Middleton & Co Inc MA raised its holdings in Facebook Inc (NASDAQ:FB) by 11.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 88,557 shares of the social networking company’s stock after acquiring an additional 8,754 shares during the period. Facebook comprises about 2.7% of Middleton & Co Inc MA’s investment portfolio, making the stock its 4th largest holding. Middleton & Co Inc MA’s holdings in Facebook were worth $15,132,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FB. Kovitz Investment Group Partners LLC acquired a new position in shares of Facebook during the first quarter worth about $577,000. Driehaus Capital Management LLC raised its holdings in Facebook by 12.4% during the first quarter. Driehaus Capital Management LLC now owns 2,477 shares of the social networking company’s stock worth $352,000 after acquiring an additional 273 shares in the last quarter. Oak Associates Ltd. OH raised its holdings in Facebook by 18.6% during the first quarter. Oak Associates Ltd. OH now owns 219,915 shares of the social networking company’s stock worth $31,239,000 after acquiring an additional 34,535 shares in the last quarter. First City Capital Management Inc. bought a new stake in Facebook during the first quarter worth about $238,000. Finally, Toth Financial Advisory Corp raised its holdings in Facebook by 3.0% during the second quarter. Toth Financial Advisory Corp now owns 5,902 shares of the social networking company’s stock worth $891,000 after acquiring an additional 172 shares in the last quarter. 57.73% of the stock is owned by institutional investors.

Several analysts recently issued reports on FB shares. Credit Suisse Group reiterated a “buy” rating on shares of Facebook in a report on Wednesday, October 11th. Vetr lowered Facebook from a “strong-buy” rating to a “buy” rating and set a $198.52 target price on the stock. in a report on Thursday, December 7th. UBS Group set a $208.00 target price on Facebook and gave the stock a “buy” rating in a report on Thursday, November 2nd. Wedbush set a $225.00 target price on Facebook and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Deutsche Bank reiterated a “buy” rating on shares of Facebook in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, one has given a hold rating, forty-four have assigned a buy rating and two have issued a strong buy rating to the stock. Facebook has a consensus rating of “Buy” and a consensus price target of $202.56.

In related news, VP David B. Fischer sold 4,699 shares of the stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $171.53, for a total transaction of $806,019.47. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jan Koum sold 2,600,000 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $180.09, for a total value of $468,234,000.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,390,419 shares of company stock worth $788,084,203. 17.23% of the stock is owned by corporate insiders.

Facebook Inc (FB) opened at $187.87 on Wednesday. The firm has a market capitalization of $545,910.00, a P/E ratio of 34.92, a PEG ratio of 1.06 and a beta of 0.68. Facebook Inc has a 52 week low of $124.06 and a 52 week high of $188.90.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.28 by $0.31. The company had revenue of $10.33 billion for 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 quarterly revenue was up 47.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.09 earnings per share. equities analysts expect that Facebook Inc will post 5.86 earnings per share for the current fiscal year.

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Facebook Company Profile

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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