Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 237,823 shares of the business’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $182.75, for a total transaction of $43,462,153.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Monday, August 19th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $186.36, for a total transaction of $23,406,816.00.
  • On Wednesday, August 21st, Mark Zuckerberg sold 122,375 shares of Facebook stock. The stock was sold at an average price of $184.73, for a total transaction of $22,606,333.75.
  • On Monday, August 12th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $186.10, for a total transaction of $23,374,160.00.
  • On Wednesday, August 14th, Mark Zuckerberg sold 7,500 shares of Facebook stock. The stock was sold at an average price of $181.95, for a total transaction of $1,364,625.00.
  • On Friday, August 9th, Mark Zuckerberg sold 133,100 shares of Facebook stock. The stock was sold at an average price of $188.66, for a total transaction of $25,110,646.00.
  • On Monday, August 5th, Mark Zuckerberg sold 112,190 shares of Facebook stock. The stock was sold at an average price of $182.37, for a total transaction of $20,460,090.30.
  • On Wednesday, August 7th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $184.50, for a total transaction of $23,173,200.00.

Shares of FB opened at $183.55 on Thursday. The company has a market cap of $524.09 billion, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. Facebook, Inc. has a twelve month low of $123.02 and a twelve month high of $208.66. The company has a quick ratio of 4.47, a current ratio of 4.47 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average of $194.09 and a two-hundred day moving average of $180.80.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, July 24th. The social networking company reported $1.99 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.90 by $0.09. The company had revenue of $16.89 billion during the quarter, compared to the consensus estimate of $16.49 billion. Facebook had a net margin of 27.26% and a return on equity of 20.09%. Facebook’s revenue was up 27.6% compared to the same quarter last year. During the same period last year, the firm earned $1.74 earnings per share. On average, sell-side analysts expect that Facebook, Inc. will post 7.96 EPS for the current year.

Several analysts have commented on the stock. Credit Suisse Group boosted their price target on shares of Facebook from $235.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Pivotal Research restated a “buy” rating and set a $225.00 target price (up from $220.00) on shares of Facebook in a research report on Thursday, July 25th. Argus upped their target price on shares of Facebook from $206.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Mizuho upped their target price on shares of Facebook from $230.00 to $247.00 and gave the company a “buy” rating in a research report on Thursday, July 25th. Finally, Nomura upped their target price on shares of Facebook from $226.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and forty-two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $220.92.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cantor Fitzgerald Investment Adviser L.P. purchased a new position in shares of Facebook in the second quarter worth $205,000. Executive Wealth Management LLC purchased a new position in shares of Facebook in the fourth quarter worth $5,196,000. Ruggie Capital Group raised its holdings in shares of Facebook by 53.8% in the fourth quarter. Ruggie Capital Group now owns 446 shares of the social networking company’s stock worth $58,000 after buying an additional 156 shares during the last quarter. Heritage Investors Management Corp raised its holdings in shares of Facebook by 13.1% in the fourth quarter. Heritage Investors Management Corp now owns 36,210 shares of the social networking company’s stock worth $4,747,000 after buying an additional 4,190 shares during the last quarter. Finally, Quantamental Technologies LLC purchased a new position in shares of Facebook in the fourth quarter worth $80,000. Institutional investors own 62.44% of the company’s stock.

Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

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