Facebook, Inc. (NASDAQ:FB) VP Jennifer Newstead sold 97 shares of Facebook stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $154.94, for a total value of $15,029.18. Following the transaction, the vice president now directly owns 2,055 shares in the company, valued at $318,401.70. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Jennifer Newstead also recently made the following trade(s):

  • On Tuesday, March 17th, Jennifer Newstead sold 97 shares of Facebook stock. The stock was sold at an average price of $150.80, for a total value of $14,627.60.
  • On Tuesday, March 10th, Jennifer Newstead sold 97 shares of Facebook stock. The stock was sold at an average price of $174.76, for a total value of $16,951.72.
  • On Tuesday, March 3rd, Jennifer Newstead sold 97 shares of Facebook stock. The stock was sold at an average price of $196.30, for a total value of $19,041.10.
  • On Tuesday, February 25th, Jennifer Newstead sold 97 shares of Facebook stock. The stock was sold at an average price of $202.17, for a total value of $19,610.49.
  • On Tuesday, February 11th, Jennifer Newstead sold 266 shares of Facebook stock. The stock was sold at an average price of $210.14, for a total value of $55,897.24.
  • On Tuesday, February 4th, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $206.50, for a total value of $53,690.00.
  • On Tuesday, January 28th, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $216.14, for a total value of $56,196.40.
  • On Tuesday, January 21st, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $222.28, for a total value of $57,792.80.
  • On Tuesday, January 14th, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $221.86, for a total value of $57,683.60.
  • On Tuesday, January 7th, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $212.85, for a total value of $55,341.00.

FB traded up $4.11 during midday trading on Thursday, reaching $160.32. 12,529,600 shares of the company were exchanged, compared to its average volume of 29,374,246. Facebook, Inc. has a one year low of $137.10 and a one year high of $224.20. The company’s fifty day moving average price is $189.00 and its 200 day moving average price is $195.35. The company has a market cap of $457.28 billion, a price-to-earnings ratio of 24.89, a price-to-earnings-growth ratio of 1.04 and a beta of 1.03. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.40 and a current ratio of 4.40.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, January 29th. The social networking company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.03. Facebook had a return on equity of 19.97% and a net margin of 26.15%. The firm had revenue of $21.08 billion for the quarter, compared to the consensus estimate of $20.90 billion. During the same quarter in the previous year, the business earned $2.38 EPS. The company’s revenue was up 24.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Facebook, Inc. will post 8.97 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC boosted its stake in shares of Facebook by 3.3% in the 4th quarter. FMR LLC now owns 123,422,389 shares of the social networking company’s stock worth $25,332,445,000 after buying an additional 3,993,741 shares during the last quarter. State Street Corp boosted its stake in shares of Facebook by 0.9% in the 4th quarter. State Street Corp now owns 94,316,951 shares of the social networking company’s stock worth $19,358,554,000 after buying an additional 881,118 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Facebook by 0.6% in the 4th quarter. Capital Research Global Investors now owns 73,111,043 shares of the social networking company’s stock worth $15,006,041,000 after buying an additional 409,290 shares during the last quarter. Capital World Investors boosted its stake in shares of Facebook by 5.4% in the 4th quarter. Capital World Investors now owns 46,700,441 shares of the social networking company’s stock worth $9,585,263,000 after buying an additional 2,405,542 shares during the last quarter. Finally, Capital International Investors boosted its stake in shares of Facebook by 1.8% in the 4th quarter. Capital International Investors now owns 45,189,119 shares of the social networking company’s stock worth $9,275,066,000 after buying an additional 781,073 shares during the last quarter. Hedge funds and other institutional investors own 65.29% of the company’s stock.

Several research firms have recently weighed in on FB. Goldman Sachs Group set a $170.00 price objective on Facebook and gave the stock a “buy” rating in a research report on Thursday. Wedbush reissued an “outperform” rating and issued a $250.00 price objective on shares of Facebook in a research report on Tuesday, March 17th. Morgan Stanley lifted their price objective on Facebook from $250.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Pivotal Research lowered Facebook from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $215.00 to $180.00 in a research report on Tuesday, February 11th. Finally, SunTrust Banks lowered their price objective on Facebook from $265.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and forty-six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $241.88.

Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

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