Trillium Asset Management LLC grew its stake in Facebook Inc (NASDAQ:FB) by 65.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 51,433 shares of the social networking company’s stock after purchasing an additional 20,333 shares during the period. Trillium Asset Management LLC’s holdings in Facebook were worth $8,788,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FB. Parkwood LLC raised its position in Facebook by 32.5% in the 3rd quarter. Parkwood LLC now owns 38,422 shares of the social networking company’s stock valued at $6,565,000 after purchasing an additional 9,417 shares during the last quarter. Rockland Trust Co. raised its position in Facebook by 0.7% in the 3rd quarter. Rockland Trust Co. now owns 63,517 shares of the social networking company’s stock valued at $10,853,000 after purchasing an additional 451 shares during the last quarter. American Century Companies Inc. raised its position in Facebook by 19.0% in the 3rd quarter. American Century Companies Inc. now owns 11,722,161 shares of the social networking company’s stock valued at $2,002,966,000 after purchasing an additional 1,873,961 shares during the last quarter. Nwam LLC raised its position in Facebook by 2.2% in the 3rd quarter. Nwam LLC now owns 15,624 shares of the social networking company’s stock valued at $2,670,000 after purchasing an additional 336 shares during the last quarter. Finally, AIMZ Investment Advisors LLC raised its position in Facebook by 5.5% in the 3rd quarter. AIMZ Investment Advisors LLC now owns 11,255 shares of the social networking company’s stock valued at $1,923,000 after purchasing an additional 590 shares during the last quarter. Institutional investors and hedge funds own 57.75% of the company’s stock.

In related news, VP Colin Stretch sold 750 shares of the stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of $172.43, for a total value of $129,322.50. Following the sale, the vice president now directly owns 89,916 shares of the company’s stock, valued at approximately $15,504,215.88. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Michael Todd Schroepfer sold 38,017 shares of the stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $187.83, for a total transaction of $7,140,733.11. Following the completion of the sale, the insider now directly owns 381,521 shares in the company, valued at $71,661,089.43. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,182,199 shares of company stock worth $752,724,430. 17.23% of the stock is owned by corporate insiders.

Several analysts recently commented on the stock. UBS Group set a $215.00 price target on shares of Facebook and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Facebook in a research report on Monday. Citigroup reiterated a “buy” rating and issued a $200.00 price target on shares of Facebook in a research report on Wednesday, September 27th. BidaskClub upgraded shares of Facebook from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, January 10th. Finally, Cowen reiterated an “average” rating and issued a $200.00 price target (up previously from $195.00) on shares of Facebook in a research report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, forty-two have issued a buy rating and three have given a strong buy rating to the company. Facebook has a consensus rating of “Buy” and an average price target of $203.72.

Facebook Inc (FB) opened at $179.37 on Monday. The stock has a market cap of $521,214.78, a PE ratio of 34.76, a PEG ratio of 1.02 and a beta of 0.68. Facebook Inc has a twelve month low of $126.78 and a twelve month high of $188.90.

Facebook (NASDAQ:FB) last announced its quarterly earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share (EPS) for the quarter, beating the Zacks’ 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 net margin of 41.69% and a return on equity of 23.64%. The business’s revenue was up 47.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.09 EPS. analysts expect that Facebook Inc will post 5.86 earnings per share for the current year.

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Facebook 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.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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