Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 6,952 shares of the stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $175.16, for a total value of $1,217,712.32. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Mark Zuckerberg also recently made the following trade(s):

  • On Wednesday, April 10th, Mark Zuckerberg sold 222,952 shares of Facebook stock. The stock was sold at an average price of $177.59, for a total value of $39,594,045.68.
  • On Wednesday, April 3rd, Mark Zuckerberg sold 92,220 shares of Facebook stock. The stock was sold at an average price of $175.94, for a total value of $16,225,186.80.
  • On Friday, April 5th, Mark Zuckerberg sold 255,050 shares of Facebook stock. The stock was sold at an average price of $176.27, for a total value of $44,957,663.50.

Shares of FB traded up $0.24 during trading hours on Wednesday, hitting $177.82. 10,705,142 shares of the company were exchanged, compared to its average volume of 19,508,324. The firm has a market cap of $510.47 billion, a PE ratio of 23.49, a P/E/G ratio of 1.28 and a beta of 0.88. Facebook, Inc. has a one year low of $123.02 and a one year high of $218.62.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, January 30th. The social networking company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.20. The business had revenue of $16.91 billion during the quarter, compared to analyst estimates of $16.40 billion. Facebook had a return on equity of 27.51% and a net margin of 39.60%. The company’s revenue was up 30.4% compared to the same quarter last year. During the same period last year, the company posted $1.44 EPS. On average, equities research analysts expect that Facebook, Inc. will post 7.54 EPS for the current fiscal year.

A number of equities analysts recently issued reports on FB shares. Wedbush set a $220.00 price objective on Facebook and gave the stock a “buy” rating in a report on Wednesday, January 2nd. Tigress Financial reissued a “buy” rating on shares of Facebook in a report on Thursday, December 20th. BMO Capital Markets decreased their price objective on Facebook to $163.00 and set a “market perform” rating for the company in a report on Monday, January 28th. Goldman Sachs Group lowered Facebook to a “neutral” rating in a report on Friday, January 4th. Finally, DZ Bank lowered Facebook from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $145.00 to $115.00 in a report on Thursday, December 20th. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and forty have assigned a buy rating to the company. Facebook currently has a consensus rating of “Buy” and an average price target of $192.28.

Several institutional investors and hedge funds have recently added to or reduced their stakes in FB. Whitnell & Co. purchased a new stake in shares of Facebook in the fourth quarter valued at $26,000. Contravisory Investment Management Inc. lifted its holdings in shares of Facebook by 153.2% in the fourth quarter. Contravisory Investment Management Inc. now owns 200 shares of the social networking company’s stock valued at $26,000 after purchasing an additional 121 shares in the last quarter. Jackson Grant Investment Advisers Inc. purchased a new stake in shares of Facebook in the fourth quarter valued at $31,000. Signet Investment Advisory Group Inc. purchased a new stake in shares of Facebook in the fourth quarter valued at $39,000. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of Facebook in the fourth quarter valued at $45,000. 60.21% of the stock is owned by institutional investors and hedge funds.

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About Facebook

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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