Diversified Trust Co cut its holdings in Facebook, Inc. Common Stock (NASDAQ:FB) by 2.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,704 shares of the social networking company’s stock after selling 381 shares during the quarter. Diversified Trust Co’s holdings in Facebook, Inc. Common Stock were worth $2,190,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Ashburton Jersey Ltd boosted its stake in Facebook, Inc. Common Stock by 9.1% in the 1st quarter. Ashburton Jersey Ltd now owns 4,089 shares of the social networking company’s stock worth $653,000 after purchasing an additional 340 shares in the last quarter. Trilogy Capital Inc. bought a new position in Facebook, Inc. Common Stock in the 1st quarter worth about $262,000. Financial Gravity Wealth Inc. bought a new position in Facebook, Inc. Common Stock in the 1st quarter worth about $229,000. Quad Cities Investment Group LLC bought a new position in Facebook, Inc. Common Stock in the 1st quarter worth about $1,141,000. Finally, Edmonds Duncan Registered Investment Advisors LLC bought a new position in Facebook, Inc. Common Stock in the 1st quarter worth about $252,000. 60.41% of the stock is currently owned by hedge funds and other institutional investors.

Facebook, Inc. Common Stock stock opened at $163.04 on Friday. The company has a market capitalization of $472.15 billion, a P/E ratio of 26.47, a PEG ratio of 1.04 and a beta of 0.49. Facebook, Inc. Common Stock has a 12-month low of $149.02 and a 12-month high of $218.62.

Facebook, Inc. Common Stock (NASDAQ:FB) last released its earnings results on Wednesday, July 25th. The social networking company reported $1.74 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.75 by ($0.01). The firm had revenue of $13.23 billion during the quarter, compared to analysts’ expectations of $13.35 billion. Facebook, Inc. Common Stock had a return on equity of 28.16% and a net margin of 39.31%. The company’s revenue was up 41.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.32 earnings per share. analysts predict that Facebook, Inc. Common Stock will post 7.08 earnings per share for the current fiscal year.

In other Facebook, Inc. Common Stock news, insider Christopher K. Cox sold 5,300 shares of the stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $171.28, for a total transaction of $907,784.00. Following the completion of the sale, the insider now directly owns 134,737 shares of the company’s stock, valued at approximately $23,077,753.36. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Mark Zuckerberg sold 220,000 shares of the stock in a transaction that occurred on Monday, June 11th. The shares were sold at an average price of $191.06, for a total transaction of $42,033,200.00. The disclosure for this sale can be found here. Insiders sold a total of 11,290,837 shares of company stock valued at $2,181,968,959 over the last three months. 17.23% of the stock is currently owned by insiders.

FB has been the topic of several research analyst reports. Zacks Investment Research cut shares of Facebook, Inc. Common Stock from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 11th. BidaskClub cut shares of Facebook, Inc. Common Stock from a “buy” rating to a “hold” rating in a research note on Thursday. ValuEngine upgraded shares of Facebook, Inc. Common Stock from a “hold” rating to a “buy” rating in a research note on Friday, July 6th. Barclays reiterated a “buy” rating and issued a $190.00 price objective on shares of Facebook, Inc. Common Stock in a research note on Wednesday, June 27th. Finally, Macquarie reiterated a “buy” rating and issued a $200.00 price objective on shares of Facebook, Inc. Common Stock in a research note on Wednesday, June 27th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirty-seven have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $206.33.

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

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