Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 68,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 7th. The shares were sold at an average price of $310.73, for a total transaction of $21,129,640.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, April 5th, Mark Zuckerberg sold 8,000 shares of Facebook stock. The shares were sold at an average price of $307.20, for a total transaction of $2,457,600.00.
  • On Wednesday, March 31st, Mark Zuckerberg sold 56,250 shares of Facebook stock. The shares were sold at an average price of $294.06, for a total transaction of $16,540,875.00.
  • On Friday, March 26th, Mark Zuckerberg sold 56,250 shares of Facebook stock. The shares were sold at an average price of $281.21, for a total transaction of $15,818,062.50.
  • On Wednesday, March 24th, Mark Zuckerberg sold 56,250 shares of Facebook stock. The shares were sold at an average price of $287.14, for a total transaction of $16,151,625.00.
  • On Monday, March 22nd, Mark Zuckerberg sold 50,000 shares of Facebook stock. The shares were sold at an average price of $294.79, for a total transaction of $14,739,500.00.
  • On Friday, March 19th, Mark Zuckerberg sold 56,250 shares of Facebook stock. The shares were sold at an average price of $288.21, for a total transaction of $16,211,812.50.
  • On Monday, March 15th, Mark Zuckerberg sold 45,758 shares of Facebook stock. The shares were sold at an average price of $272.72, for a total transaction of $12,479,121.76.
  • On Wednesday, March 17th, Mark Zuckerberg sold 6,250 shares of Facebook stock. The shares were sold at an average price of $280.57, for a total transaction of $1,753,562.50.
  • On Friday, March 12th, Mark Zuckerberg sold 44,750 shares of Facebook stock. The shares were sold at an average price of $266.69, for a total transaction of $11,934,377.50.
  • On Monday, March 8th, Mark Zuckerberg sold 4,750 shares of Facebook stock. The shares were sold at an average price of $260.99, for a total transaction of $1,239,702.50.

FB traded up $6.83 during mid-day trading on Wednesday, reaching $313.09. 22,530,430 shares of the stock were exchanged, compared to its average volume of 20,829,771. The stock has a market capitalization of $891.58 billion, a PE ratio of 35.66, a price-to-earnings-growth ratio of 1.29 and a beta of 1.18. The company has a 50 day moving average price of $275.55 and a two-hundred day moving average price of $271.28. Facebook, Inc. has a 1 year low of $167.74 and a 1 year high of $314.25.

Facebook (NASDAQ:FB) last posted its quarterly earnings data on Wednesday, January 27th. The social networking company reported $3.88 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.24 by $0.64. The firm had revenue of $28.10 million for the quarter, compared to the consensus estimate of $26.43 billion. Facebook had a net margin of 32.00% and a return on equity of 23.27%. The business’s revenue for the quarter was up 33.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.56 EPS. On average, equities research analysts expect that Facebook, Inc. will post 9.39 earnings per share for the current fiscal year.

Several research analysts have issued reports on the stock. Truist raised their price target on shares of Facebook from $320.00 to $333.00 in a report on Thursday, January 28th. Jefferies Financial Group restated a “buy” rating and set a $350.00 price target on shares of Facebook in a report on Thursday, January 28th. Mizuho restated a “buy” rating and set a $350.00 price target on shares of Facebook in a report on Thursday, January 28th. Zacks Investment Research lowered shares of Facebook from a “buy” rating to a “hold” rating and set a $308.00 price target for the company. in a report on Tuesday, March 23rd. Finally, BMO Capital Markets raised their price objective on shares of Facebook from $325.00 to $335.00 and gave the stock an “outperform” rating in a research report on Thursday, January 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-seven have issued a buy rating and one has assigned a strong buy rating to the stock. Facebook has a consensus rating of “Buy” and an average price target of $327.15.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WC Walker & Associates Inc. raised its stake in shares of Facebook by 0.6% during the 1st quarter. WC Walker & Associates Inc. now owns 11,832 shares of the social networking company’s stock worth $3,624,000 after purchasing an additional 68 shares during the period. Thompson Investment Management Inc. raised its stake in shares of Facebook by 3.1% during the 1st quarter. Thompson Investment Management Inc. now owns 27,165 shares of the social networking company’s stock worth $8,001,000 after purchasing an additional 827 shares during the period. Chesley Taft & Associates LLC raised its stake in shares of Facebook by 0.3% during the 1st quarter. Chesley Taft & Associates LLC now owns 43,212 shares of the social networking company’s stock worth $13,349,000 after purchasing an additional 118 shares during the period. Carroll Financial Associates Inc. raised its stake in shares of Facebook by 53.5% during the 1st quarter. Carroll Financial Associates Inc. now owns 7,770 shares of the social networking company’s stock worth $2,288,000 after purchasing an additional 2,708 shares during the period. Finally, Private Trust Co. NA raised its stake in shares of Facebook by 1.0% during the 1st quarter. Private Trust Co. NA now owns 25,972 shares of the social networking company’s stock worth $7,649,000 after purchasing an additional 251 shares during the period. Institutional investors own 64.95% of the company’s stock.

Facebook Company Profile

Facebook, Inc develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices 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 private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used 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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