Mark Zuckerberg Sells 245,400 Shares of Facebook Inc (FB) Stock

Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg sold 245,400 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $178.16, for a total transaction of $43,720,464.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, February 20th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $176.52, for a total transaction of $38,834,400.00.
  • On Monday, February 12th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $175.62, for a total transaction of $38,636,400.00.
  • On Wednesday, February 14th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $177.39, for a total transaction of $39,025,800.00.
  • On Friday, December 8th, Mark Zuckerberg sold 117,829 shares of Facebook stock. The shares were sold at an average price of $180.34, for a total transaction of $21,249,281.86.
  • On Tuesday, November 28th, Mark Zuckerberg sold 232,138 shares of Facebook stock. The shares were sold at an average price of $183.08, for a total transaction of $42,499,825.04.

Facebook Inc (FB) traded down $1.35 during midday trading on Tuesday, reaching $176.01. 21,037,216 shares of the company’s stock traded hands, compared to its average volume of 27,640,000. Facebook Inc has a 12 month low of $132.90 and a 12 month high of $195.32. The firm has a market cap of $511,310.00, a PE ratio of 32.65, a PEG ratio of 0.92 and a beta of 0.58.

Facebook (NASDAQ:FB) last posted its quarterly earnings results on Wednesday, January 31st. The social networking company reported $2.20 EPS for the quarter, topping the consensus estimate of $1.96 by $0.24. Facebook had a net margin of 39.16% and a return on equity of 26.49%. The company had revenue of $12.97 billion during the quarter, compared to analysts’ expectations of $12.58 billion. sell-side analysts expect that Facebook Inc will post 7.28 EPS for the current year.

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Facebook by 3.3% in the 2nd quarter. Vanguard Group Inc. now owns 162,530,760 shares of the social networking company’s stock valued at $24,538,895,000 after buying an additional 5,151,190 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Facebook by 3.6% in the 4th quarter. BlackRock Inc. now owns 146,170,789 shares of the social networking company’s stock valued at $25,793,297,000 after buying an additional 5,107,163 shares in the last quarter. Capital World Investors boosted its holdings in shares of Facebook by 1.5% in the 2nd quarter. Capital World Investors now owns 56,817,768 shares of the social networking company’s stock valued at $8,578,347,000 after buying an additional 833,810 shares in the last quarter. Northern Trust Corp raised its position in Facebook by 0.4% in the 2nd quarter. Northern Trust Corp now owns 26,454,900 shares of the social networking company’s stock valued at $3,994,161,000 after purchasing an additional 114,694 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Facebook by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 25,433,759 shares of the social networking company’s stock valued at $4,478,724,000 after purchasing an additional 1,010,306 shares during the last quarter. Institutional investors and hedge funds own 57.32% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Facebook from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 10th. Vetr raised shares of Facebook from a “buy” rating to a “strong-buy” rating and set a $210.43 price target on the stock in a research note on Wednesday, January 10th. Aegis upped their target price on shares of Facebook from $215.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Citigroup reaffirmed a “buy” rating and set a $220.00 target price on shares of Facebook in a research note on Thursday, February 1st. They noted that the move was a valuation call. Finally, JMP Securities set a $235.00 target price on shares of Facebook and gave the stock a “buy” rating in a research note on Thursday, February 1st. One analyst has rated the stock with a sell rating, three have given a hold rating, forty-two have assigned a buy rating and two have assigned a strong buy rating to the company. Facebook currently has an average rating of “Buy” and an average target price of $214.70.

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Facebook Company Profile

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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