Facebook Inc (FB) VP Sells $134,820.00 in Stock

Facebook Inc (NASDAQ:FB) VP Colin Stretch sold 750 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $179.76, for a total value of $134,820.00. Following the completion of the transaction, the vice president now directly owns 82,546 shares of the company’s stock, valued at $14,838,468.96. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Colin Stretch also recently made the following trade(s):

  • On Tuesday, December 12th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $178.83, for a total value of $134,122.50.
  • On Tuesday, December 5th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.60, for a total value of $128,700.00.
  • On Tuesday, November 21st, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $179.29, for a total value of $134,467.50.
  • On Tuesday, November 14th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $177.68, for a total value of $133,260.00.
  • On Tuesday, November 7th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $180.35, for a total value of $135,262.50.
  • On Tuesday, October 31st, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $180.16, for a total value of $135,120.00.
  • On Tuesday, October 24th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $172.43, for a total value of $129,322.50.
  • On Tuesday, October 17th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $175.29, for a total value of $131,467.50.
  • On Tuesday, October 10th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $172.98, for a total value of $129,735.00.
  • On Tuesday, October 3rd, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $170.10, for a total value of $127,575.00.

Shares of Facebook Inc (NASDAQ FB) traded down $0.25 on Friday, hitting $177.20. The stock had a trading volume of 8,498,301 shares, compared to its average volume of 18,555,108. Facebook Inc has a 1 year low of $114.77 and a 1 year high of $184.25. The stock has a market capitalization of $515,635.63, a P/E ratio of 34.34, a price-to-earnings-growth ratio of 1.13 and a beta of 0.69.

Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, November 1st. The social networking company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.31. Facebook had a return on equity of 23.64% and a net margin of 41.69%. The firm had revenue of $10.33 billion for the quarter, compared to the consensus estimate of $9.84 billion. During the same quarter in the prior year, the business earned $1.09 earnings per share. The company’s revenue was up 47.3% compared to the same quarter last year. research analysts predict that Facebook Inc will post 5.86 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Facebook by 3.3% during the second quarter. Vanguard Group Inc. now owns 162,530,760 shares of the social networking company’s stock worth $24,538,895,000 after purchasing an additional 5,151,190 shares in the last quarter. BlackRock Inc. boosted its position in Facebook by 3.0% during the second quarter. BlackRock Inc. now owns 138,877,313 shares of the social networking company’s stock worth $20,967,696,000 after purchasing an additional 4,032,727 shares in the last quarter. State Street Corp boosted its position in Facebook by 1.7% during the first quarter. State Street Corp now owns 93,365,713 shares of the social networking company’s stock worth $13,262,607,000 after purchasing an additional 1,536,158 shares in the last quarter. Capital World Investors raised its holdings in shares of Facebook by 1.5% during the second quarter. Capital World Investors now owns 56,817,768 shares of the social networking company’s stock valued at $8,578,347,000 after acquiring an additional 833,810 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Facebook by 0.4% during the second quarter. Northern Trust Corp now owns 26,454,900 shares of the social networking company’s stock valued at $3,994,161,000 after acquiring an additional 114,694 shares during the last quarter. Hedge funds and other institutional investors own 57.71% of the company’s stock.

Several brokerages recently issued reports on FB. Vetr raised Facebook from a “hold” rating to a “buy” rating and set a $174.15 target price on the stock in a research report on Monday, August 28th. Robert W. Baird reaffirmed a “buy” rating and set a $185.00 target price on shares of Facebook in a research report on Friday, September 1st. Pivotal Research reaffirmed a “sell” rating and set a $140.00 target price on shares of Facebook in a research report on Wednesday, September 6th. Mizuho reaffirmed a “buy” rating and set a $230.00 target price on shares of Facebook in a research report on Wednesday, September 20th. Finally, Zacks Investment Research raised Facebook from a “hold” rating to a “buy” rating and set a $191.00 target price on the stock in a research report on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, forty-two have given a buy rating and three have issued a strong buy rating to the company. Facebook currently has a consensus rating of “Buy” and an average target price of $200.81.

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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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