a total value of $6,766,150.12. Following the transaction, the chief technology officer now owns 402,534 shares in the company, valued at approximately $71,594,697.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Tuesday, November 14th, Michael Todd Schroepfer sold 38,043 shares of Facebook stock. The stock was sold at an average price of $178.25, for a total value of $6,781,164.75.
  • On Tuesday, October 10th, Michael Todd Schroepfer sold 38,058 shares of Facebook stock. The stock was sold at an average price of $171.51, for a total value of $6,527,327.58.

Facebook Inc (FB) opened at $180.18 on Friday. The stock has a market capitalization of $518,367.09, a price-to-earnings ratio of 34.37, a P/E/G ratio of 1.14 and a beta of 0.69. Facebook Inc has a 12-month low of $114.77 and a 12-month high of $184.25.

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

Large investors have recently made changes to their positions in the stock. D. Scott Neal Inc. raised its position in shares of Facebook by 1,358.0% in the 2nd quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock worth $110,000 after acquiring an additional 679 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Facebook in the 3rd quarter worth about $111,000. Farmers & Merchants Investments Inc. raised its position in shares of Facebook by 4.4% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 809 shares of the social networking company’s stock worth $122,000 after acquiring an additional 34 shares in the last quarter. Pacific Center for Financial Services raised its position in shares of Facebook by 10.7% in the 1st quarter. Pacific Center for Financial Services now owns 910 shares of the social networking company’s stock worth $129,000 after acquiring an additional 88 shares in the last quarter. Finally, Mountain Capital Investment Advisors Inc bought a new position in shares of Facebook in the 2nd quarter worth about $138,000. 57.86% of the stock is owned by institutional investors and hedge funds.

FB has been the topic of a number of research analyst reports. Vetr raised Facebook from a “hold” rating to a “buy” rating and set a $174.15 target price on the stock in a report on Monday, August 21st. Robert W. Baird reaffirmed a “buy” rating and issued a $185.00 target price on shares of Facebook in a report on Friday, September 1st. Pivotal Research reaffirmed a “sell” rating and issued a $140.00 target price on shares of Facebook in a report on Wednesday, September 6th. Mizuho reaffirmed a “buy” rating and issued a $230.00 target price on shares of Facebook in a report on Wednesday, September 20th. Finally, Zacks Investment Research raised Facebook from a “hold” rating to a “buy” rating and set a $191.00 target price on the stock in a report on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, forty-three have assigned a buy rating and two have given a strong buy rating to the company. Facebook presently has an average rating of “Buy” and an average price target of $200.75.

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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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