Traders purchased shares of Facebook, Inc. Common Stock (NASDAQ:FB) on weakness during trading on Thursday following insider selling activity. $1,000.61 million flowed into the stock on the tick-up and $850.86 million flowed out of the stock on the tick-down, for a money net flow of $149.75 million into the stock. Of all equities tracked, Facebook, Inc. Common Stock had the 5th highest net in-flow for the day. Facebook, Inc. Common Stock traded down ($3.16) for the day and closed at $188.18Specifically, CEO Mark Zuckerberg sold 237,000 shares of the stock in a transaction dated Monday, June 4th. The shares were sold at an average price of $192.99, for a total transaction of $45,738,630.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Colin Stretch sold 750 shares of the stock in a transaction dated Wednesday, June 6th. The stock was sold at an average price of $191.00, for a total transaction of $143,250.00. Following the sale, the vice president now directly owns 93,115 shares in the company, valued at approximately $17,784,965. The disclosure for this sale can be found here. Insiders sold 13,247,174 shares of company stock worth $2,368,508,755 in the last ninety days. 17.23% of the stock is currently owned by corporate insiders.

Several analysts have recently issued reports on FB shares. ValuEngine raised shares of Facebook, Inc. Common Stock from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Macquarie reissued a “buy” rating and set a $200.00 price target on shares of Facebook, Inc. Common Stock in a research report on Tuesday, March 20th. Zacks Investment Research cut shares of Facebook, Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Wednesday, April 11th. JPMorgan Chase & Co. reissued a “buy” rating and set a $242.00 price target on shares of Facebook, Inc. Common Stock in a research report on Tuesday, April 10th. Finally, Wedbush set a $260.00 price target on shares of Facebook, Inc. Common Stock and gave the stock a “buy” rating in a research report on Monday, April 16th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, thirty-nine have given a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $217.74.

The company has a market cap of $560.49 billion, a P/E ratio of 30.55, a P/E/G ratio of 1.03 and a beta of 0.84.

Facebook, Inc. Common Stock (NASDAQ:FB) last announced its quarterly earnings results on Wednesday, April 25th. The social networking company reported $1.69 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.44. The company had revenue of $11.97 billion for the quarter, compared to analyst estimates of $11.41 billion. Facebook, Inc. Common Stock had a net margin of 40.03% and a return on equity of 27.74%. The firm’s revenue was up 49.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.04 earnings per share. sell-side analysts forecast that Facebook, Inc. Common Stock will post 7.64 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the business. Country Trust Bank grew its position in shares of Facebook, Inc. Common Stock by 550.6% during the fourth quarter. Country Trust Bank now owns 566 shares of the social networking company’s stock worth $100,000 after acquiring an additional 479 shares during the last quarter. Armbruster Capital Management Inc. grew its position in shares of Facebook, Inc. Common Stock by 358.4% during the fourth quarter. Armbruster Capital Management Inc. now owns 573 shares of the social networking company’s stock worth $101,000 after acquiring an additional 448 shares during the last quarter. Taylor Hoffman Wealth Management purchased a new position in shares of Facebook, Inc. Common Stock during the fourth quarter worth approximately $103,000. Price Wealth Management Inc. purchased a new position in shares of Facebook, Inc. Common Stock during the fourth quarter worth approximately $105,000. Finally, Goodman Financial Corp purchased a new position in shares of Facebook, Inc. Common Stock during the fourth quarter worth approximately $115,000. Institutional investors own 59.28% of the company’s stock.

Facebook, Inc. Common Stock Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

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