Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of the company’s stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $172.98, for a total transaction of $129,735.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, October 3rd, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $170.10, for a total transaction of $127,575.00.
  • On Tuesday, September 26th, Colin Stretch sold 750 shares of Facebook stock. The shares were 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 shares were 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 shares were 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.

Shares of Facebook, Inc. (FB) traded down 0.11% during midday trading on Thursday, reaching $172.55. 10,351,044 shares of the company were exchanged. The firm has a 50-day moving average of $170.39 and a 200 day moving average of $158.07. The firm has a market capitalization of $501.12 billion, a P/E ratio of 38.62 and a beta of 0.70. Facebook, Inc. has a 52 week low of $113.55 and a 52 week high of $175.49.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, July 26th. The social networking company reported $1.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.19. The company had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.19 billion. Facebook had a net margin of 38.84% and a return on equity of 21.73%. Facebook’s revenue was up 44.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.97 earnings per share. On average, equities research analysts expect that Facebook, Inc. will post $5.34 EPS for the current year.

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FB has been the subject of a number of research reports. Piper Jaffray Companies reissued a “buy” rating on shares of Facebook in a research note on Wednesday. Credit Suisse Group reissued a “buy” rating on shares of Facebook in a research note on Wednesday. Wells Fargo & Company set a $215.00 price target on shares of Facebook and gave the stock a “buy” rating in a research note on Friday, October 6th. Needham & Company LLC reissued a “buy” rating and issued a $185.00 price target on shares of Facebook in a research note on Thursday, October 5th. Finally, KeyCorp reissued a “buy” rating and issued a $200.00 price target on shares of Facebook in a research note on Wednesday, October 4th. Two 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 assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $185.38.

Hedge funds have recently made changes to their positions in the business. Mutual of America Capital Management LLC boosted its stake in Facebook by 2.4% during the first quarter. Mutual of America Capital Management LLC now owns 284,167 shares of the social networking company’s stock worth $40,366,000 after buying an additional 6,740 shares during the period. ING Groep NV boosted its stake in Facebook by 6.9% during the second quarter. ING Groep NV now owns 589,751 shares of the social networking company’s stock worth $89,041,000 after buying an additional 37,822 shares during the period. Grand Jean Capital Management Inc. boosted its stake in Facebook by 14.3% during the first quarter. Grand Jean Capital Management Inc. now owns 127,250 shares of the social networking company’s stock worth $18,076,000 after buying an additional 15,910 shares during the period. Segment Wealth Management LLC boosted its stake in Facebook by 157.5% during the first quarter. Segment Wealth Management LLC now owns 7,333 shares of the social networking company’s stock worth $1,042,000 after buying an additional 4,485 shares during the period. Finally, Jericho Capital Asset Management L.P. purchased a new position in Facebook during the first quarter worth about $94,601,000. 57.26% of the stock is owned by institutional investors.

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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