Facebook, Inc. (NASDAQ:FB) VP David B. Fischer sold 50,533 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $169.95, for a total transaction of $8,588,083.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Facebook, Inc. (FB) traded up 1.59% on Monday, reaching $170.75. 12,954,231 shares of the company’s stock were exchanged. The stock has a market cap of $495.89 billion, a price-to-earnings ratio of 38.22 and a beta of 0.70. The company’s 50 day moving average is $161.95 and its 200-day moving average is $147.96. Facebook, Inc. has a one year low of $113.55 and a one year high of $175.49.

Facebook (NASDAQ:FB) last issued its quarterly earnings results on Wednesday, July 26th. The social networking company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.19. The company had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.19 billion. Facebook had a return on equity of 21.73% and a net margin of 38.84%. Facebook’s revenue was up 44.8% on a year-over-year basis. During the same period last year, the company earned $0.97 earnings per share. On average, analysts anticipate that Facebook, Inc. will post $5.33 EPS for the current year.

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A number of hedge funds have recently added to or reduced their stakes in the company. Forbes J M & Co. LLP raised its stake in Facebook by 0.5% in the fourth quarter. Forbes J M & Co. LLP now owns 46,306 shares of the social networking company’s stock worth $5,327,000 after buying an additional 229 shares during the last quarter. Wall Street Access Asset Management LLC raised its stake in Facebook by 8.0% in the fourth quarter. Wall Street Access Asset Management LLC now owns 2,641 shares of the social networking company’s stock worth $303,000 after buying an additional 195 shares during the last quarter. Archford Capital Strategies LLC raised its stake in Facebook by 29.5% in the fourth quarter. Archford Capital Strategies LLC now owns 2,418 shares of the social networking company’s stock worth $277,000 after buying an additional 551 shares during the last quarter. Independent Advisor Alliance acquired a new stake in Facebook during the fourth quarter worth $6,418,000. Finally, Lebenthal Asset Management LLC raised its stake in Facebook by 2.7% in the fourth quarter. Lebenthal Asset Management LLC now owns 14,391 shares of the social networking company’s stock worth $1,655,000 after buying an additional 373 shares during the last quarter. Institutional investors and hedge funds own 57.40% of the company’s stock.

FB has been the topic of a number of analyst reports. Aegis upped their price objective on shares of Facebook from $155.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, April 17th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Facebook in a research note on Monday, April 17th. Credit Suisse Group upped their price objective on shares of Facebook from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Monday, April 17th. BMO Capital Markets reaffirmed a “hold” rating and issued a $150.00 price objective on shares of Facebook in a research note on Monday, April 17th. Finally, Piper Jaffray Companies increased their target price on shares of Facebook from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 18th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, forty-two have assigned a buy rating and three have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $182.00.

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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