Colorado Capital Management Inc. boosted its stake in Facebook, Inc. (NASDAQ:FB) by 0.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,339 shares of the social networking company’s stock after acquiring an additional 218 shares during the period. Facebook comprises approximately 4.6% of Colorado Capital Management Inc.’s portfolio, making the stock its 5th largest position. Colorado Capital Management Inc.’s holdings in Facebook were worth $5,814,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FB. Arcadia Investment Management Corp MI raised its holdings in shares of Facebook by 20.0% in the first quarter. Arcadia Investment Management Corp MI now owns 721 shares of the social networking company’s stock valued at $102,000 after buying an additional 120 shares during the last quarter. D. Scott Neal Inc. raised its holdings in shares of Facebook by 1,358.0% in the second quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock valued at $110,000 after buying an additional 679 shares during the last quarter. Farmers & Merchants Investments Inc. raised its holdings in shares of Facebook by 4.4% in the second quarter. Farmers & Merchants Investments Inc. now owns 809 shares of the social networking company’s stock valued at $122,000 after buying an additional 34 shares during the last quarter. Pacific Center for Financial Services raised its holdings in shares of Facebook by 10.7% in the first quarter. Pacific Center for Financial Services now owns 910 shares of the social networking company’s stock valued at $129,000 after buying an additional 88 shares during the last quarter. Finally, Watermark Asset Management Inc. purchased a new stake in shares of Facebook in the first quarter valued at about $141,000. 57.27% of the stock is owned by hedge funds and other institutional investors.

In other Facebook news, CEO Mark Zuckerberg sold 248,984 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $170.69, for a total transaction of $42,499,078.96. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Colin Stretch sold 750 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $171.88, for a total transaction of $128,910.00. Following the sale, the vice president now owns 82,406 shares in the company, valued at $14,163,943.28. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,290,683 shares of company stock worth $1,438,581,045. 19.08% of the stock is currently owned by insiders.

Shares of Facebook, Inc. (NASDAQ:FB) opened at $178.92 on Monday. The firm has a market cap of $519,618.75, a PE ratio of 34.47, a P/E/G ratio of 1.20 and a beta of 0.67. Facebook, Inc. has a 52-week low of $113.55 and a 52-week high of $182.90.

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, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.31. The firm had revenue of $10.33 billion for 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%. Facebook’s quarterly revenue was up 47.3% compared to the same quarter last year. During the same period last year, the firm posted $1.09 EPS. sell-side analysts expect that Facebook, Inc. will post 5.75 EPS for the current year.

FB has been the subject of a number of research reports. Credit Suisse Group reaffirmed a “buy” rating on shares of Facebook in a report on Wednesday, October 11th. Goldman Sachs Group, Inc. (The) set a $205.00 target price on shares of Facebook and gave the company a “buy” rating in a report on Friday, October 20th. Robert W. Baird reaffirmed a “buy” rating and issued a $185.00 target price on shares of Facebook in a report on Friday, September 1st. Wedbush set a $225.00 target price on shares of Facebook and gave the company a “buy” rating in a report on Monday, October 30th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating on shares of Facebook in a report on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, two have given a hold rating, forty-four have issued a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $196.91.

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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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