Facebook, Inc. (NASDAQ:FB) Director Jan Koum sold 10,695 shares of Facebook stock in a transaction on Monday, May 14th. The shares were sold at an average price of $187.01, for a total transaction of $2,000,071.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Jan Koum also recently made the following trade(s):

  • On Wednesday, May 16th, Jan Koum sold 1,263,806 shares of Facebook stock. The stock was sold at an average price of $183.45, for a total transaction of $231,845,210.70.
  • On Tuesday, February 20th, Jan Koum sold 1,253,906 shares of Facebook stock. The stock was sold at an average price of $176.51, for a total transaction of $221,326,948.06.

NASDAQ:FB opened at $183.76 on Friday. Facebook, Inc. has a one year low of $182.76 and a one year high of $184.60. The stock has a market capitalization of $532.20 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 0.98 and a beta of 0.78.

Facebook (NASDAQ:FB) last posted its quarterly earnings results on Wednesday, April 25th. The social networking company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.25 by $0.44. The business had revenue of $11.97 billion during the quarter, compared to analyst estimates of $11.41 billion. Facebook had a net margin of 40.03% and a return on equity of 27.74%. The company’s quarterly revenue was up 49.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.04 EPS. sell-side analysts expect that Facebook, Inc. will post 7.64 earnings per share for the current year.

A number of equities analysts have commented on the stock. BidaskClub raised shares of Facebook from a “sell” rating to a “hold” rating in a research note on Thursday, April 12th. ValuEngine cut shares of Facebook from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. Raymond James lifted their price objective on shares of Facebook from $230.00 to $240.00 and gave the stock a “strong-buy” rating in a research note on Thursday, April 26th. Barclays lifted their price target on shares of Facebook from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Finally, JPMorgan Chase set a $242.00 price target on shares of Facebook and gave the stock a “buy” rating in a research note on Thursday, April 26th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, forty have assigned a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $217.37.

Several hedge funds and other institutional investors have recently bought and sold shares of FB. Sterling Global Strategies LLC acquired a new position in Facebook during the 3rd quarter valued at approximately $449,000. Becker Capital Management Inc. boosted its holdings in shares of Facebook by 94.3% in the 3rd quarter. Becker Capital Management Inc. now owns 4,934 shares of the social networking company’s stock valued at $843,000 after acquiring an additional 2,395 shares during the last quarter. Smith Moore & CO. boosted its holdings in shares of Facebook by 12.7% in the 3rd quarter. Smith Moore & CO. now owns 7,584 shares of the social networking company’s stock valued at $1,296,000 after acquiring an additional 857 shares during the last quarter. Progressive Investment Management Corp boosted its holdings in shares of Facebook by 41.1% in the 3rd quarter. Progressive Investment Management Corp now owns 35,733 shares of the social networking company’s stock valued at $6,106,000 after acquiring an additional 10,417 shares during the last quarter. Finally, Prudential Financial Inc. boosted its holdings in shares of Facebook by 5.6% in the 3rd quarter. Prudential Financial Inc. now owns 6,040,566 shares of the social networking company’s stock valued at $1,032,152,000 after acquiring an additional 319,228 shares during the last quarter. Hedge funds and other institutional investors own 58.67% of the company’s stock.

About Facebook

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

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

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