Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 249,527 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $170.32, for a total transaction of $42,499,438.64. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Wednesday, September 20th, Mark Zuckerberg sold 247,452 shares of Facebook stock. The stock was sold at an average price of $171.75, for a total transaction of $42,499,881.00.
  • On Friday, September 8th, Mark Zuckerberg sold 247,147 shares of Facebook stock. The shares were sold at an average price of $171.96, for a total value of $42,499,398.12.
  • On Monday, August 28th, Mark Zuckerberg sold 254,525 shares of Facebook stock. The shares were sold at an average price of $166.97, for a total value of $42,498,039.25.
  • On Monday, August 14th, Mark Zuckerberg sold 124,625 shares of Facebook stock. The shares were sold at an average price of $170.51, for a total transaction of $21,249,808.75.
  • On Tuesday, August 15th, Mark Zuckerberg sold 248,984 shares of Facebook stock. The stock was sold at an average price of $170.69, for a total transaction of $42,499,078.96.
  • On Wednesday, July 12th, Mark Zuckerberg sold 134,599 shares of Facebook stock. The stock was sold at an average price of $157.87, for a total value of $21,249,144.13.
  • On Thursday, July 13th, Mark Zuckerberg sold 268,100 shares of Facebook stock. The stock was sold at an average price of $158.52, for a total value of $42,499,212.00.

Facebook, Inc. (FB) traded up 0.29% during midday trading on Tuesday, hitting $169.96. 8,190,273 shares of the stock traded hands. The company has a market cap of $493.60 billion, a P/E ratio of 38.04 and a beta of 0.70. Facebook, Inc. has a one year low of $113.55 and a one year high of $175.49. The company’s 50 day moving average is $169.83 and its 200-day moving average is $156.72.

Facebook (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, July 26th. The social networking company reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.19. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same quarter in the prior year, the company posted $0.97 earnings per share. Facebook’s quarterly revenue was up 44.8% on a year-over-year basis. On average, equities research analysts forecast that Facebook, Inc. will post $5.36 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece was published by Watch List News and is the property of of Watch List News. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/insider-selling-facebook-inc-fb-ceo-sells-249527-shares-of-stock/1606213.html.

FB has been the subject of a number of research analyst reports. Oppenheimer Holdings Inc. lifted their target price on shares of Facebook from $170.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. JMP Securities reaffirmed an “outperform” rating and set a $195.00 price target (up previously from $170.00) on shares of Facebook in a research note on Thursday, July 27th. Vetr raised shares of Facebook from a “hold” rating to a “buy” rating and set a $174.15 target price on the stock in a research note on Monday, August 28th. BidaskClub raised shares of Facebook from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 13th. Finally, Robert W. Baird restated a “buy” rating and issued a $185.00 price target on shares of Facebook in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, forty-two have issued a buy rating and three have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $185.06.

A number of institutional investors and hedge funds have recently made changes to their positions in FB. First Financial Corp IN boosted its holdings in shares of Facebook by 0.5% in the 1st quarter. First Financial Corp IN now owns 2,436 shares of the social networking company’s stock valued at $346,000 after purchasing an additional 11 shares during the last quarter. Palisade Capital Management LLC NJ boosted its stake in Facebook by 26.1% during the 1st quarter. Palisade Capital Management LLC NJ now owns 25,255 shares of the social networking company’s stock valued at $3,587,000 after acquiring an additional 5,225 shares during the last quarter. DnB Asset Management AS boosted its stake in Facebook by 47.0% during the 1st quarter. DnB Asset Management AS now owns 1,433,217 shares of the social networking company’s stock valued at $203,588,000 after acquiring an additional 458,000 shares during the last quarter. Coastline Trust Co boosted its stake in Facebook by 10.2% during the 1st quarter. Coastline Trust Co now owns 12,090 shares of the social networking company’s stock valued at $1,717,000 after acquiring an additional 1,120 shares during the last quarter. Finally, Capital Impact Advisors LLC boosted its stake in Facebook by 39.8% during the 1st quarter. Capital Impact Advisors LLC now owns 34,029 shares of the social networking company’s stock valued at $4,834,000 after acquiring an additional 9,685 shares during the last quarter. Institutional investors own 57.26% of the company’s stock.

About Facebook

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)

Receive News & Ratings for Facebook Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.