Facebook Inc (NASDAQ:FB) VP Colin Stretch sold 750 shares of the stock in a transaction that occurred on Tuesday, April 18th. The shares were sold at an average price of $141.27, for a total transaction of $105,952.50. Following the sale, the vice president now directly owns 81,330 shares of the company’s stock, valued at approximately $11,489,489.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Tuesday, April 11th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $140.66, for a total transaction of $105,495.00.
  • On Tuesday, April 4th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $141.77, for a total transaction of $106,327.50.
  • On Tuesday, March 28th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $140.57, for a total transaction of $105,427.50.
  • On Tuesday, March 21st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $141.39, for a total transaction of $106,042.50.
  • On Tuesday, February 7th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $132.37, for a total transaction of $99,277.50.
  • On Tuesday, January 31st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $130.28, for a total transaction of $97,710.00.
  • On Tuesday, January 24th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $129.47, for a total transaction of $97,102.50.

Shares of Facebook Inc (NASDAQ:FB) traded down 0.33% during mid-day trading on Tuesday, hitting $140.96. 14,807,472 shares of the stock traded hands. Facebook Inc has a one year low of $106.31 and a one year high of $143.44. The stock has a market cap of $407.37 billion, a PE ratio of 40.35 and a beta of 0.68. The stock has a 50-day moving average of $139.77 and a 200 day moving average of $129.21. Facebook also was the target of unusually large options trading activity on Tuesday. Investors acquired 78,065 put options on the stock. This represents an increase of 109% compared to the typical daily volume of 37,299 put options.

Facebook (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, February 1st. The social networking company reported $1.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.31 by $0.10. The business had revenue of $8.81 billion for the quarter, compared to analyst estimates of $8.47 billion. Facebook had a net margin of 34.33% and a return on equity of 19.05%. The company’s revenue was up 50.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.79 EPS. Equities analysts predict that Facebook Inc will post $5.43 EPS 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. Cohen Capital Management Inc. acquired a new position in Facebook during the first quarter valued at approximately $121,000. Farmers & Merchants Investments Inc. raised its position in Facebook by 11.9% in the third quarter. Farmers & Merchants Investments Inc. now owns 901 shares of the social networking company’s stock valued at $116,000 after buying an additional 96 shares during the last quarter. Cable Hill Partners LLC raised its position in Facebook by 9.5% in the first quarter. Cable Hill Partners LLC now owns 910 shares of the social networking company’s stock valued at $129,000 after buying an additional 79 shares during the last quarter. Jacobus Wealth Management Inc. acquired a new position in Facebook during the third quarter valued at approximately $121,000. Finally, Hemenway Trust Co LLC acquired a new position in Facebook during the fourth quarter valued at approximately $109,000. Institutional investors and hedge funds own 57.00% of the company’s stock.

A number of research analysts have issued reports on FB shares. Vetr raised shares of Facebook from a “buy” rating to a “strong-buy” rating and set a $129.91 price target for the company in a report on Monday, January 2nd. Goldman Sachs Group Inc reaffirmed a “buy” rating and issued a $162.00 price target on shares of Facebook in a report on Thursday, December 29th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $150.00 price target on shares of Facebook in a report on Wednesday, February 22nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $155.00 price target on shares of Facebook in a report on Monday, January 30th. Finally, Pivotal Research cut shares of Facebook from a “buy” rating to a “hold” rating and decreased their price target for the stock from $147.00 to $135.00 in a report on Thursday, February 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, thirty-eight have given a buy rating and four have issued a strong buy rating to the stock. Facebook currently has an average rating of “Buy” and an average price target of $157.25.

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.

5 Day Chart for NASDAQ:FB

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