Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg sold 232,138 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $183.08, for a total transaction of $42,499,825.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Wednesday, November 15th, Mark Zuckerberg sold 238,715 shares of Facebook stock. The shares were sold at an average price of $178.03, for a total transaction of $42,498,431.45.
  • On Wednesday, October 11th, Mark Zuckerberg sold 123,485 shares of Facebook stock. The shares were sold at an average price of $172.08, for a total transaction of $21,249,298.80.
  • On Thursday, October 12th, Mark Zuckerberg sold 246,237 shares of Facebook stock. The shares were sold at an average price of $172.60, for a total transaction of $42,500,506.20.
  • On Monday, October 2nd, Mark Zuckerberg sold 249,527 shares of Facebook stock. The shares were sold at an average price of $170.32, for a total transaction of $42,499,438.64.
  • On Wednesday, September 20th, Mark Zuckerberg sold 247,452 shares of Facebook stock. The shares were sold at an average price of $171.75, for a total transaction of $42,499,881.00.
  • On Friday, September 8th, Mark Zuckerberg sold 247,147 shares of Facebook stock. The shares were sold at an average price of $171.96, for a total transaction of $42,499,398.12.

Facebook Inc (FB) traded up $2.05 on Thursday, reaching $177.18. 25,291,808 shares of the company’s stock traded hands, compared to its average volume of 16,870,920. The company has a market cap of $530,077.50, a PE ratio of 35.15, a P/E/G ratio of 1.16 and a beta of 0.67. Facebook Inc has a 1-year low of $114.00 and a 1-year high of $184.25.

Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.31. The business had revenue of $10.33 billion for the quarter, compared to analysts’ expectations of $9.84 billion. Facebook had a net margin of 41.69% and a return on equity of 23.64%. The business’s revenue for the quarter was up 47.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.09 EPS. sell-side analysts anticipate that Facebook Inc will post 5.86 earnings per share for the current year.

Several research analysts have commented on FB shares. Goldman Sachs Group set a $205.00 price target on shares of Facebook and gave the stock a “buy” rating in a research note on Friday, October 20th. Morgan Stanley set a $200.00 price target on shares of Facebook and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Wedbush set a $225.00 target price on shares of Facebook and gave the stock a “buy” rating in a research note on Monday, October 30th. Needham & Company LLC lifted their target price on shares of Facebook from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, Vetr raised shares of Facebook from a “hold” rating to a “buy” rating and set a $174.15 target price on the stock in a research note on Monday, August 28th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, forty-two have issued a buy rating and three have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $198.31.

A number of institutional investors and hedge funds have recently bought and sold shares of FB. Moisand Fitzgerald Tamayo LLC purchased a new stake in Facebook in the 3rd quarter worth approximately $111,000. D. Scott Neal Inc. increased its holdings in Facebook by 1,358.0% in the 2nd quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock worth $110,000 after acquiring an additional 679 shares in the last quarter. Farmers & Merchants Investments Inc. increased its holdings in Facebook by 4.4% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 809 shares of the social networking company’s stock worth $122,000 after acquiring an additional 34 shares in the last quarter. Stelac Advisory Services LLC purchased a new stake in Facebook in the 3rd quarter worth approximately $152,000. Finally, Pacific Center for Financial Services increased its holdings in Facebook by 10.7% in the 1st quarter. Pacific Center for Financial Services now owns 910 shares of the social networking company’s stock worth $129,000 after acquiring an additional 88 shares in the last quarter. Institutional investors and hedge funds own 58.17% 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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