Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of Facebook stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $173.58, for a total transaction of $130,185.00. Following the transaction, the vice president now directly owns 94,091 shares of the company’s stock, valued at $16,332,315.78. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Tuesday, September 5th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.59, for a total transaction of $128,692.50.
  • On Tuesday, August 29th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $166.85, for a total transaction of $125,137.50.
  • On Tuesday, August 22nd, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $168.25, for a total transaction of $126,187.50.
  • On Tuesday, August 15th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.15, for a total transaction of $128,362.50.
  • On Tuesday, August 8th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.88, for a total transaction of $128,910.00.
  • On Tuesday, August 1st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $169.93, for a total transaction of $127,447.50.
  • On Tuesday, July 25th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $165.29, for a total transaction of $123,967.50.
  • On Tuesday, July 18th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $159.87, for a total transaction of $119,902.50.
  • On Tuesday, July 11th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $153.36, for a total transaction of $115,020.00.
  • On Wednesday, July 5th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $149.00, for a total transaction of $111,750.00.

Facebook, Inc. (NASDAQ FB) opened at 171.64 on Friday. Facebook, Inc. has a 12 month low of $113.55 and a 12 month high of $175.49. The stock has a market cap of $498.48 billion, a PE ratio of 38.42 and a beta of 0.76. The stock has a 50 day moving average price of $170.10 and a 200-day moving average price of $153.80.

Facebook (NASDAQ:FB) last announced its quarterly earnings results on Wednesday, July 26th. The social networking company reported $1.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.19. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The company had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.19 billion. During the same quarter in the previous year, the firm posted $0.97 EPS. The firm’s quarterly revenue was up 44.8% on a year-over-year basis. On average, analysts expect that Facebook, Inc. will post $5.33 EPS for the current year.

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Several equities research analysts recently commented on FB shares. Canaccord Genuity reissued a “buy” rating and issued a $175.00 price target on shares of Facebook in a report on Friday, June 16th. Vetr lowered shares of Facebook from a “buy” rating to a “hold” rating and set a $156.06 price target for the company. in a report on Thursday, May 25th. Cantor Fitzgerald set a $180.00 price target on shares of Facebook and gave the stock a “buy” rating in a report on Tuesday, June 20th. Robert W. Baird reissued a “buy” rating and issued a $185.00 price target on shares of Facebook in a report on Friday, September 1st. Finally, Moffett Nathanson reissued a “buy” rating on shares of Facebook in a report on Friday, June 9th. Two analysts have rated the stock with a sell rating, three have given a hold rating, forty-three have assigned a buy rating and three have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $183.74.

Institutional investors have recently made changes to their positions in the company. Mutual of America Capital Management LLC lifted its holdings in shares of Facebook by 2.4% in the first quarter. Mutual of America Capital Management LLC now owns 284,167 shares of the social networking company’s stock valued at $40,366,000 after buying an additional 6,740 shares during the period. Grand Jean Capital Management Inc. lifted its holdings in shares of Facebook by 14.3% in the first quarter. Grand Jean Capital Management Inc. now owns 127,250 shares of the social networking company’s stock valued at $18,076,000 after buying an additional 15,910 shares during the period. Altfest L J & Co. Inc. lifted its holdings in shares of Facebook by 0.9% in the second quarter. Altfest L J & Co. Inc. now owns 13,477 shares of the social networking company’s stock valued at $2,035,000 after buying an additional 116 shares during the period. Segment Wealth Management LLC lifted its holdings in shares of Facebook by 157.5% in the first quarter. Segment Wealth Management LLC now owns 7,333 shares of the social networking company’s stock valued at $1,042,000 after buying an additional 4,485 shares during the period. Finally, Howard Capital Management lifted its holdings in shares of Facebook by 2.8% in the first quarter. Howard Capital Management now owns 134,712 shares of the social networking company’s stock valued at $19,136,000 after buying an additional 3,726 shares during the period. Institutional investors and hedge funds own 57.30% of the company’s stock.

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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