Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of Facebook stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $170.10, for a total transaction of $127,575.00. Following the transaction, the vice president now directly owns 92,191 shares of the company’s stock, valued at $15,681,689.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, September 26th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $164.21, for a total transaction of $123,157.50.
  • On Tuesday, September 19th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.40, for a total transaction of $128,550.00.
  • On Tuesday, September 12th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $173.58, for a total transaction of $130,185.00.
  • On Tuesday, September 5th, Colin Stretch sold 750 shares of Facebook stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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.

Facebook, Inc. (NASDAQ FB) traded up 0.29% on Tuesday, reaching $169.96. 8,190,273 shares of the company were exchanged. Facebook, Inc. has a 12-month low of $113.55 and a 12-month high of $175.49. The firm has a 50-day moving average of $169.83 and a 200 day moving average of $156.72. The firm has a market capitalization of $493.60 billion, a P/E ratio of 38.04 and a beta of 0.70.

Facebook (NASDAQ:FB) last released its quarterly earnings results on Wednesday, July 26th. The social networking company reported $1.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 during the quarter, compared to analyst estimates of $9.19 billion. During the same quarter in the prior year, the firm earned $0.97 EPS. The business’s revenue for the quarter was up 44.8% compared to the same quarter last year. On average, equities analysts predict that Facebook, Inc. will post $5.36 earnings per share for the current year.

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Financial Corp IN boosted its stake in shares of Facebook by 0.5% during the 1st quarter. First Financial Corp IN now owns 2,436 shares of the social networking company’s stock worth $346,000 after acquiring an additional 11 shares during the last quarter. Hartford Financial Management Inc. increased its stake in shares of Facebook by 1.1% in the 2nd quarter. Hartford Financial Management Inc. now owns 1,488 shares of the social networking company’s stock worth $224,000 after purchasing an additional 16 shares in the last quarter. Regal Investment Advisors LLC increased its stake in shares of Facebook by 0.3% in the 2nd quarter. Regal Investment Advisors LLC now owns 5,800 shares of the social networking company’s stock worth $876,000 after purchasing an additional 18 shares in the last quarter. Halbert Hargrove Russell LLC increased its stake in shares of Facebook by 0.5% in the 2nd quarter. Halbert Hargrove Russell LLC now owns 3,485 shares of the social networking company’s stock worth $526,000 after purchasing an additional 19 shares in the last quarter. Finally, Enterprise Financial Services Corp raised its holdings in Facebook by 1.0% in the 1st quarter. Enterprise Financial Services Corp now owns 2,124 shares of the social networking company’s stock worth $302,000 after purchasing an additional 21 shares during the period. Institutional investors own 57.26% of the company’s stock.

FB has been the subject of a number of research analyst reports. FBN Securities restated an “outperform” rating and set a $120.00 price objective on shares of Facebook in a report on Wednesday, September 27th. Citigroup Inc. reiterated a “buy” rating and set a $200.00 target price on shares of Facebook in a research note on Wednesday, September 27th. Cowen and Company reiterated an “outperform” rating and set a $195.00 target price on shares of Facebook in a research note on Thursday, August 10th. Pivotal Research lowered Facebook from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Finally, Robert W. Baird reissued an “outperform” rating and set a $185.00 price target (up from $163.00) on shares of Facebook in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, three have given a hold rating, forty-two have assigned a buy rating and three have issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $185.06.

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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