Insider Selling: Facebook, Inc. (NASDAQ:FB) CEO Sells 125,600 Shares of Stock

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $187.58, for a total transaction of $23,560,048.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Mark Zuckerberg also recently made the following trade(s):

  • On Wednesday, September 11th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.94, for a total transaction of $23,605,264.00.
  • On Friday, September 6th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.53, for a total transaction of $23,553,768.00.
  • On Wednesday, September 4th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $186.29, for a total transaction of $23,398,024.00.
  • On Friday, August 30th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $184.70, for a total transaction of $23,198,320.00.
  • On Monday, August 26th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $179.40, for a total transaction of $21,258,900.00.
  • On Wednesday, August 28th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $181.04, for a total transaction of $21,453,240.00.
  • On Friday, August 23rd, Mark Zuckerberg sold 7,100 shares of Facebook stock. The stock was sold at an average price of $179.16, for a total transaction of $1,272,036.00.
  • On Monday, August 19th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $186.36, for a total value of $23,406,816.00.
  • On Wednesday, August 21st, Mark Zuckerberg sold 122,375 shares of Facebook stock. The shares were sold at an average price of $184.73, for a total value of $22,606,333.75.
  • On Friday, August 16th, Mark Zuckerberg sold 237,823 shares of Facebook stock. The shares were sold at an average price of $182.75, for a total value of $43,462,153.25.

FB traded up $2.32 during trading on Wednesday, hitting $188.49. The stock had a trading volume of 11,558,358 shares, compared to its average volume of 17,437,799. The firm has a market cap of $538.52 billion, a PE ratio of 24.90, a P/E/G ratio of 1.10 and a beta of 1.01. Facebook, Inc. has a 12 month low of $123.02 and a 12 month high of $208.66. The company has a current ratio of 4.47, a quick ratio of 4.47 and a debt-to-equity ratio of 0.08. The company has a 50 day simple moving average of $187.42 and a 200-day simple moving average of $182.81.

Facebook (NASDAQ:FB) last posted its quarterly earnings data on Wednesday, July 24th. The social networking company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Facebook had a return on equity of 20.09% and a net margin of 27.26%. The business had revenue of $16.89 billion during the quarter, compared to analysts’ expectations of $16.49 billion. During the same quarter in the previous year, the firm earned $1.74 EPS. The firm’s revenue was up 27.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Facebook, Inc. will post 8.03 earnings per share for the current fiscal year.

Several research firms have recently weighed in on FB. Wedbush reissued an “outperform” rating and set a $220.00 price objective on shares of Facebook in a research note on Monday, July 22nd. Goldman Sachs Group set a $228.00 target price on Facebook and gave the stock a “buy” rating in a research report on Tuesday, July 23rd. JMP Securities raised their target price on shares of Facebook from $220.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, July 25th. ValuEngine downgraded shares of Facebook from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, Monness Crespi & Hardt raised their price objective on shares of Facebook from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and forty-two have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $220.92.

Hedge funds and other institutional investors have recently modified their holdings of the business. Cantor Fitzgerald Investment Adviser L.P. acquired a new stake in Facebook during the second quarter worth $205,000. Executive Wealth Management LLC bought a new position in shares of Facebook during the 4th quarter worth about $5,196,000. Fiduciary Financial Services of The Southwest Inc. TX boosted its position in shares of Facebook by 1.7% during the 2nd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 12,236 shares of the social networking company’s stock valued at $2,362,000 after acquiring an additional 206 shares in the last quarter. HighPoint Advisor Group LLC increased its stake in Facebook by 10.0% in the fourth quarter. HighPoint Advisor Group LLC now owns 18,085 shares of the social networking company’s stock valued at $2,935,000 after acquiring an additional 1,641 shares during the period. Finally, Eastern Bank raised its position in Facebook by 16.4% in the second quarter. Eastern Bank now owns 99,117 shares of the social networking company’s stock worth $19,130,000 after purchasing an additional 13,934 shares in the last quarter. 63.60% of the stock is currently owned by institutional investors.

Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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

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