Facebook, Inc. (NASDAQ:FB) insider Michael Todd Schroepfer sold 38,055 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $172.60, for a total transaction of $6,568,293.00. Following the completion of the sale, the insider now directly owns 533,937 shares of the company’s stock, valued at $92,157,526.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Michael Todd Schroepfer also recently made the following trade(s):

  • On Tuesday, August 8th, Michael Todd Schroepfer sold 37,963 shares of Facebook stock. The stock was sold at an average price of $171.98, for a total transaction of $6,528,876.74.
  • On Tuesday, July 11th, Michael Todd Schroepfer sold 37,914 shares of Facebook stock. The stock was sold at an average price of $154.43, for a total transaction of $5,855,059.02.

Shares of Facebook, Inc. (FB) traded down 1.20% during midday trading on Thursday, reaching $170.97. 15,615,654 shares of the company traded hands. The stock has a market capitalization of $496.53 billion, a P/E ratio of 38.27 and a beta of 0.76. Facebook, Inc. has a 1-year low of $113.55 and a 1-year high of $175.49. The stock’s 50-day moving average is $170.07 and its 200-day moving average is $153.55.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, July 26th. The social networking company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.19. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The company had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.19 billion. During the same quarter last year, the company earned $0.97 earnings per share. Facebook’s quarterly revenue was up 44.8% compared to the same quarter last year. Equities analysts predict that Facebook, Inc. will post $5.33 EPS for the current fiscal year.

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Institutional investors have recently added to or reduced their stakes in the business. Arcadia Investment Management Corp MI lifted its holdings in Facebook by 20.0% in the first quarter. Arcadia Investment Management Corp MI now owns 721 shares of the social networking company’s stock valued at $102,000 after acquiring an additional 120 shares during the period. D. Scott Neal Inc. lifted its holdings in Facebook by 1,358.0% in the second quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock valued at $110,000 after acquiring an additional 679 shares during the period. Cohen Capital Management Inc. acquired a new stake in Facebook in the first quarter valued at $121,000. Farmers & Merchants Investments Inc. lifted its holdings in Facebook by 4.4% in the second quarter. Farmers & Merchants Investments Inc. now owns 809 shares of the social networking company’s stock valued at $122,000 after acquiring an additional 34 shares during the period. Finally, Pacific Center for Financial Services lifted its holdings in Facebook by 10.7% in the first quarter. Pacific Center for Financial Services now owns 910 shares of the social networking company’s stock valued at $129,000 after acquiring an additional 88 shares during the period. 57.30% of the stock is owned by institutional investors.

FB has been the subject of a number of research reports. Aegis restated a “buy” rating on shares of Facebook in a research report on Monday, May 22nd. Needham & Company LLC restated a “buy” rating and set a $165.00 target price on shares of Facebook in a research report on Monday, May 22nd. Vetr upgraded shares of Facebook from a “hold” rating to a “buy” rating and set a $154.73 target price for the company in a research report on Wednesday, May 17th. Instinet restated a “buy” rating on shares of Facebook in a research report on Friday, June 2nd. Finally, Moffett Nathanson restated a “buy” rating on shares of Facebook in a research report on Friday, June 9th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, forty-three have issued a buy rating and three have given a strong buy rating to the stock. Facebook presently has an average rating of “Buy” and a consensus price target of $183.74.

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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