Facebook Inc (NASDAQ:FB) VP Colin Stretch sold 750 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $171.59, for a total value of $128,692.50. Following the transaction, the vice president now owns 94,841 shares of the company’s stock, valued at $16,273,767.19. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Tuesday, August 29th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $166.85, for a total value of $125,137.50.
  • On Tuesday, August 22nd, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $168.25, for a total value of $126,187.50.
  • On Tuesday, August 15th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.15, for a total value of $128,362.50.
  • On Tuesday, August 8th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.88, for a total value of $128,910.00.
  • On Tuesday, August 1st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $169.93, for a total value of $127,447.50.
  • On Tuesday, July 25th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $165.29, for a total value of $123,967.50.
  • On Tuesday, July 18th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $159.87, for a total value of $119,902.50.
  • On Tuesday, July 11th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $153.36, for a total value of $115,020.00.
  • On Wednesday, July 5th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $149.00, for a total value of $111,750.00.
  • On Tuesday, June 27th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $152.89, for a total value of $114,667.50.

Shares of Facebook Inc (NASDAQ:FB) traded up 0.65% during mid-day trading on Thursday, reaching $173.21. The company had a trading volume of 18,048,920 shares. The firm’s 50 day moving average is $168.79 and its 200-day moving average is $152.19. Facebook Inc has a 12-month low of $113.55 and a 12-month high of $175.49. The stock has a market capitalization of $503.04 billion, a P/E ratio of 38.77 and a beta of 0.76.

Facebook (NASDAQ:FB) last issued its quarterly earnings results on Wednesday, July 26th. The social networking company reported $1.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.19. The business had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.19 billion. Facebook had a return on equity of 24.25% and a net margin of 41.78%. The firm’s quarterly revenue was up 44.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.97 earnings per share. On average, analysts expect that Facebook Inc will post $5.33 earnings per share for the current fiscal year.

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Several equities analysts recently issued reports on FB shares. Vetr upgraded Facebook from a “hold” rating to a “buy” rating and set a $154.73 price objective on the stock in a research note on Wednesday, May 17th. Robert W. Baird restated an “outperform” rating and set a $163.00 price objective on shares of Facebook in a research note on Friday, May 19th. Piper Jaffray Companies restated an “overweight” rating on shares of Facebook in a research note on Monday, May 22nd. Needham & Company LLC restated a “buy” rating and set a $165.00 price objective on shares of Facebook in a research note on Monday, May 22nd. Finally, Aegis restated a “buy” rating on shares of Facebook in a research note on Monday, May 22nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating, forty-three have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Facebook currently has an average rating of “Buy” and a consensus target price of $183.74.

A number of large investors have recently modified their holdings of FB. Charter Trust Co. acquired a new stake in Facebook during the first quarter worth approximately $241,000. Nadler Financial Group Inc. grew its position in Facebook by 1.7% during the first quarter. Nadler Financial Group Inc. now owns 9,436 shares of the social networking company’s stock worth $1,340,000 after buying an additional 157 shares in the last quarter. Waverton Investment Management Ltd grew its position in Facebook by 12.2% during the first quarter. Waverton Investment Management Ltd now owns 387,295 shares of the social networking company’s stock worth $55,015,000 after buying an additional 42,102 shares in the last quarter. S&CO Inc. grew its position in Facebook by 9.2% during the first quarter. S&CO Inc. now owns 9,467 shares of the social networking company’s stock worth $1,345,000 after buying an additional 801 shares in the last quarter. Finally, Cordasco Financial Network grew its position in Facebook by 1.5% during the first quarter. Cordasco Financial Network now owns 2,029 shares of the social networking company’s stock worth $288,000 after buying an additional 29 shares in the last quarter. 57.30% of the stock is currently owned by institutional investors and hedge funds.

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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