Facebook, Inc. (NASDAQ:FB) has been given a $208.00 price objective by analysts at UBS AG in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the social networking company’s stock. UBS AG’s price objective indicates a potential upside of 15.52% from the stock’s current price.

Other analysts also recently issued reports about the company. Zacks Investment Research downgraded Facebook from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Stifel Nicolaus reaffirmed a “buy” rating and set a $200.00 price target (up from $170.00) on shares of Facebook in a research report on Thursday, July 27th. Wedbush reaffirmed a “buy” rating on shares of Facebook in a research report on Thursday, July 27th. Credit Suisse Group reaffirmed a “buy” rating on shares of Facebook in a research report on Wednesday, October 11th. Finally, Macquarie set a $175.00 price target on Facebook and gave the company a “buy” rating in a research report on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, forty-five have assigned a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $195.52.

Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.28 by $0.31. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The company had revenue of $10.33 billion for the quarter, compared to analyst estimates of $9.84 billion. During the same quarter last year, the company earned $1.09 earnings per share. The company’s revenue for the quarter was up 47.3% on a year-over-year basis.

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In other news, insider Michael Todd Schroepfer sold 37,963 shares of Facebook stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $171.98, for a total value of $6,528,876.74. Following the transaction, the insider now owns 882,427 shares in the company, valued at $151,759,795.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Christopher K. Cox sold 16,000 shares of Facebook stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $169.95, for a total value of $2,719,200.00. Following the completion of the transaction, the insider now owns 180,871 shares in the company, valued at approximately $30,739,026.45. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,306,683 shares of company stock valued at $1,441,300,245. Corporate insiders own 19.08% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in FB. Arcadia Investment Management Corp MI increased its holdings in Facebook by 20.0% during the 1st quarter. Arcadia Investment Management Corp MI now owns 721 shares of the social networking company’s stock valued at $102,000 after purchasing an additional 120 shares during the period. D. Scott Neal Inc. increased its holdings in Facebook by 1,358.0% during the 2nd quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock valued at $110,000 after purchasing an additional 679 shares during the period. Farmers & Merchants Investments Inc. increased its holdings in Facebook by 4.4% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 809 shares of the social networking company’s stock valued at $122,000 after purchasing an additional 34 shares during the period. Pacific Center for Financial Services increased its holdings in Facebook by 10.7% during the 1st quarter. Pacific Center for Financial Services now owns 910 shares of the social networking company’s stock valued at $129,000 after purchasing an additional 88 shares during the period. Finally, Mountain Capital Investment Advisors Inc purchased a new position in Facebook during the 2nd quarter valued at about $138,000. Hedge funds and other institutional investors own 57.27% 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.

Analyst Recommendations for Facebook (NASDAQ:FB)

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