Mark Zuckerberg Sells 125,600 Shares of Facebook, Inc. (NASDAQ:FB) Stock

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $187.94, for a total value of $23,605,264.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Monday, September 9th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.58, for a total value of $23,560,048.00.
  • On Friday, September 6th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $187.53, for a total value 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 value of $23,398,024.00.
  • On Friday, August 30th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $184.70, for a total value of $23,198,320.00.
  • On Monday, August 26th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were 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 value of $21,453,240.00.
  • On Friday, August 23rd, Mark Zuckerberg sold 7,100 shares of Facebook stock. The shares were sold at an average price of $179.16, for a total value 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 transaction of $23,406,816.00.
  • On Wednesday, August 21st, Mark Zuckerberg sold 122,375 shares of Facebook stock. The stock was sold at an average price of $184.73, for a total transaction of $22,606,333.75.
  • On Friday, August 16th, Mark Zuckerberg sold 237,823 shares of Facebook stock. The stock was sold at an average price of $182.75, for a total value of $43,462,153.25.

FB traded up $2.32 during midday trading on Wednesday, reaching $188.49. The company’s stock had a trading volume of 11,558,358 shares, compared to its average volume of 17,437,799. The firm has a market capitalization of $538.52 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 1.10 and a beta of 1.01. The company has a current ratio of 4.47, a quick ratio of 4.47 and a debt-to-equity ratio of 0.08. Facebook, Inc. has a 1 year low of $123.02 and a 1 year high of $208.66. The stock’s 50-day moving average is $187.42 and its 200-day moving average is $182.81.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, July 24th. The social networking company reported $1.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.90 by $0.09. Facebook had a net margin of 27.26% and a return on equity of 20.09%. The firm had revenue of $16.89 billion during the quarter, compared to analyst estimates of $16.49 billion. During the same period last year, the business earned $1.74 earnings per share. The business’s revenue was up 27.6% on a year-over-year basis. As a group, equities research analysts forecast that Facebook, Inc. will post 8.03 earnings per share for the current fiscal year.

A number of research firms have recently commented on FB. Pivotal Research restated a “buy” rating and issued a $225.00 price objective (up from $220.00) on shares of Facebook in a research report on Thursday, July 25th. Deutsche Bank boosted their price target on shares of Facebook from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. BMO Capital Markets decreased their price target on shares of Facebook to $195.00 and set a “market perform” rating on the stock in a report on Tuesday, July 23rd. Robert W. Baird increased their price objective on Facebook from $215.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. Finally, Wedbush reiterated an “outperform” rating and issued a $220.00 price objective on shares of Facebook in a research report on Monday, July 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and forty-two have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $220.92.

A number of large investors have recently made changes to their positions in FB. Cantor Fitzgerald Investment Adviser L.P. purchased a new stake in Facebook during the 2nd quarter valued at $205,000. Executive Wealth Management LLC purchased a new stake in Facebook during the fourth quarter valued at $5,196,000. Fiduciary Financial Services of The Southwest Inc. TX increased its position in Facebook by 1.7% during the second 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 during the last quarter. HighPoint Advisor Group LLC lifted its holdings 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 lifted its holdings in Facebook by 16.4% in the second quarter. Eastern Bank now owns 99,117 shares of the social networking company’s stock valued at $19,130,000 after acquiring an additional 13,934 shares during the period. Institutional investors and hedge funds own 63.60% of the company’s stock.

About Facebook

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.

Read More: Support Level

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

Receive News & Ratings for Facebook Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply