Facebook, Inc. (NASDAQ:FB) VP Jennifer Newstead Sells 266 Shares

Facebook, Inc. (NASDAQ:FB) VP Jennifer Newstead sold 266 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $210.14, for a total value of $55,897.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jennifer Newstead also recently made the following trade(s):

  • On Tuesday, February 4th, Jennifer Newstead sold 260 shares of Facebook stock. The shares were sold at an average price of $206.50, for a total transaction of $53,690.00.
  • On Tuesday, January 28th, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $216.14, for a total transaction of $56,196.40.
  • On Tuesday, January 21st, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $222.28, for a total transaction of $57,792.80.
  • On Tuesday, January 14th, Jennifer Newstead sold 260 shares of Facebook stock. The shares were sold at an average price of $221.86, for a total transaction of $57,683.60.
  • On Tuesday, January 7th, Jennifer Newstead sold 260 shares of Facebook stock. The shares were sold at an average price of $212.85, for a total transaction of $55,341.00.
  • On Tuesday, December 17th, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $198.93, for a total transaction of $51,721.80.
  • On Tuesday, December 10th, Jennifer Newstead sold 260 shares of Facebook stock. The stock was sold at an average price of $201.57, for a total transaction of $52,408.20.
  • On Tuesday, December 3rd, Jennifer Newstead sold 260 shares of Facebook stock. The shares were sold at an average price of $197.37, for a total transaction of $51,316.20.
  • On Tuesday, November 26th, Jennifer Newstead sold 260 shares of Facebook stock. The shares were sold at an average price of $200.01, for a total value of $52,002.60.
  • On Tuesday, November 19th, Jennifer Newstead sold 260 shares of Facebook stock. The shares were sold at an average price of $197.40, for a total value of $51,324.00.

Shares of Facebook stock opened at $213.14 on Friday. Facebook, Inc. has a fifty-two week low of $159.28 and a fifty-two week high of $224.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.40 and a current ratio of 4.40. The company has a market capitalization of $607.54 billion, a P/E ratio of 33.10, a P/E/G ratio of 1.27 and a beta of 1.05. The company has a fifty day moving average of $213.29 and a 200 day moving average of $195.87.

Facebook (NASDAQ:FB) last posted its quarterly earnings results on Wednesday, January 29th. The social networking company reported $2.56 EPS for the quarter, beating the Zacks’ consensus estimate of $2.53 by $0.03. Facebook had a return on equity of 19.97% and a net margin of 26.15%. The business had revenue of $21.08 billion for the quarter, compared to analysts’ expectations of $20.90 billion. During the same period last year, the firm earned $2.38 earnings per share. The business’s quarterly revenue was up 24.6% on a year-over-year basis. Analysts forecast that Facebook, Inc. will post 9.28 EPS for the current year.

Several analysts recently commented on the company. Deutsche Bank lifted their price objective on Facebook from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Evercore ISI reissued a “buy” rating and issued a $280.00 target price on shares of Facebook in a report on Thursday, January 30th. Needham & Company LLC reissued a “hold” rating on shares of Facebook in a report on Thursday, January 30th. UBS Group dropped their target price on Facebook from $250.00 to $246.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Finally, Bank of America restated a “buy” rating and set a $250.00 price target (down from $260.00) on shares of Facebook in a research note on Thursday, January 30th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $245.48.

Several large investors have recently added to or reduced their stakes in the stock. FMR LLC boosted its position in Facebook by 3.3% in the fourth quarter. FMR LLC now owns 123,422,389 shares of the social networking company’s stock valued at $25,332,445,000 after buying an additional 3,993,741 shares during the last quarter. California Public Employees Retirement System lifted its stake in shares of Facebook by 32.6% during the third quarter. California Public Employees Retirement System now owns 5,218,412 shares of the social networking company’s stock valued at $929,295,000 after acquiring an additional 1,284,127 shares during the period. Johanson Financial Advisors Inc. boosted its holdings in Facebook by 21,147.8% in the fourth quarter. Johanson Financial Advisors Inc. now owns 1,219,198 shares of the social networking company’s stock valued at $5,940,000 after acquiring an additional 1,213,460 shares during the last quarter. DNB Asset Management AS boosted its holdings in Facebook by 55.4% in the fourth quarter. DNB Asset Management AS now owns 3,163,030 shares of the social networking company’s stock valued at $649,212,000 after acquiring an additional 1,127,759 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its position in Facebook by 52.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 3,106,221 shares of the social networking company’s stock worth $637,552,000 after purchasing an additional 1,072,494 shares during the period. Hedge funds and other institutional investors own 63.91% of the company’s stock.

Facebook Company Profile

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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