Facebook, Inc. (NASDAQ:FB) CFO David M. Wehner sold 10,748 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $184.50, for a total transaction of $1,983,006.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

David M. Wehner also recently made the following trade(s):

  • On Thursday, April 25th, David M. Wehner sold 25,000 shares of Facebook stock. The stock was sold at an average price of $190.87, for a total transaction of $4,771,750.00.

Shares of FB traded up $0.19 during mid-day trading on Friday, hitting $181.06. 7,140,943 shares of the company traded hands, compared to its average volume of 18,355,305. Facebook, Inc. has a one year low of $123.02 and a one year high of $218.62. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.38 and a quick ratio of 5.38. The stock has a market capitalization of $525.98 billion, a P/E ratio of 23.92, a price-to-earnings-growth ratio of 1.14 and a beta of 0.93.

Facebook (NASDAQ:FB) last released its quarterly earnings results on Wednesday, April 24th. The social networking company reported $0.85 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.65 by ($0.80). Facebook had a net margin of 33.17% and a return on equity of 23.67%. The company had revenue of $15.08 billion for the quarter, compared to the consensus estimate of $14.97 billion. During the same period last year, the company earned $1.69 earnings per share. Facebook’s revenue for the quarter was up 26.0% compared to the same quarter last year. As a group, analysts anticipate that Facebook, Inc. will post 8.05 EPS for the current year.

Several research firms have recently weighed in on FB. Nomura raised their price objective on shares of Facebook from $215.00 to $226.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. Raymond James raised their price objective on shares of Facebook from $200.00 to $225.00 and gave the stock an “outperform” rating in a report on Thursday, April 25th. DZ Bank raised shares of Facebook from a “hold” rating to a “buy” rating in a report on Tuesday, April 30th. Monness Crespi & Hardt reaffirmed a “buy” rating and set a $250.00 price objective (up previously from $225.00) on shares of Facebook in a report on Thursday, April 25th. Finally, ValuEngine raised shares of Facebook from a “hold” rating to a “buy” rating in a report on Thursday, April 25th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and forty-one have assigned a buy rating to the company. Facebook has an average rating of “Buy” and an average target price of $206.58.

A number of hedge funds have recently made changes to their positions in FB. Contravisory Investment Management Inc. boosted its position in shares of Facebook by 153.2% during the fourth quarter. Contravisory Investment Management Inc. now owns 200 shares of the social networking company’s stock worth $26,000 after purchasing an additional 121 shares in the last quarter. Whitnell & Co. bought a new position in shares of Facebook during the fourth quarter worth $26,000. C J Advisory Inc bought a new position in shares of Facebook during the first quarter worth $28,000. Jackson Grant Investment Advisers Inc. bought a new position in shares of Facebook during the fourth quarter worth $31,000. Finally, Signet Investment Advisory Group Inc. bought a new position in shares of Facebook during the fourth quarter worth $39,000. 59.61% of the stock is currently owned by hedge funds and other institutional investors.

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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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