Facebook Inc. (NASDAQ:FB) Director Jan Koum sold 237,699 shares of the stock in a transaction on Friday, November 25th. The stock was sold at an average price of $120.45, for a total value of $28,630,844.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Jan Koum also recently made the following trade(s):

  • On Tuesday, November 22nd, Jan Koum sold 356,547 shares of Facebook stock. The stock was sold at an average price of $119.95, for a total value of $42,767,812.65.
  • On Tuesday, October 25th, Jan Koum sold 766,652 shares of Facebook stock. The stock was sold at an average price of $132.68, for a total value of $101,719,387.36.
  • On Wednesday, October 19th, Jan Koum sold 931,222 shares of Facebook stock. The stock was sold at an average price of $129.31, for a total value of $120,416,316.82.
  • On Tuesday, October 11th, Jan Koum sold 602,114 shares of Facebook stock. The stock was sold at an average price of $129.36, for a total value of $77,889,467.04.
  • On Monday, October 10th, Jan Koum sold 400,000 shares of Facebook stock. The stock was sold at an average price of $130.28, for a total value of $52,112,000.00.
  • On Tuesday, October 4th, Jan Koum sold 566,668 shares of Facebook stock. The stock was sold at an average price of $128.22, for a total value of $72,658,170.96.
  • On Tuesday, September 27th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $128.36, for a total value of $72,737,504.48.
  • On Thursday, September 22nd, Jan Koum sold 966,668 shares of Facebook stock. The shares were sold at an average price of $129.26, for a total value of $124,951,505.68.
  • On Tuesday, September 13th, Jan Koum sold 566,668 shares of Facebook stock. The shares were sold at an average price of $127.19, for a total value of $72,074,502.92.
  • On Thursday, September 8th, Jan Koum sold 1,566,668 shares of Facebook stock. The shares were sold at an average price of $129.70, for a total value of $203,196,839.60.

Facebook Inc. (NASDAQ:FB) opened at 120.87 on Wednesday. The company has a market cap of $348.37 billion, a P/E ratio of 46.60 and a beta of 0.76. Facebook Inc. has a 12-month low of $89.37 and a 12-month high of $133.50. The firm has a 50-day moving average price of $125.02 and a 200-day moving average price of $122.59.

Facebook (NASDAQ:FB) last announced its quarterly earnings results on Wednesday, November 2nd. The social networking company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.12. Facebook had a return on equity of 16.51% and a net margin of 30.32%. The business had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.90 billion. During the same period last year, the business posted $0.57 EPS. The business’s revenue was up 55.8% compared to the same quarter last year. On average, analysts forecast that Facebook Inc. will post $4.09 earnings per share for the current fiscal year.

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

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Several hedge funds and other institutional investors have recently made changes to their positions in FB. Capital World Investors increased its position in shares of Facebook by 41.3% in the second quarter. Capital World Investors now owns 33,131,292 shares of the social networking company’s stock worth $3,786,244,000 after buying an additional 9,686,624 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Facebook during the third quarter worth about $947,480,000. Third Point LLC bought a new position in shares of Facebook during the second quarter worth about $428,550,000. Vanguard Group Inc. increased its position in shares of Facebook by 2.5% in the second quarter. Vanguard Group Inc. now owns 139,483,685 shares of the social networking company’s stock worth $15,940,195,000 after buying an additional 3,400,653 shares in the last quarter. Finally, Emerald Acquisition Ltd. bought a new position in shares of Facebook during the second quarter worth about $369,509,000. Institutional investors and hedge funds own 56.19% of the company’s stock.

Several equities analysts have weighed in on the company. Nomura restated a “buy” rating and set a $155.00 price objective on shares of Facebook in a research note on Thursday, November 3rd. Loop Capital restated a “buy” rating and set a $165.00 price objective on shares of Facebook in a research note on Wednesday, November 2nd. Jefferies Group restated a “buy” rating and set a $170.00 price objective on shares of Facebook in a research note on Thursday, November 3rd. BTIG Research restated a “neutral” rating on shares of Facebook in a research note on Thursday, November 3rd. Finally, JMP Securities restated a “market perform” rating and set a $165.00 price objective on shares of Facebook in a research note on Thursday, November 3rd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, forty-five have issued a buy rating and two have given a strong buy rating to the company’s stock. Facebook currently has an average rating of “Buy” and a consensus price target of $150.70.

About Facebook

Facebook, Inc builds products that enable people to connect and share through mobile devices and personal computers. The Company enables people to share their opinions, ideas, photos and videos, and other activities. Its products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook is a mobile application and Website that enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

5 Day Chart for NASDAQ:FB

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