Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $173.58, for a total transaction of $130,185.00. Following the completion of the transaction, the vice president now owns 94,091 shares in the company, valued at $16,332,315.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Tuesday, September 5th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.59, for a total transaction of $128,692.50.
  • On Tuesday, August 29th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $166.85, for a total transaction of $125,137.50.
  • On Tuesday, August 22nd, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $168.25, for a total transaction of $126,187.50.
  • On Tuesday, August 15th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.15, for a total transaction of $128,362.50.
  • On Tuesday, August 8th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.88, for a total transaction of $128,910.00.
  • On Tuesday, August 1st, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $169.93, for a total transaction of $127,447.50.
  • On Tuesday, July 25th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $165.29, for a total transaction of $123,967.50.
  • On Tuesday, July 18th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $159.87, for a total transaction of $119,902.50.
  • On Tuesday, July 11th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $153.36, for a total transaction of $115,020.00.
  • On Wednesday, July 5th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $149.00, for a total transaction of $111,750.00.

Facebook, Inc. (NASDAQ FB) opened at 170.97 on Friday. Facebook, Inc. has a 1-year low of $113.55 and a 1-year high of $175.49. The firm has a market capitalization of $496.53 billion, a PE ratio of 38.27 and a beta of 0.76. The company has a 50 day moving average of $170.07 and a 200 day moving average of $153.55.

Facebook (NASDAQ:FB) last posted its quarterly earnings data on Wednesday, July 26th. The social networking company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.19. Facebook had a net margin of 38.84% and a return on equity of 21.73%. The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same period last year, the firm posted $0.97 EPS. Facebook’s quarterly revenue was up 44.8% on a year-over-year basis. Analysts forecast that Facebook, Inc. will post $5.33 EPS for the current year.

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Several analysts have recently commented on FB shares. 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 price objective on shares of Facebook in a research report on Monday, May 22nd. Instinet restated a “buy” rating on shares of Facebook in a research report on Friday, June 2nd. Vetr upgraded shares of Facebook from a “hold” rating to a “buy” rating and set a $157.52 price objective on the stock in a research report on Wednesday, May 31st. Finally, Moffett Nathanson restated a “buy” rating on shares of Facebook in a research report on Friday, June 9th. Two analysts have rated the stock with a sell rating, three have given a hold rating, forty-three have given a buy rating and three have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $183.74.

Large investors have recently bought and sold shares of the stock. Bank of Montreal Can boosted its position in shares of Facebook by 20.5% during the 1st quarter. Bank of Montreal Can now owns 2,219,970 shares of the social networking company’s stock worth $315,345,000 after purchasing an additional 377,731 shares in the last quarter. Regentatlantic Capital LLC boosted its position in shares of Facebook by 0.5% during the 1st quarter. Regentatlantic Capital LLC now owns 7,842 shares of the social networking company’s stock worth $1,114,000 after purchasing an additional 38 shares in the last quarter. CrestPoint Capital Management LLC boosted its position in shares of Facebook by 31.8% during the 1st quarter. CrestPoint Capital Management LLC now owns 25,300 shares of the social networking company’s stock worth $3,594,000 after purchasing an additional 6,100 shares in the last quarter. Stillwater Capital Advisors LLC purchased a new stake in shares of Facebook during the 1st quarter worth $230,000. Finally, Adirondack Trust Co. boosted its position in shares of Facebook by 7.1% during the 1st quarter. Adirondack Trust Co. now owns 7,298 shares of the social networking company’s stock worth $1,037,000 after purchasing an additional 485 shares in the last quarter. Hedge funds and other institutional investors own 57.30% of the company’s stock.

About Facebook

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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