Facebook, Inc. (NASDAQ:FB) insider Michael Todd Schroepfer sold 37,914 shares of the company’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $154.43, for a total transaction of $5,855,059.02. Following the transaction, the insider now owns 856,491 shares of the company’s stock, valued at approximately $132,267,905.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Michael Todd Schroepfer also recently made the following trade(s):

  • On Tuesday, May 9th, Michael Todd Schroepfer sold 37,919 shares of Facebook stock. The shares were sold at an average price of $151.21, for a total transaction of $5,733,731.99.

Shares of Facebook, Inc. (NASDAQ FB) opened at 159.97 on Monday. The company has a market cap of $463.62 billion, a PE ratio of 40.67 and a beta of 0.67. The firm has a 50-day moving average price of $151.14 and a 200 day moving average price of $138.83. Facebook, Inc. has a 1-year low of $113.55 and a 1-year high of $160.32.

Facebook (NASDAQ:FB) last announced its quarterly earnings results on Wednesday, May 3rd. The social networking company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.16. The business had revenue of $8.03 billion for the quarter, compared to analyst estimates of $7.83 billion. Facebook had a return on equity of 20.27% and a net margin of 36.45%. The company’s quarterly revenue was up 49.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.77 earnings per share. On average, equities analysts anticipate that Facebook, Inc. will post $4.87 earnings per share for the current year.

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A number of equities analysts recently issued reports on the stock. BMO Capital Markets reiterated a “hold” rating and issued a $150.00 target price on shares of Facebook in a research report on Sunday. BidaskClub upgraded shares of Facebook from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Bank of America Corporation reiterated a “buy” rating and issued a $170.00 target price on shares of Facebook in a research report on Thursday. Vetr lowered shares of Facebook from a “buy” rating to a “hold” rating and set a $161.83 target price for the company. in a research report on Wednesday, July 12th. Finally, Barclays PLC reiterated an “overweight” rating and issued a $168.00 target price (up previously from $160.00) on shares of Facebook in a research report on Wednesday, July 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, forty-one have issued a buy rating and four have given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $165.93.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. First Financial Corp IN raised its position in shares of Facebook by 0.5% in the first quarter. First Financial Corp IN now owns 2,436 shares of the social networking company’s stock valued at $346,000 after buying an additional 11 shares during the last quarter. Enterprise Financial Services Corp raised its position in shares of Facebook by 1.0% in the first quarter. Enterprise Financial Services Corp now owns 2,124 shares of the social networking company’s stock valued at $302,000 after buying an additional 21 shares during the last quarter. Barrington Strategic Wealth Management Group LLC raised its position in shares of Facebook by 1.3% in the fourth quarter. Barrington Strategic Wealth Management Group LLC now owns 2,015 shares of the social networking company’s stock valued at $232,000 after buying an additional 25 shares during the last quarter. Cordasco Financial Network raised its position in shares of Facebook by 1.5% in the first quarter. Cordasco Financial Network now owns 2,029 shares of the social networking company’s stock valued at $288,000 after buying an additional 29 shares during the last quarter. Finally, Keel Point LLC raised its position in shares of Facebook by 1.5% in the first quarter. Keel Point LLC now owns 2,289 shares of the social networking company’s stock valued at $325,000 after buying an additional 34 shares during the last quarter. Institutional investors and hedge funds own 57.63% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

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