Investors bought shares of Facebook, Inc. Common Stock (NASDAQ:FB) on weakness during trading hours on Wednesday. $706.22 million flowed into the stock on the tick-up and $533.06 million flowed out of the stock on the tick-down, for a money net flow of $173.16 million into the stock. Of all companies tracked, Facebook, Inc. Common Stock had the 2nd highest net in-flow for the day. Facebook, Inc. Common Stock traded down ($1.00) for the day and closed at $202.54

FB has been the topic of a number of recent research reports. Zacks Investment Research cut shares of Facebook, Inc. Common Stock from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Nomura initiated coverage on shares of Facebook, Inc. Common Stock in a report on Tuesday. They issued a “buy” rating and a $228.00 target price on the stock. Morgan Stanley lifted their target price on shares of Facebook, Inc. Common Stock from $210.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $242.00 target price on shares of Facebook, Inc. Common Stock in a report on Monday. Finally, ValuEngine raised shares of Facebook, Inc. Common Stock from a “hold” rating to a “buy” rating in a report on Friday, July 6th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, forty-two have issued a buy rating and two have given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $218.75.

The stock has a market capitalization of $594.77 billion, a P/E ratio of 32.91, a price-to-earnings-growth ratio of 1.09 and a beta of 0.85.

Facebook, Inc. Common Stock (NASDAQ:FB) last issued its earnings results on Wednesday, April 25th. The social networking company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.25 by $0.44. The company had revenue of $11.97 billion for the quarter, compared to analyst estimates of $11.41 billion. Facebook, Inc. Common Stock had a net margin of 40.03% and a return on equity of 27.74%. The business’s revenue was up 49.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 EPS. research analysts forecast that Facebook, Inc. Common Stock will post 7.69 earnings per share for the current fiscal year.

In related news, CEO Mark Zuckerberg sold 290,000 shares of the business’s stock in a transaction dated Friday, April 13th. The shares were sold at an average price of $164.62, for a total value of $47,739,800.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Sheryl Sandberg sold 55,000 shares of the business’s stock in a transaction dated Wednesday, April 18th. The stock was sold at an average price of $166.84, for a total transaction of $9,176,200.00. The disclosure for this sale can be found here. Insiders have sold a total of 15,305,634 shares of company stock worth $2,840,845,792 over the last 90 days. Insiders own 16.25% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in FB. Summit Trail Advisors LLC boosted its position in shares of Facebook, Inc. Common Stock by 4,170.3% in the 1st quarter. Summit Trail Advisors LLC now owns 9,070,939 shares of the social networking company’s stock worth $9,071,000 after buying an additional 8,858,520 shares in the last quarter. BlackRock Inc. boosted its position in shares of Facebook, Inc. Common Stock by 3.6% in the 4th quarter. BlackRock Inc. now owns 146,170,789 shares of the social networking company’s stock worth $25,793,297,000 after buying an additional 5,107,163 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Facebook, Inc. Common Stock by 1,559.1% in the 1st quarter. SG Americas Securities LLC now owns 2,990,310 shares of the social networking company’s stock worth $477,822,000 after buying an additional 2,810,076 shares in the last quarter. Suvretta Capital Management LLC purchased a new stake in shares of Facebook, Inc. Common Stock in the 1st quarter worth about $430,727,000. Finally, Veritas Asset Management LLP purchased a new stake in shares of Facebook, Inc. Common Stock in the 1st quarter worth about $368,396,000. Institutional investors and hedge funds own 59.19% of the company’s stock.

About Facebook, Inc. Common Stock

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.

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