Facebook Inc (NASDAQ:FB) VP Colin Stretch sold 750 shares of Facebook stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $178.83, for a total transaction of $134,122.50. Following the transaction, the vice president now directly owns 83,296 shares in the company, valued at $14,895,823.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Tuesday, December 5th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.60, for a total transaction of $128,700.00.
  • On Tuesday, November 21st, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $179.29, for a total transaction of $134,467.50.
  • On Tuesday, November 14th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $177.68, for a total transaction of $133,260.00.
  • On Tuesday, November 7th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $180.35, for a total transaction of $135,262.50.
  • On Tuesday, October 31st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $180.16, for a total transaction of $135,120.00.
  • On Tuesday, October 24th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $172.43, for a total transaction of $129,322.50.
  • On Tuesday, October 17th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $175.29, for a total transaction of $131,467.50.
  • On Tuesday, October 10th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $172.98, for a total transaction of $129,735.00.
  • 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.

Facebook Inc (NASDAQ FB) traded up $0.09 during trading on Thursday, hitting $178.39. 13,393,757 shares of the stock traded hands, compared to its average volume of 16,933,115. The firm has a market cap of $514,211.81, a price-to-earnings ratio of 34.10, a PEG ratio of 1.13 and a beta of 0.69. Facebook Inc has a one year low of $114.77 and a one year high of $184.25.

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

Several equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Facebook from a “hold” rating to a “buy” rating and set a $202.00 price objective on the stock in a research report on Tuesday, November 7th. Vetr cut shares of Facebook from a “strong-buy” rating to a “buy” rating and set a $198.52 price objective on the stock. in a research report on Thursday, December 7th. Aegis boosted their price objective on shares of Facebook from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, November 1st. Royal Bank of Canada boosted their price objective on shares of Facebook from $195.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Finally, Barclays lifted their price target on shares of Facebook from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, forty-three have assigned a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $200.75.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Hartford Financial Management Inc. grew its stake in Facebook by 1.1% in the 2nd quarter. Hartford Financial Management Inc. now owns 1,488 shares of the social networking company’s stock valued at $224,000 after buying an additional 16 shares during the last quarter. Regal Investment Advisors LLC boosted its holdings in Facebook by 0.3% in the 2nd quarter. Regal Investment Advisors LLC now owns 5,800 shares of the social networking company’s stock valued at $876,000 after purchasing an additional 18 shares during the period. Halbert Hargrove Russell LLC boosted its holdings in Facebook by 0.5% in the 2nd quarter. Halbert Hargrove Russell LLC now owns 3,485 shares of the social networking company’s stock valued at $526,000 after purchasing an additional 19 shares during the period. Wagner Bowman Management Corp boosted its holdings in Facebook by 0.5% in the 2nd quarter. Wagner Bowman Management Corp now owns 4,997 shares of the social networking company’s stock valued at $754,000 after purchasing an additional 25 shares during the period. Finally, Dumont & Blake Investment Advisors LLC boosted its holdings in Facebook by 2.1% in the 2nd quarter. Dumont & Blake Investment Advisors LLC now owns 1,470 shares of the social networking company’s stock valued at $222,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 57.86% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

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