BDO Wealth Advisors LLC lowered its position in shares of Facebook, Inc. Common Stock (NASDAQ:FB) by 25.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,856 shares of the social networking company’s stock after selling 650 shares during the period. BDO Wealth Advisors LLC’s holdings in Facebook, Inc. Common Stock were worth $297,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Venturi Wealth Management LLC increased its holdings in shares of Facebook, Inc. Common Stock by 8.5% during the fourth quarter. Venturi Wealth Management LLC now owns 3,627 shares of the social networking company’s stock valued at $640,000 after acquiring an additional 284 shares in the last quarter. Harvest Group Wealth Management LLC increased its holdings in shares of Facebook, Inc. Common Stock by 2.4% during the first quarter. Harvest Group Wealth Management LLC now owns 12,430 shares of the social networking company’s stock valued at $1,986,000 after acquiring an additional 286 shares in the last quarter. Risk Paradigm Group LLC increased its holdings in shares of Facebook, Inc. Common Stock by 81.4% during the fourth quarter. Risk Paradigm Group LLC now owns 655 shares of the social networking company’s stock valued at $116,000 after acquiring an additional 294 shares in the last quarter. Security National Trust Co. increased its holdings in Facebook, Inc. Common Stock by 2.3% in the 1st quarter. Security National Trust Co. now owns 13,327 shares of the social networking company’s stock worth $2,129,000 after buying an additional 295 shares in the last quarter. Finally, AMG National Trust Bank increased its holdings in Facebook, Inc. Common Stock by 14.5% in the 4th quarter. AMG National Trust Bank now owns 2,364 shares of the social networking company’s stock worth $417,000 after buying an additional 300 shares in the last quarter. 60.41% of the stock is owned by institutional investors and hedge funds.

Facebook, Inc. Common Stock stock opened at $163.04 on Friday. Facebook, Inc. Common Stock has a 52-week low of $149.02 and a 52-week high of $218.62. The stock has a market cap of $485.66 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 1.07 and a beta of 0.49.

Facebook, Inc. Common Stock (NASDAQ:FB) last posted its quarterly earnings data on Wednesday, July 25th. The social networking company reported $1.74 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.75 by ($0.01). Facebook, Inc. Common Stock had a net margin of 39.31% and a return on equity of 28.16%. The company had revenue of $13.23 billion for the quarter, compared to analysts’ expectations of $13.35 billion. During the same period in the previous year, the firm earned $1.32 earnings per share. The firm’s quarterly revenue was up 41.9% on a year-over-year basis. equities research analysts anticipate that Facebook, Inc. Common Stock will post 7.08 earnings per share for the current year.

In other news, CEO Mark Zuckerberg sold 720,000 shares of Facebook, Inc. Common Stock stock in a transaction dated Wednesday, July 18th. The stock was sold at an average price of $208.56, for a total transaction of $150,163,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Colin Stretch sold 750 shares of Facebook, Inc. Common Stock stock in a transaction dated Wednesday, June 13th. The shares were sold at an average price of $192.55, for a total value of $144,412.50. Following the transaction, the vice president now directly owns 92,365 shares in the company, valued at $17,784,880.75. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,290,837 shares of company stock worth $2,181,968,959. Insiders own 17.23% of the company’s stock.

Several equities research analysts recently commented on the company. ValuEngine downgraded Facebook, Inc. Common Stock from a “hold” rating to a “sell” rating in a report on Friday. BidaskClub downgraded Facebook, Inc. Common Stock from a “buy” rating to a “hold” rating in a report on Thursday. Moffett Nathanson reiterated a “neutral” rating and issued a $105.00 price objective on shares of Facebook, Inc. Common Stock in a report on Tuesday. Royal Bank of Canada reiterated a “buy” rating and issued a $195.00 price objective on shares of Facebook, Inc. Common Stock in a report on Monday, September 3rd. Finally, Robert W. Baird reiterated a “buy” rating and issued a $195.00 price objective on shares of Facebook, Inc. Common Stock in a report on Monday, September 3rd. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirty-seven have assigned a buy rating and one has issued a strong buy rating to the stock. Facebook, Inc. Common Stock has a consensus rating of “Buy” and a consensus price target of $206.33.

About Facebook, Inc. Common Stock

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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Institutional Ownership by Quarter for Facebook, Inc. Common Stock (NASDAQ:FB)

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