Trust Investment Advisors cut its stake in shares of Facebook, Inc. Common Stock (NASDAQ:FB) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,722 shares of the social networking company’s stock after selling 273 shares during the quarter. Trust Investment Advisors’ holdings in Facebook, Inc. Common Stock were worth $1,074,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Taylor Hoffman Wealth Management bought a new position in Facebook, Inc. Common Stock in the 4th quarter worth approximately $103,000. Santori & Peters Inc. bought a new position in Facebook, Inc. Common Stock in the 4th quarter worth approximately $116,000. Risk Paradigm Group LLC grew its holdings in Facebook, Inc. Common Stock by 81.4% in the 4th quarter. Risk Paradigm Group LLC now owns 655 shares of the social networking company’s stock worth $116,000 after buying an additional 294 shares in the last quarter. Wagner Wealth Management LLC bought a new position in Facebook, Inc. Common Stock in the 4th quarter worth approximately $183,000. Finally, BHK Investment Advisors LLC bought a new position in Facebook, Inc. Common Stock in the 1st quarter worth approximately $202,000. 60.41% of the stock is owned by institutional investors.

FB has been the subject of a number of recent analyst reports. Raymond James lowered Facebook, Inc. Common Stock from a “strong-buy” rating to an “outperform” rating and set a $210.00 price objective for the company. in a report on Thursday, July 26th. MKM Partners decreased their price objective on Facebook, Inc. Common Stock to $230.00 and set a “buy” rating for the company in a report on Thursday, August 2nd. Royal Bank of Canada reissued a “buy” rating and issued a $225.00 price objective on shares of Facebook, Inc. Common Stock in a report on Monday, August 20th. Wells Fargo & Co reissued a “buy” rating and issued a $220.00 price objective on shares of Facebook, Inc. Common Stock in a report on Thursday, August 23rd. Finally, Stifel Nicolaus increased their price objective on Facebook, Inc. Common Stock from $202.00 to $242.00 and gave the stock a “buy” rating in a report on Friday, July 20th. Four analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-seven have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $206.33.

In other news, insider Christopher K. Cox sold 5,300 shares of the stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $171.28, for a total value of $907,784.00. Following the completion of the sale, the insider now owns 134,737 shares in the company, valued at $23,077,753.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Colin Stretch sold 750 shares of the stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $192.55, for a total value of $144,412.50. Following the completion of the sale, the vice president now owns 92,365 shares of the company’s stock, valued at approximately $17,784,880.75. The disclosure for this sale can be found here. Insiders have sold a total of 11,290,837 shares of company stock valued at $2,181,968,959 in the last quarter. Insiders own 17.23% of the company’s stock.

Shares of NASDAQ:FB opened at $163.04 on Friday. Facebook, Inc. Common Stock has a one year low of $149.02 and a one year high of $218.62. The firm has a market cap of $473.63 billion, a PE ratio of 22.58, a P/E/G ratio of 1.04 and a beta of 0.49.

Facebook, Inc. Common Stock (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, July 25th. The social networking company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $13.35 billion. During the same quarter last year, the company posted $1.32 EPS. Facebook, Inc. Common Stock’s revenue was up 41.9% on a year-over-year basis. sell-side analysts forecast that Facebook, Inc. Common Stock will post 7.08 earnings per share for the current fiscal year.

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.

Further Reading: How Do You Calculate Return on Investment (ROI)?

Want to see what other hedge funds are holding FB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Facebook, Inc. Common Stock (NASDAQ:FB).

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

Receive News & Ratings for Facebook Inc. Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook Inc. Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.