Winfield Associates Inc. raised its position in Facebook, Inc. (NASDAQ:FB) by 9.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 7,530 shares of the social networking company’s stock after acquiring an additional 645 shares during the period. Winfield Associates Inc.’s holdings in Facebook were worth $1,972,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the business. Public Employees Retirement Association of Colorado raised its holdings in shares of Facebook by 6.0% in the first quarter. Public Employees Retirement Association of Colorado now owns 1,662,849 shares of the social networking company’s stock valued at $277,363,000 after purchasing an additional 94,034 shares during the last quarter. Tredje AP fonden grew its position in Facebook by 134.2% in the first quarter. Tredje AP fonden now owns 357,778 shares of the social networking company’s stock valued at $59,677,000 after purchasing an additional 205,022 shares in the last quarter. State Street Corp increased its stake in Facebook by 1.2% in the 1st quarter. State Street Corp now owns 95,449,004 shares of the social networking company’s stock valued at $15,920,894,000 after buying an additional 1,132,053 shares during the last quarter. Cohen & Steers Inc. bought a new stake in Facebook during the 1st quarter worth about $274,000. Finally, Maverick Capital Ltd. boosted its stake in shares of Facebook by 2,875.6% during the 1st quarter. Maverick Capital Ltd. now owns 611,717 shares of the social networking company’s stock worth $102,034,000 after buying an additional 591,159 shares during the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:FB opened at $265.93 on Friday. The business’s 50 day simple moving average is $268.73 and its 200 day simple moving average is $234.17. Facebook, Inc. has a 1 year low of $137.10 and a 1 year high of $304.67. The company has a market capitalization of $757.59 billion, a P/E ratio of 32.47, a P/E/G ratio of 1.80 and a beta of 1.29.

Facebook (NASDAQ:FB) last released its earnings results on Thursday, July 30th. The social networking company reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.36. Facebook had a return on equity of 22.90% and a net margin of 31.29%. The firm had revenue of $18.69 billion during the quarter, compared to the consensus estimate of $17.29 billion. Sell-side analysts predict that Facebook, Inc. will post 8.11 EPS for the current fiscal year.

In related news, CRO David B. Fischer sold 13,110 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $293.95, for a total transaction of $3,853,684.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Susan J.S. Taylor sold 1,133 shares of Facebook stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $261.39, for a total transaction of $296,154.87. Following the completion of the transaction, the chief accounting officer now directly owns 4,182 shares in the company, valued at $1,093,132.98. The disclosure for this sale can be found here. Insiders have sold 34,023 shares of company stock valued at $9,420,337 in the last ninety days. 14.14% of the stock is currently owned by company insiders.

FB has been the topic of several analyst reports. Argus upped their target price on Facebook from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Cfra cut Facebook from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. 140166 increased their price objective on Facebook from $285.00 to $310.00 and gave the company a “positive” rating in a report on Friday, July 31st. SunTrust Banks restated a “buy” rating and set a $285.00 target price (up from $245.00) on shares of Facebook in a report on Friday, July 31st. Finally, BidaskClub lowered shares of Facebook from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company. Facebook has an average rating of “Buy” and an average price target of $283.11.

About Facebook

Facebook, Inc develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices 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 private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used by people and businesses to communicate in a private way.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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