Facebook Inc (FB) VP Sells $105,952.50 in Stock

Facebook Inc (NASDAQ:FB) VP Colin Stretch sold 750 shares of the stock in a transaction dated Tuesday, April 18th. The stock was sold at an average price of $141.27, for a total transaction of $105,952.50. Following the completion of the transaction, the vice president now owns 81,330 shares of the company’s stock, valued at $11,489,489.10. The sale was disclosed in a document filed with the SEC, which is available through this link.

Colin Stretch also recently made the following trade(s):

  • On Tuesday, April 11th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $140.66, for a total transaction of $105,495.00.
  • On Tuesday, April 4th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $141.77, for a total transaction of $106,327.50.
  • On Tuesday, March 28th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $140.57, for a total transaction of $105,427.50.
  • On Tuesday, March 21st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $141.39, for a total transaction of $106,042.50.
  • On Tuesday, February 7th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $132.37, for a total transaction of $99,277.50.
  • On Tuesday, January 31st, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $130.28, for a total transaction of $97,710.00.
  • On Tuesday, January 24th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $129.47, for a total transaction of $97,102.50.

Shares of Facebook Inc (NASDAQ:FB) traded down 0.031% on Friday, reaching $143.755. The company’s stock had a trading volume of 3,150,668 shares. The stock has a market capitalization of $415.45 billion, a P/E ratio of 41.155 and a beta of 0.68. The company has a 50 day moving average of $140.15 and a 200 day moving average of $129.41. Facebook Inc has a 1-year low of $106.31 and a 1-year high of $144.25. Facebook also was the recipient of some unusual options trading on Tuesday. Traders bought 78,065 put options on the stock. This represents an increase of 109% compared to the typical daily volume of 37,299 put options.



Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, February 1st. The social networking company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.31 by $0.10. Facebook had a return on equity of 19.05% and a net margin of 34.33%. The firm had revenue of $8.81 billion for the quarter, compared to analysts’ expectations of $8.47 billion. During the same period last year, the firm earned $0.79 EPS. The firm’s revenue was up 50.8% compared to the same quarter last year. Equities research analysts expect that Facebook Inc will post $5.44 earnings per share for the current fiscal year.

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

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A number of hedge funds have recently bought and sold shares of FB. Anderson Hoagland & Co. purchased a new position in shares of Facebook during the third quarter valued at about $1,601,000. Rothschild Investment Corp IL boosted its position in shares of Facebook by 1.4% in the third quarter. Rothschild Investment Corp IL now owns 41,929 shares of the social networking company’s stock valued at $5,378,000 after buying an additional 562 shares during the period. AMI Asset Management Corp purchased a new position in shares of Facebook during the third quarter valued at about $218,000. Evanson Asset Management LLC boosted its position in shares of Facebook by 10.4% in the third quarter. Evanson Asset Management LLC now owns 378,975 shares of the social networking company’s stock valued at $48,611,000 after buying an additional 35,606 shares during the period. Finally, BKD Wealth Advisors LLC boosted its position in shares of Facebook by 72.7% in the third quarter. BKD Wealth Advisors LLC now owns 6,195 shares of the social networking company’s stock valued at $795,000 after buying an additional 2,607 shares during the period. Hedge funds and other institutional investors own 57.00% of the company’s stock.

A number of analysts have weighed in on FB shares. Stifel Nicolaus restated a “buy” rating and set a $155.00 price objective on shares of Facebook in a research note on Monday, January 30th. Robert W. Baird reaffirmed an “outperform” rating on shares of Facebook in a report on Tuesday, March 7th. Wells Fargo & Co reaffirmed an “overweight” rating on shares of Facebook in a report on Wednesday. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $142.00 price target on shares of Facebook in a report on Thursday, December 29th. Finally, Credit Suisse Group AG reaffirmed an “outperform” rating and set a $165.00 price target (down previously from $170.00) on shares of Facebook in a report on Wednesday, January 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirty-six have assigned a buy rating and four have assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $157.91.

Facebook Company Profile

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

5 Day Chart for NASDAQ:FB

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