Facebook, Inc. (NASDAQ:FB) insider Michael Todd Schroepfer sold 38,058 shares of the stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $171.51, for a total transaction of $6,527,327.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Tuesday, September 12th, Michael Todd Schroepfer sold 38,055 shares of Facebook stock. The stock was sold at an average price of $172.60, for a total transaction of $6,568,293.00.
  • 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.

Shares of Facebook, Inc. (NASDAQ:FB) traded down 0.11% during midday trading on Thursday, reaching $172.55. 10,351,044 shares of the company traded hands. The stock has a market capitalization of $501.12 billion, a P/E ratio of 38.62 and a beta of 0.70. The stock’s 50-day moving average is $170.39 and its 200-day moving average is $158.07. Facebook, Inc. has a 1-year low of $113.55 and a 1-year high of $175.49.

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. The company had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.19 billion. Facebook had a return on equity of 21.73% and a net margin of 38.84%. Facebook’s quarterly revenue was up 44.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 earnings per share. Equities analysts predict that Facebook, Inc. will post $5.34 EPS for the current fiscal year.

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FB has been the subject of several research analyst reports. Barclays PLC reaffirmed an “overweight” rating and set a $168.00 target price (up from $160.00) on shares of Facebook in a research note on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating and set a $192.00 target price (up from $175.00) on shares of Facebook in a research note on Thursday, July 27th. Vetr raised shares of Facebook from a “hold” rating to a “buy” rating and set a $180.74 target price for the company in a research note on Monday, September 25th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $185.00 target price on shares of Facebook in a research note on Tuesday, July 11th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $195.00 target price (up from $190.00) on shares of Facebook in a research note on Monday, October 2nd. 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 stock. The company currently has a consensus rating of “Buy” and an average target price of $185.38.

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Facebook by 3.3% during the 2nd quarter. Vanguard Group Inc. now owns 162,530,760 shares of the social networking company’s stock worth $24,538,895,000 after buying an additional 5,151,190 shares during the last quarter. BlackRock Inc. raised its stake in shares of Facebook by 3.0% during the 2nd quarter. BlackRock Inc. now owns 138,877,313 shares of the social networking company’s stock worth $20,967,696,000 after buying an additional 4,032,727 shares during the last quarter. State Street Corp raised its stake in shares of Facebook by 1.7% during the 1st quarter. State Street Corp now owns 93,365,713 shares of the social networking company’s stock worth $13,262,607,000 after buying an additional 1,536,158 shares during the last quarter. Capital World Investors raised its stake in shares of Facebook by 1.5% during the 2nd quarter. Capital World Investors now owns 56,817,768 shares of the social networking company’s stock worth $8,578,347,000 after buying an additional 833,810 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Facebook by 0.4% during the 2nd quarter. Northern Trust Corp now owns 26,454,900 shares of the social networking company’s stock worth $3,994,161,000 after buying an additional 114,694 shares during the last quarter. 57.26% of the stock is owned by institutional investors and hedge funds.

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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