Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg Sells 125,600 Shares

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the company’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $188.70, for a total transaction of $23,700,720.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Monday, October 14th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $183.62, for a total transaction of $21,758,970.00.
  • On Friday, October 11th, Mark Zuckerberg sold 124,682 shares of Facebook stock. The stock was sold at an average price of $184.93, for a total transaction of $23,057,442.26.
  • On Monday, October 7th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $180.03, for a total transaction of $21,333,555.00.
  • On Wednesday, October 9th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $179.45, for a total transaction of $21,264,825.00.
  • On Friday, October 4th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $179.87, for a total transaction of $21,314,595.00.
  • On Monday, September 30th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $177.75, for a total transaction of $21,063,375.00.
  • On Wednesday, October 2nd, Mark Zuckerberg sold 76,484 shares of Facebook stock. The stock was sold at an average price of $175.34, for a total transaction of $13,410,704.56.
  • On Friday, September 27th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $178.00, for a total transaction of $21,093,000.00.
  • On Monday, September 23rd, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.02, for a total transaction of $23,489,712.00.
  • On Wednesday, September 25th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $180.93, for a total transaction of $21,440,205.00.

Facebook stock opened at $189.55 on Thursday. Facebook, Inc. has a twelve month low of $123.02 and a twelve month high of $208.66. The firm has a 50 day moving average price of $184.01 and a 200-day moving average price of $185.68. The company has a market capitalization of $522.89 billion, a P/E ratio of 31.06, a P/E/G ratio of 1.07 and a beta of 1.02. The company has a quick ratio of 4.47, a current ratio of 4.47 and a debt-to-equity ratio of 0.08.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, July 24th. The social networking company reported $1.99 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.09. Facebook had a net margin of 27.26% and a return on equity of 20.09%. The firm had revenue of $16.89 billion during the quarter, compared to the consensus estimate of $16.49 billion. During the same period in the prior year, the firm earned $1.74 EPS. The company’s revenue was up 27.6% compared to the same quarter last year. Equities analysts expect that Facebook, Inc. will post 7.99 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the company. Financial Consulate Inc. purchased a new stake in shares of Facebook during the 3rd quarter valued at approximately $202,000. Vigilant Capital Management LLC lifted its stake in Facebook by 38.9% in the 3rd quarter. Vigilant Capital Management LLC now owns 903 shares of the social networking company’s stock worth $161,000 after purchasing an additional 253 shares in the last quarter. Baltimore Washington Financial Advisors Inc. lifted its stake in Facebook by 0.7% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 47,417 shares of the social networking company’s stock worth $8,444,000 after purchasing an additional 340 shares in the last quarter. Bouchey Financial Group Ltd purchased a new stake in Facebook in the 3rd quarter worth approximately $218,000. Finally, Enlightenment Research LLC purchased a new stake in Facebook in the 3rd quarter worth approximately $2,208,000. 63.22% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently weighed in on FB. BidaskClub upgraded shares of Facebook from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. SunTrust Banks restated a “buy” rating and issued a $215.00 target price on shares of Facebook in a report on Tuesday, July 23rd. Pivotal Research restated a “buy” rating and issued a $225.00 target price (up previously from $220.00) on shares of Facebook in a report on Thursday, July 25th. Mizuho upped their target price on shares of Facebook from $230.00 to $247.00 and gave the stock a “buy” rating in a report on Thursday, July 25th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $260.00 target price on shares of Facebook in a report on Thursday, July 25th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and forty-one have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $222.32.

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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