Susan J.S. Taylor Sells 2,268 Shares of Facebook, Inc. (FB) Stock

Facebook, Inc. (NASDAQ:FB) insider Susan J.S. Taylor sold 2,268 shares of the stock in a transaction on Tuesday, November 27th. The shares were sold at an average price of $135.81, for a total value of $308,017.08. Following the completion of the transaction, the insider now directly owns 2,112 shares in the company, valued at approximately $286,830.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Susan J.S. Taylor also recently made the following trade(s):

  • On Monday, November 19th, Susan J.S. Taylor sold 2,112 shares of Facebook stock. The shares were sold at an average price of $137.50, for a total value of $290,400.00.

Facebook stock opened at $140.61 on Friday. The stock has a market cap of $408.47 billion, a PE ratio of 19.03, a PEG ratio of 0.85 and a beta of 0.55. Facebook, Inc. has a 1-year low of $126.85 and a 1-year high of $218.62.

Facebook (NASDAQ:FB) last posted its earnings results on Tuesday, October 30th. The social networking company reported $1.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.30. The company had revenue of $13.73 billion during the quarter, compared to analyst estimates of $13.82 billion. Facebook had a net margin of 37.57% and a return on equity of 27.89%. Facebook’s revenue for the quarter was up 32.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.59 earnings per share. As a group, research analysts predict that Facebook, Inc. will post 7.36 EPS for the current year.

Institutional investors have recently bought and sold shares of the company. FMR LLC increased its stake in shares of Facebook by 1.7% during the third quarter. FMR LLC now owns 124,255,610 shares of the social networking company’s stock valued at $20,435,077,000 after purchasing an additional 2,132,804 shares in the last quarter. Northern Trust Corp increased its stake in shares of Facebook by 0.8% during the second quarter. Northern Trust Corp now owns 26,909,979 shares of the social networking company’s stock valued at $5,229,147,000 after purchasing an additional 224,531 shares in the last quarter. Morgan Stanley increased its stake in shares of Facebook by 3.2% during the third quarter. Morgan Stanley now owns 25,517,710 shares of the social networking company’s stock valued at $4,196,642,000 after purchasing an additional 799,081 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Facebook by 0.8% during the second quarter. Bank of New York Mellon Corp now owns 22,102,171 shares of the social networking company’s stock valued at $4,294,895,000 after purchasing an additional 184,595 shares in the last quarter. Finally, Jennison Associates LLC increased its stake in shares of Facebook by 1.6% during the third quarter. Jennison Associates LLC now owns 15,389,527 shares of the social networking company’s stock valued at $2,530,962,000 after purchasing an additional 242,474 shares in the last quarter. Institutional investors own 58.98% of the company’s stock.

FB has been the topic of a number of research analyst reports. Royal Bank of Canada reissued a “buy” rating and issued a $195.00 target price on shares of Facebook in a research note on Monday, September 3rd. Robert W. Baird restated a “buy” rating and set a $195.00 price target on shares of Facebook in a research report on Monday, September 3rd. Stifel Nicolaus restated a “buy” rating and set a $202.00 price target on shares of Facebook in a research report on Thursday, August 23rd. Wells Fargo & Co restated a “buy” rating and set a $220.00 price target on shares of Facebook in a research report on Thursday, August 23rd. Finally, Bank of America restated a “buy” rating and set a $205.00 price target on shares of Facebook in a research report on Tuesday, August 7th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $192.77.

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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.

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