Facebook Inc (NASDAQ:FB) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 19,593,264 shares, a decrease of 9.8% from the November 15th total of 21,718,895 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 16,696,250 shares, the short-interest ratio is presently 1.2 days.

Facebook (NASDAQ:FB) opened at $178.30 on Thursday. Facebook has a 12-month low of $114.77 and a 12-month high of $184.25. The stock has a market cap of $520,255.88, a P/E ratio of 34.50, a PEG ratio of 1.14 and a beta of 0.69.

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

FB has been the subject of a number of analyst reports. Goldman Sachs Group set a $205.00 price objective on shares of Facebook and gave the stock a “buy” rating in a research note on Friday, October 20th. Morgan Stanley set a $200.00 price objective on shares of Facebook and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Needham & Company LLC increased their price objective on shares of Facebook from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Wedbush set a $225.00 price objective on shares of Facebook and gave the stock a “buy” rating in a research note on Monday, October 30th. Finally, Vetr raised shares of Facebook from a “hold” rating to a “buy” rating and set a $174.15 price objective for the company in a research note on Monday, August 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, forty-two have issued a buy rating and three have issued a strong buy rating to the company. Facebook presently has a consensus rating of “Buy” and a consensus price target of $200.73.

In other Facebook news, CEO Mark Zuckerberg sold 247,452 shares of the stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $171.75, for a total value of $42,499,881.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Colin Stretch sold 750 shares of the stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $171.40, for a total transaction of $128,550.00. Following the completion of the transaction, the vice president now owns 93,341 shares in the company, valued at $15,998,647.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,027,649 shares of company stock worth $896,849,901. 17.23% of the stock is owned by insiders.

Several institutional investors have recently modified their holdings of FB. Blue Fin Capital Inc. lifted its stake in Facebook by 1.7% during the 1st quarter. Blue Fin Capital Inc. now owns 25,044 shares of the social networking company’s stock valued at $3,557,000 after acquiring an additional 411 shares during the period. Winch Advisory Services LLC lifted its stake in Facebook by 11.9% during the 1st quarter. Winch Advisory Services LLC now owns 21,079 shares of the social networking company’s stock valued at $2,994,000 after acquiring an additional 2,239 shares during the period. C WorldWide Group Holding A S lifted its stake in Facebook by 8.0% during the 1st quarter. C WorldWide Group Holding A S now owns 2,888,006 shares of the social networking company’s stock valued at $410,242,000 after acquiring an additional 213,758 shares during the period. Webster Bank N. A. lifted its stake in Facebook by 3.8% during the 1st quarter. Webster Bank N. A. now owns 28,076 shares of the social networking company’s stock valued at $3,988,000 after acquiring an additional 1,038 shares during the period. Finally, Eads & Heald Investment Counsel lifted its stake in Facebook by 8.6% during the 1st quarter. Eads & Heald Investment Counsel now owns 16,452 shares of the social networking company’s stock valued at $2,337,000 after acquiring an additional 1,309 shares during the period. 57.86% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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