Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of Facebook stock in a transaction dated Tuesday, December 27th. The shares were sold at an average price of $118.10, for a total value of $88,575.00. Following the completion of the sale, the vice president now directly owns 79,859 shares in the company, valued at approximately $9,431,347.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Tuesday, December 20th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $119.30, for a total value of $89,475.00.
  • On Tuesday, December 13th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $119.95, for a total value of $89,962.50.
  • On Tuesday, November 8th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $121.70, for a total value of $91,275.00.
  • On Tuesday, November 1st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $130.45, for a total value of $97,837.50.
  • On Tuesday, October 25th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $132.69, for a total value of $99,517.50.
  • On Tuesday, October 18th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $128.78, for a total value of $96,585.00.
  • On Tuesday, October 11th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $129.47, for a total value of $97,102.50.
  • On Tuesday, October 4th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $128.27, for a total value of $96,202.50.

Facebook, Inc. (NASDAQ:FB) opened at 116.35 on Friday. The company has a market cap of $335.34 billion, a P/E ratio of 44.85 and a beta of 0.68. Facebook, Inc. has a 12 month low of $89.37 and a 12 month high of $133.50. The company’s 50-day moving average is $118.57 and its 200-day moving average is $122.55.

Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, November 2nd. The social networking company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.12. The business had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.90 billion. Facebook had a net margin of 30.32% and a return on equity of 16.51%. The company’s revenue for the quarter was up 55.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 EPS. On average, equities research analysts expect that Facebook, Inc. will post $4.09 EPS for the current fiscal year.

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

COPYRIGHT VIOLATION NOTICE: “Colin Stretch Sells 750 Shares of Facebook, Inc. (FB) Stock” was first posted by Watch List News and is the propert of of Watch List News. If you are viewing this report on another website, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The original version of this report can be viewed at http://www.watchlistnews.com/colin-stretch-sells-750-shares-of-facebook-inc-fb-stock/1043375.html.

Hedge funds and other institutional investors have recently modified their holdings of the company. Farmers & Merchants Investments Inc. increased its position in shares of Facebook by 11.9% in the third quarter. Farmers & Merchants Investments Inc. now owns 901 shares of the social networking company’s stock worth $116,000 after buying an additional 96 shares during the last quarter. Jacobus Wealth Management Inc. purchased a new position in shares of Facebook during the third quarter worth about $121,000. Orinda Asset Management LLC purchased a new position in shares of Facebook during the third quarter worth about $126,000. Bartlett & Co. LLC increased its position in shares of Facebook by 8.9% in the second quarter. Bartlett & Co. LLC now owns 1,116 shares of the social networking company’s stock worth $128,000 after buying an additional 91 shares during the last quarter. Finally, Integrated Wealth Counsel LLC purchased a new position in shares of Facebook during the third quarter worth about $128,000. 56.09% of the stock is currently owned by hedge funds and other institutional investors.

FB has been the topic of a number of recent analyst reports. Bank of America Corporation reissued a “buy” rating and set a $150.00 price target on shares of Facebook in a research report on Monday, September 26th. reissued a “buy” rating on shares of Facebook in a research report on Friday, September 23rd. Loop Capital initiated coverage on Facebook in a research report on Thursday, September 22nd. They set a “buy” rating and a $165.00 price target on the stock. They noted that the move was a valuation call. Citigroup Inc. boosted their price target on Facebook from $148.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, September 19th. Finally, Vetr raised Facebook from a “hold” rating to a “buy” rating and set a $136.45 price target on the stock in a research report on Monday, September 12th. One analyst has rated the stock with a sell rating, five have given a hold rating, forty-five have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Facebook presently has an average rating of “Buy” and an average target price of $149.77.

About Facebook

Facebook, Inc builds products that enable people to connect and share through mobile devices and personal computers. The Company enables people to share their opinions, ideas, photos and videos, and other activities. Its products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook is a mobile application and Website that enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

5 Day Chart for NASDAQ:FB

Receive News & Ratings for Facebook Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.