Mark Zuckerberg Sells 118,100 Shares of Facebook, Inc. (NASDAQ:FB) Stock

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 118,100 shares of Facebook stock in a transaction on Friday, November 8th. The shares were sold at an average price of $190.99, for a total transaction of $22,555,919.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Monday, November 4th, Mark Zuckerberg sold 139,900 shares of Facebook stock. The shares were sold at an average price of $195.40, for a total transaction of $27,336,460.00.
  • On Wednesday, November 6th, Mark Zuckerberg sold 122,855 shares of Facebook stock. The shares were sold at an average price of $192.22, for a total transaction of $23,615,188.10.
  • On Friday, November 1st, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $192.55, for a total transaction of $24,184,280.00.
  • On Monday, October 28th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $188.04, for a total transaction of $23,617,824.00.
  • On Wednesday, October 30th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $187.88, for a total transaction of $23,597,728.00.
  • On Friday, October 25th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $187.67, for a total transaction of $23,571,352.00.
  • On Monday, October 21st, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $188.75, for a total transaction of $23,707,000.00.
  • On Wednesday, October 23rd, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $184.78, for a total transaction of $23,208,368.00.
  • On Friday, October 18th, Mark Zuckerberg sold 7,500 shares of Facebook stock. The shares were sold at an average price of $187.62, for a total transaction of $1,407,150.00.
  • On Monday, October 14th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $183.62, for a total transaction of $21,758,970.00.

Shares of Facebook stock opened at $193.19 on Thursday. 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 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.09. The company has a 50-day simple moving average of $185.63 and a two-hundred day simple moving average of $187.49. The stock has a market capitalization of $544.23 billion, a price-to-earnings ratio of 25.52, a price-to-earnings-growth ratio of 1.08 and a beta of 1.05.

Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, October 30th. The social networking company reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.21. Facebook had a net margin of 27.08% and a return on equity of 20.39%. The business had revenue of $17.65 billion during the quarter, compared to analysts’ expectations of $17.35 billion. During the same quarter in the previous year, the company earned $1.76 EPS. The business’s revenue was up 28.6% on a year-over-year basis. On average, sell-side analysts anticipate that Facebook, Inc. will post 8.57 earnings per share for the current fiscal year.

A number of research analysts have recently commented on the stock. Credit Suisse Group reissued an “outperform” rating and issued a $270.00 price objective (up previously from $260.00) on shares of Facebook in a research report on Thursday, October 31st. Rosenblatt Securities set a $242.00 price objective on shares of Facebook and gave the company a “buy” rating in a research report on Tuesday, October 15th. Morgan Stanley lifted their price objective on shares of Facebook from $235.00 to $250.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Wells Fargo & Co set a $260.00 price objective on shares of Facebook and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Wedbush decreased their price objective on shares of Facebook from $265.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and forty-one have issued a buy rating to the company’s stock. Facebook presently has a consensus rating of “Buy” and a consensus target price of $228.33.

Institutional investors have recently modified their holdings of the business. Financial Advantage Inc. acquired a new position in Facebook during the 3rd quarter worth approximately $28,000. Cordasco Financial Network increased its position in Facebook by 70.0% during the 2nd quarter. Cordasco Financial Network now owns 170 shares of the social networking company’s stock worth $33,000 after purchasing an additional 70 shares in the last quarter. Shamrock Asset Management LLC acquired a new position in Facebook during the 2nd quarter worth approximately $38,000. Clean Yield Group acquired a new position in Facebook during the 2nd quarter worth approximately $39,000. Finally, Litman Gregory Asset Management LLC acquired a new position in Facebook during the 2nd quarter worth approximately $41,000. Institutional investors and hedge funds own 63.17% of the company’s stock.

About Facebook

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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