Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the company’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $188.70, for a total transaction of $23,700,720.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Monday, October 14th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $183.62, for a total transaction of $21,758,970.00.
  • On Friday, October 11th, Mark Zuckerberg sold 124,682 shares of Facebook stock. The shares were sold at an average price of $184.93, for a total transaction of $23,057,442.26.
  • On Monday, October 7th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $180.03, for a total transaction of $21,333,555.00.
  • On Wednesday, October 9th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $179.45, for a total transaction of $21,264,825.00.
  • On Friday, October 4th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $179.87, for a total transaction of $21,314,595.00.
  • On Monday, September 30th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $177.75, for a total transaction of $21,063,375.00.
  • On Wednesday, October 2nd, Mark Zuckerberg sold 76,484 shares of Facebook stock. The shares were sold at an average price of $175.34, for a total transaction of $13,410,704.56.
  • On Friday, September 27th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $178.00, for a total transaction of $21,093,000.00.
  • On Monday, September 23rd, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $187.02, for a total transaction of $23,489,712.00.
  • On Wednesday, September 25th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $180.93, for a total transaction of $21,440,205.00.

Shares of Facebook stock traded up $0.66 during trading hours on Wednesday, hitting $189.55. The company’s stock had a trading volume of 10,548,176 shares, compared to its average volume of 16,860,000. Facebook, Inc. has a 1-year low of $123.02 and a 1-year high of $208.66. The business has a fifty day moving average of $184.01 and a 200 day moving average of $185.68. The company has a market capitalization of $540.78 billion, a PE ratio of 25.04, a P/E/G ratio of 1.07 and a beta of 1.02. The company has a quick ratio of 4.47, a current ratio of 4.47 and a debt-to-equity ratio of 0.08.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, July 24th. The social networking company reported $1.99 earnings per share (EPS) for the quarter, topping the 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 company had revenue of $16.89 billion during the quarter, compared to analyst estimates of $16.49 billion. During the same quarter in the prior year, the business earned $1.74 earnings per share. The business’s quarterly revenue was up 27.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Facebook, Inc. will post 7.99 earnings per share for the current fiscal year.

Several brokerages recently issued reports on FB. ValuEngine downgraded shares of Facebook from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Canaccord Genuity upped their price objective on shares of Facebook from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, July 25th. Mizuho upped their price objective on shares of Facebook from $230.00 to $247.00 and gave the company a “buy” rating in a research note on Thursday, July 25th. Robert W. Baird upped their price objective on shares of Facebook from $215.00 to $230.00 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Finally, Bank of America set a $224.00 price objective on shares of Facebook and gave the company a “buy” rating in a research note on Friday, July 19th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and forty-one have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $222.32.

Institutional investors have recently added to or reduced their stakes in the company. Cantor Fitzgerald Investment Adviser L.P. acquired a new stake in Facebook during the 2nd quarter valued at $205,000. Green Square Asset Management LLC grew its holdings in Facebook by 288.0% during the 2nd quarter. Green Square Asset Management LLC now owns 14,187 shares of the social networking company’s stock valued at $2,738,000 after purchasing an additional 10,531 shares in the last quarter. Fiduciary Financial Services of The Southwest Inc. TX grew its holdings in Facebook by 1.7% during the 2nd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 12,236 shares of the social networking company’s stock valued at $2,362,000 after purchasing an additional 206 shares in the last quarter. Eastern Bank grew its holdings in Facebook by 16.4% during the 2nd quarter. Eastern Bank now owns 99,117 shares of the social networking company’s stock valued at $19,130,000 after purchasing an additional 13,934 shares in the last quarter. Finally, Fayez Sarofim & Co grew its holdings in Facebook by 1.0% during the 2nd quarter. Fayez Sarofim & Co now owns 3,190,182 shares of the social networking company’s stock valued at $615,707,000 after purchasing an additional 32,734 shares in the last quarter. 63.22% of the stock is owned by institutional investors.

Facebook Company Profile

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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