Insider Selling: Facebook Inc (FB) CEO Sells 245,400 Shares of Stock

Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg sold 245,400 shares of Facebook stock in a transaction on Friday, February 16th. The stock was 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 SEC, which can be accessed 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $183.08, for a total transaction of $42,499,825.04.

Shares of Facebook Inc (NASDAQ FB) opened at $177.91 on Thursday. Facebook Inc has a 52 week low of $133.46 and a 52 week high of $195.32. The stock has a market capitalization of $516,830.00, a PE ratio of 33.01, a P/E/G ratio of 0.92 and a beta of 0.58.

Facebook (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, January 31st. The social networking company reported $2.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.96 by $0.24. Facebook had a return on equity of 26.49% and a net margin of 39.16%. The business had revenue of $12.97 billion for the quarter, compared to analysts’ expectations of $12.58 billion. equities analysts forecast that Facebook Inc will post 7.28 EPS for the current year.

A number of equities analysts have issued reports on the stock. Pivotal Research reaffirmed a “sell” rating and set a $152.00 price objective on shares of Facebook in a report on Monday, February 12th. Vetr raised shares of Facebook from a “buy” rating to a “strong-buy” rating and set a $210.11 price objective on the stock in a report on Monday, February 5th. Argus lifted their price objective on shares of Facebook from $215.00 to $237.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Mizuho lifted their target price on Facebook from $230.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Finally, Goldman Sachs Group set a $225.00 target price on Facebook and gave the stock a “buy” rating in a research note on Thursday, February 1st. One investment 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’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $214.70.

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Facebook by 3.3% during 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. grew its holdings in Facebook by 3.6% during 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 grew its holdings in Facebook by 1.5% during 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 grew its holdings in Facebook by 0.4% during 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 buying an additional 114,694 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Facebook by 4.1% during 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 buying an additional 1,010,306 shares in the last quarter. Institutional investors and hedge funds own 57.32% of the company’s stock.

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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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