Morgan Stanley set a $215.00 price target on Facebook (NASDAQ:FB) in a research note published on Friday. The firm currently has a buy rating on the social networking company’s stock.

A number of other research firms have also recently commented on FB. Credit Suisse Group restated a buy rating on shares of Facebook in a research note on Wednesday, October 11th. Vetr upgraded Facebook from a buy rating to a strong-buy rating and set a $210.43 price target on the stock in a research note on Wednesday. UBS Group set a $208.00 price target on Facebook and gave the stock a buy rating in a research note on Thursday, November 2nd. Wedbush set a $225.00 price target on Facebook and gave the stock a buy rating in a research note on Monday, October 30th. Finally, Deutsche Bank restated a buy rating on shares of Facebook in a research note on Thursday, November 2nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, forty-two have assigned a buy rating and three have assigned a strong buy rating to the company. Facebook has an average rating of Buy and an average target price of $203.72.

Shares of Facebook (FB) traded down $8.40 during trading on Friday, reaching $179.37. The company had a trading volume of 77,306,900 shares, compared to its average volume of 16,580,000. The stock has a market capitalization of $521,210.00, a price-to-earnings ratio of 33.34, a price-to-earnings-growth ratio of 1.07 and a beta of 0.68. Facebook has a 52 week low of $126.78 and a 52 week high of $188.90.

Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, November 1st. The social networking company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.31. The company 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%. The firm’s revenue for the quarter was up 47.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 earnings per share. equities research analysts expect that Facebook will post 5.86 EPS for the current year.

In related news, VP David B. Fischer sold 4,699 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $171.53, for a total value of $806,019.47. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael Todd Schroepfer sold 38,017 shares of the stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $187.83, for a total value of $7,140,733.11. Following the completion of the transaction, the insider now directly owns 381,521 shares in the company, valued at approximately $71,661,089.43. The disclosure for this sale can be found here. Insiders sold 4,182,199 shares of company stock worth $752,724,430 in the last three months. 17.23% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the stock. Country Trust Bank grew its holdings in shares of Facebook by 550.6% during the fourth quarter. Country Trust Bank now owns 566 shares of the social networking company’s stock worth $100,000 after purchasing an additional 479 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Facebook during the third quarter worth about $111,000. D. Scott Neal Inc. grew its holdings in shares of Facebook by 1,358.0% during the second quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock worth $110,000 after buying an additional 679 shares during the last quarter. Stelac Advisory Services LLC purchased a new position in shares of Facebook during the third quarter worth about $152,000. Finally, Mountain Capital Investment Advisors Inc purchased a new position in shares of Facebook during the second quarter worth about $138,000. 57.73% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Facebook (NASDAQ:FB)

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