Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $186.10, for a total value of $23,374,160.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Wednesday, August 14th, Mark Zuckerberg sold 7,500 shares of Facebook stock. The shares were sold at an average price of $181.95, for a total value of $1,364,625.00.
  • On Friday, August 9th, Mark Zuckerberg sold 133,100 shares of Facebook stock. The shares were sold at an average price of $188.66, for a total value of $25,110,646.00.
  • On Monday, August 5th, Mark Zuckerberg sold 112,190 shares of Facebook stock. The stock was sold at an average price of $182.37, for a total transaction of $20,460,090.30.
  • On Wednesday, August 7th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $184.50, for a total transaction of $23,173,200.00.

Shares of NASDAQ FB traded down $7.76 on Wednesday, reaching $180.69. 13,419,297 shares of the company’s stock traded hands, compared to its average volume of 18,101,248. Facebook, Inc. has a 12 month low of $123.02 and a 12 month high of $208.66. The company has a 50 day moving average of $195.17. The stock has a market cap of $535.93 billion, a P/E ratio of 23.87, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. The company has a current ratio of 4.47, a quick ratio of 4.47 and a debt-to-equity ratio of 0.08.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, July 24th. The social networking company reported $1.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.09. Facebook had a net margin of 27.26% and a return on equity of 20.09%. The business had revenue of $16.89 billion during the quarter, compared to the consensus estimate of $16.49 billion. During the same quarter last year, the firm earned $1.74 earnings per share. The business’s revenue for the quarter was up 27.6% on a year-over-year basis. Analysts expect that Facebook, Inc. will post 7.96 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in FB. Viridian Ria LLC increased its position in shares of Facebook by 1.2% during the fourth quarter. Viridian Ria LLC now owns 10,136 shares of the social networking company’s stock valued at $1,328,000 after purchasing an additional 125 shares during the period. Shine Investment Advisory Services Inc. grew its position in Facebook by 5.8% in the fourth quarter. Shine Investment Advisory Services Inc. now owns 2,144 shares of the social networking company’s stock valued at $281,000 after acquiring an additional 118 shares during the period. Pioneer Trust Bank N A OR grew its position in Facebook by 7.1% in the fourth quarter. Pioneer Trust Bank N A OR now owns 15,330 shares of the social networking company’s stock valued at $2,010,000 after acquiring an additional 1,010 shares during the period. Suffolk Capital Management LLC bought a new stake in Facebook in the fourth quarter valued at $3,046,000. Finally, Suncoast Equity Management grew its position in Facebook by 0.4% in the fourth quarter. Suncoast Equity Management now owns 141,960 shares of the social networking company’s stock valued at $18,610,000 after acquiring an additional 572 shares during the period. 62.11% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently weighed in on the stock. MKM Partners reiterated a “buy” rating and set a $245.00 target price (up from $190.00) on shares of Facebook in a report on Friday, August 2nd. Argus increased their target price on shares of Facebook from $206.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Robert W. Baird increased their target price on shares of Facebook from $215.00 to $230.00 and gave the stock an “outperform” rating in a report on Thursday, July 25th. Bank of America set a $224.00 target price on shares of Facebook and gave the stock a “buy” rating in a report on Friday, July 19th. Finally, Mizuho increased their target price on shares of Facebook from $230.00 to $247.00 and gave the stock a “buy” rating in a report on Thursday, July 25th. One analyst has rated the stock with a sell rating, five have given a hold rating and forty-two have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $220.92.

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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