Facebook, Inc. (NASDAQ:FB) has been assigned a $225.00 target price by stock analysts at JMP Securities in a report released on Thursday. The brokerage currently has a “buy” rating on the social networking company’s stock. JMP Securities’ price target would suggest a potential upside of 24.96% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Barclays PLC reiterated an “overweight” rating and set a $168.00 target price (up previously from $160.00) on shares of Facebook in a research note on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating and set a $192.00 target price (up previously from $175.00) on shares of Facebook in a research note on Thursday, July 27th. Vetr upgraded 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 reiterated 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 reiterated an “overweight” rating and set a $195.00 target price (up previously 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, two have issued a hold rating, forty-five have issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $195.14.

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

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In other news, VP David B. Fischer sold 4,699 shares of the company’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $171.53, for a total value of $806,019.47. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Colin Stretch sold 750 shares of the company’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $180.16, for a total transaction of $135,120.00. Following the completion of the sale, the vice president now directly owns 88,841 shares in the company, valued at approximately $16,005,594.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,306,683 shares of company stock worth $1,441,300,245. 19.08% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of the business. Hartford Financial Management Inc. grew its holdings in Facebook by 1.1% during the 2nd quarter. Hartford Financial Management Inc. now owns 1,488 shares of the social networking company’s stock worth $224,000 after acquiring an additional 16 shares during the last quarter. Regal Investment Advisors LLC grew its holdings in Facebook by 0.3% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,800 shares of the social networking company’s stock worth $876,000 after acquiring an additional 18 shares during the last quarter. Halbert Hargrove Russell LLC grew its holdings in Facebook by 0.5% during the 2nd quarter. Halbert Hargrove Russell LLC now owns 3,485 shares of the social networking company’s stock worth $526,000 after acquiring an additional 19 shares during the last quarter. Enterprise Financial Services Corp grew its holdings in Facebook by 1.0% during the 1st quarter. Enterprise Financial Services Corp now owns 2,124 shares of the social networking company’s stock worth $302,000 after acquiring an additional 21 shares during the last quarter. Finally, Wagner Bowman Management Corp grew its holdings in Facebook by 0.5% during the 2nd quarter. Wagner Bowman Management Corp now owns 4,997 shares of the social networking company’s stock worth $754,000 after acquiring an additional 25 shares during the last quarter. 57.27% of the stock is currently owned by hedge funds and other institutional investors.

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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