Colin Stretch Sells 750 Shares of Facebook Inc (NASDAQ:FB) Stock

Facebook Inc (NASDAQ:FB) VP Colin Stretch sold 750 shares of the stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $176.23, for a total value of $132,172.50. Following the sale, the vice president now directly owns 82,096 shares of the company’s stock, valued at $14,467,778.08. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Tuesday, December 19th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $179.76, for a total value of $134,820.00.
  • On Tuesday, December 12th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $178.83, for a total value of $134,122.50.
  • 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $129,735.00.

Shares of Facebook Inc (NASDAQ FB) opened at $179.37 on Friday. The company has a market capitalization of $521,210.00, a price-to-earnings ratio of 33.34, a PEG ratio of 1.07 and a beta of 0.68. Facebook Inc has a 1 year low of $126.78 and a 1 year high of $188.90.

Facebook (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, November 1st. The social networking company reported $1.59 EPS for the quarter, beating the Zacks’ consensus estimate of $1.28 by $0.31. The business had revenue of $10.33 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 earnings per share. analysts predict that Facebook Inc will post 5.86 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in FB. Trellis Advisors LLC acquired a new position in Facebook in the fourth quarter valued at $348,000. Bremer Trust National Association boosted its holdings in Facebook by 3.8% in the fourth quarter. Bremer Trust National Association now owns 10,097 shares of the social networking company’s stock valued at $1,782,000 after acquiring an additional 366 shares during the last quarter. Broadleaf Partners LLC acquired a new position in Facebook in the fourth quarter valued at $5,540,000. Country Club Trust Company n.a. boosted its holdings in Facebook by 15.0% in the fourth quarter. Country Club Trust Company n.a. now owns 2,602 shares of the social networking company’s stock valued at $459,000 after acquiring an additional 339 shares during the last quarter. Finally, Daiwa SB Investments Ltd. boosted its holdings in Facebook by 27.6% in the fourth quarter. Daiwa SB Investments Ltd. now owns 12,430 shares of the social networking company’s stock valued at $2,193,000 after acquiring an additional 2,690 shares during the last quarter. 57.73% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently commented on FB. BidaskClub raised Facebook from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Vetr raised Facebook from a “buy” rating to a “strong-buy” rating and set a $210.43 price objective for the company in a research note on Wednesday. UBS Group set a $215.00 price objective on Facebook and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley set a $215.00 price objective on Facebook and gave the company a “buy” rating in a research note on Friday. Finally, Stifel Nicolaus downgraded Facebook from a “buy” rating to a “hold” rating in a research note on Friday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, forty-two have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $203.72.

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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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