Sheryl Sandberg Sells 55,000 Shares of Facebook, Inc. (FB) Stock

Facebook, Inc. (NASDAQ:FB) COO Sheryl Sandberg sold 55,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 8th. The shares were sold at an average price of $141.66, for a total value of $7,791,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Sheryl Sandberg also recently made the following trade(s):

  • On Thursday, December 27th, Sheryl Sandberg sold 55,000 shares of Facebook stock. The stock was sold at an average price of $132.11, for a total value of $7,266,050.00.
  • On Monday, December 10th, Sheryl Sandberg sold 55,000 shares of Facebook stock. The stock was sold at an average price of $140.94, for a total value of $7,751,700.00.
  • On Tuesday, November 27th, Sheryl Sandberg sold 55,000 shares of Facebook stock. The stock was sold at an average price of $135.12, for a total value of $7,431,600.00.
  • On Wednesday, November 14th, Sheryl Sandberg sold 55,000 shares of Facebook stock. The stock was sold at an average price of $143.34, for a total value of $7,883,700.00.
  • On Tuesday, October 23rd, Sheryl Sandberg sold 55,000 shares of Facebook stock. The stock was sold at an average price of $152.90, for a total value of $8,409,500.00.

Shares of NASDAQ:FB opened at $143.80 on Friday. Facebook, Inc. has a 52-week low of $123.02 and a 52-week high of $218.62. The stock has a market capitalization of $418.99 billion, a P/E ratio of 23.34, a PEG ratio of 0.92 and a beta of 0.58.



Facebook (NASDAQ:FB) last issued its earnings results on Tuesday, October 30th. The social networking company reported $1.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.46 by $0.30. Facebook had a net margin of 37.57% and a return on equity of 27.89%. The business had revenue of $13.73 billion during the quarter, compared to the consensus estimate of $13.82 billion. During the same period last year, the business posted $1.59 EPS. Facebook’s revenue was up 32.9% on a year-over-year basis. Equities analysts predict that Facebook, Inc. will post 7.37 earnings per share for the current fiscal year.

A number of large investors have recently modified their holdings of the stock. Capital Insight Partners LLC increased its holdings in shares of Facebook by 5.4% during the second quarter. Capital Insight Partners LLC now owns 13,679 shares of the social networking company’s stock worth $2,658,000 after purchasing an additional 699 shares during the period. CenturyLink Investment Management Co bought a new position in shares of Facebook during the second quarter worth approximately $4,431,000. American National Bank bought a new position in shares of Facebook during the second quarter worth approximately $3,838,000. Verde Servicos Internacionais S.A. bought a new position in shares of Facebook during the second quarter worth approximately $9,585,000. Finally, First Financial Bank Trust Division bought a new position in shares of Facebook during the second quarter worth approximately $232,000. Institutional investors and hedge funds own 58.14% of the company’s stock.

Several brokerages have commented on FB. JPMorgan Chase & Co. upped their target price on shares of Facebook from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Tuesday, September 18th. BidaskClub upgraded shares of Facebook from a “sell” rating to a “hold” rating in a research report on Thursday, September 27th. Aegis upped their target price on shares of Facebook from $206.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, October 31st. Stifel Nicolaus dropped their target price on shares of Facebook from $202.00 to $186.00 and set a “buy” rating for the company in a research report on Wednesday, October 31st. Finally, lowered their price objective on shares of Facebook from $205.00 to $192.00 and set a “buy” rating for the company in a research report on Monday, October 15th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $186.92.

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Facebook Company 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.

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