Facebook, Inc. (NASDAQ:FB) CEO Sells $21,129,640.00 in Stock


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Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 68,000 shares of the firm’s stock in a transaction on Wednesday, April 7th. The stock was sold at an average price of $310.73, for a total transaction of $21,129,640.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Monday, April 5th, Mark Zuckerberg sold 8,000 shares of Facebook stock. The shares were sold at an average price of $307.20, for a total value of $2,457,600.00.
  • On Wednesday, March 31st, Mark Zuckerberg sold 56,250 shares of Facebook stock. The stock was sold at an average price of $294.06, for a total value of $16,540,875.00.
  • On Friday, March 26th, Mark Zuckerberg sold 56,250 shares of Facebook stock. The shares were sold at an average price of $281.21, for a total value of $15,818,062.50.
  • On Wednesday, March 24th, Mark Zuckerberg sold 56,250 shares of Facebook stock. The stock was sold at an average price of $287.14, for a total value of $16,151,625.00.
  • On Monday, March 22nd, Mark Zuckerberg sold 50,000 shares of Facebook stock. The shares were sold at an average price of $294.79, for a total transaction of $14,739,500.00.
  • On Friday, March 19th, Mark Zuckerberg sold 56,250 shares of Facebook stock. The stock was sold at an average price of $288.21, for a total transaction of $16,211,812.50.
  • On Monday, March 15th, Mark Zuckerberg sold 45,758 shares of Facebook stock. The shares were sold at an average price of $272.72, for a total transaction of $12,479,121.76.
  • On Wednesday, March 17th, Mark Zuckerberg sold 6,250 shares of Facebook stock. The stock was sold at an average price of $280.57, for a total transaction of $1,753,562.50.
  • On Friday, March 12th, Mark Zuckerberg sold 44,750 shares of Facebook stock. The stock was sold at an average price of $266.69, for a total value of $11,934,377.50.
  • On Monday, March 8th, Mark Zuckerberg sold 4,750 shares of Facebook stock. The shares were sold at an average price of $260.99, for a total value of $1,239,702.50.

Shares of FB stock opened at $313.09 on Thursday. Facebook, Inc. has a 52-week low of $167.74 and a 52-week high of $314.25. The stock has a market cap of $891.58 billion, a price-to-earnings ratio of 35.66, a PEG ratio of 1.29 and a beta of 1.18. The firm’s 50-day moving average is $275.55 and its 200-day moving average is $271.28.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, January 27th. The social networking company reported $3.88 EPS for the quarter, topping the consensus estimate of $3.24 by $0.64. Facebook had a net margin of 32.00% and a return on equity of 23.27%. The business had revenue of $28.10 million during the quarter, compared to the consensus estimate of $26.43 billion. During the same quarter in the previous year, the firm posted $2.56 EPS. Facebook’s revenue was up 33.2% compared to the same quarter last year. As a group, research analysts anticipate that Facebook, Inc. will post 9.39 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its holdings in shares of Facebook by 0.6% during the fourth quarter. BlackRock Inc. now owns 159,655,331 shares of the social networking company’s stock worth $43,611,449,000 after purchasing an additional 910,971 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Facebook by 0.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 101,745,652 shares of the social networking company’s stock valued at $27,762,764,000 after acquiring an additional 919,615 shares during the last quarter. Morgan Stanley lifted its position in shares of Facebook by 44.5% during the 4th quarter. Morgan Stanley now owns 30,382,192 shares of the social networking company’s stock worth $8,299,199,000 after buying an additional 9,362,408 shares during the last quarter. Norges Bank acquired a new position in Facebook during the fourth quarter worth about $8,021,574,000. Finally, Alliancebernstein L.P. grew its stake in shares of Facebook by 1.9% during the fourth quarter. Alliancebernstein L.P. now owns 19,999,781 shares of the social networking company’s stock worth $5,463,140,000 after buying an additional 367,313 shares during the last quarter. Institutional investors and hedge funds own 64.95% of the company’s stock.

Several analysts have recently commented on the company. Bank of America restated a “buy” rating and set a $345.00 target price on shares of Facebook in a report on Friday, January 15th. Moffett Nathanson raised their price objective on shares of Facebook from $285.00 to $325.00 in a research report on Friday, January 15th. JMP Securities upped their target price on shares of Facebook from $325.00 to $355.00 and gave the stock an “outperform” rating in a research report on Thursday, January 28th. Barclays boosted their price objective on shares of Facebook from $325.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, January 28th. Finally, Raymond James increased their price objective on Facebook from $320.00 to $360.00 and gave the company a “strong-buy” rating in a research report on Thursday, January 28th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $327.15.

Facebook Company Profile

Facebook, Inc develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices 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 private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used 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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