Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of Facebook stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $179.29, for a total value of $134,467.50. Following the sale, the vice president now owns 86,296 shares in the company, valued at $15,472,009.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Tuesday, November 14th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $177.68, for a total value of $133,260.00.
  • On Tuesday, November 7th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $180.35, for a total value of $135,262.50.
  • On Tuesday, October 31st, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $180.16, for a total value of $135,120.00.
  • On Tuesday, October 24th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $172.43, for a total value of $129,322.50.
  • On Tuesday, October 17th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $175.29, for a total value of $131,467.50.
  • On Tuesday, October 10th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $172.98, for a total value of $129,735.00.
  • On Tuesday, October 3rd, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $170.10, for a total value of $127,575.00.
  • 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 value 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 value 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 value of $130,185.00.

Shares of Facebook, Inc. (FB) traded down $0.99 during trading on Wednesday, hitting $180.87. The stock had a trading volume of 10,371,083 shares, compared to its average volume of 16,787,154. The firm has a market cap of $525,570.00, a PE ratio of 34.44, a P/E/G ratio of 1.14 and a beta of 0.67. Facebook, Inc. has a fifty-two week low of $114.00 and a fifty-two week high of $182.90.

Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.28 by $0.31. The business had revenue of $10.33 billion for the quarter, compared to analysts’ expectations of $9.84 billion. Facebook had a return on equity of 23.64% and a net margin of 41.69%. The business’s revenue for the quarter was up 47.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.09 EPS. equities research analysts expect that Facebook, Inc. will post 5.86 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Institutional & Family Asset Management LLC acquired a new position in Facebook in the third quarter valued at approximately $513,000. Steward Partners Investment Advisory LLC acquired a new position in Facebook in the third quarter valued at approximately $22,763,000. Public Employees Retirement System of Ohio lifted its holdings in Facebook by 0.5% in the third quarter. Public Employees Retirement System of Ohio now owns 1,681,240 shares of the social networking company’s stock valued at $287,273,000 after acquiring an additional 8,878 shares during the last quarter. Hartline Investment Corp lifted its holdings in Facebook by 16.8% in the third quarter. Hartline Investment Corp now owns 33,974 shares of the social networking company’s stock valued at $5,805,000 after acquiring an additional 4,881 shares during the last quarter. Finally, GSA Capital Partners LLP lifted its holdings in Facebook by 868.7% in the third quarter. GSA Capital Partners LLP now owns 23,975 shares of the social networking company’s stock valued at $4,097,000 after acquiring an additional 21,500 shares during the last quarter. Hedge funds and other institutional investors own 57.44% of the company’s stock.

FB has been the subject of several recent analyst reports. Zacks Investment Research upgraded Facebook from a “hold” rating to a “buy” rating and set a $202.00 price target for the company in a research note on Tuesday, November 7th. SunTrust Banks, Inc. restated a “buy” rating and issued a $215.00 price target on shares of Facebook in a research note on Friday, November 3rd. Piper Jaffray Companies restated a “buy” rating and issued a $200.00 price target on shares of Facebook in a research note on Friday, November 3rd. Canaccord Genuity boosted their price target on Facebook from $190.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, Oppenheimer Holdings, Inc. upped their price objective on Facebook from $195.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, two have given a hold rating, forty-three have issued a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $197.95.

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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