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Facebook (NASDAQ:FB) CTO Michael Todd Schroepfer sold 25,000 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $54.90, for a total transaction of $1,372,500.00. Following the sale, the chief technology officer now directly owns 367,918 shares of the company’s stock, valued at approximately $20,198,698. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Facebook (NASDAQ:FB) traded up 0.11% on Thursday, hitting $54.71. 43,257,624 shares of the company’s stock traded hands. Facebook has a one year low of $22.67 and a one year high of $58.58. The stock’s 50-day moving average is $50.38 and its 200-day moving average is $42.30. The company has a market cap of $134.3 billion and a price-to-earnings ratio of 139.77.

Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.06. The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the company posted $0.12 earnings per share. Facebook’s revenue was up 59.7% compared to the same quarter last year. On average, analysts predict that Facebook will post $0.83 earnings per share for the current fiscal year.

A number of research firms have recently commented on FB. Analysts at TheStreet reiterated a “hold” rating on shares of Facebook in a research note to investors on Thursday, December 26th. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Facebook in a research note to investors on Monday, December 23rd. They now have a $65.00 price target on the stock, up previously from $63.00. Finally, analysts at Oppenheimer raised their price target on shares of Facebook from $60.00 to $62.00 in a research note to investors on Tuesday, December 17th. Six equities research analysts have rated the stock with a hold rating and thirty-eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $58.41.

Facebook, Inc (NASDAQ:FB), is engaged in building products to create utility for users, developers, and advertisers.

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