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

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $186.36, for a total value of $23,406,816.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Wednesday, August 21st, Mark Zuckerberg sold 122,375 shares of Facebook stock. The shares were sold at an average price of $184.73, for a total value of $22,606,333.75.
  • On Friday, August 16th, Mark Zuckerberg sold 237,823 shares of Facebook stock. The shares were sold at an average price of $182.75, for a total value of $43,462,153.25.
  • On Monday, August 12th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $186.10, for a total value of $23,374,160.00.
  • On Wednesday, August 14th, Mark Zuckerberg sold 7,500 shares of Facebook stock. The shares were sold at an average price of $181.95, for a total value of $1,364,625.00.
  • On Friday, August 9th, Mark Zuckerberg sold 133,100 shares of Facebook stock. The shares were sold at an average price of $188.66, for a total value of $25,110,646.00.
  • On Monday, August 5th, Mark Zuckerberg sold 112,190 shares of Facebook stock. The shares were sold at an average price of $182.37, for a total value of $20,460,090.30.
  • On Wednesday, August 7th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $184.50, for a total value of $23,173,200.00.

FB stock traded down $0.26 on Wednesday, reaching $183.55. 7,310,884 shares of the company’s stock were exchanged, compared to its average volume of 17,875,559. The stock has a fifty day moving average of $194.09 and a 200-day moving average of $180.80. Facebook, Inc. has a twelve month low of $123.02 and a twelve month high of $208.66. The firm has a market cap of $524.09 billion, a PE ratio of 24.25, a P/E/G ratio of 1.08 and a beta of 0.99. 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 announced its quarterly earnings data on Wednesday, July 24th. The social networking company reported $1.99 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.90 by $0.09. Facebook had a return on equity of 20.09% and a net margin of 27.26%. The firm had revenue of $16.89 billion for the quarter, compared to analyst estimates of $16.49 billion. During the same quarter in the prior year, the company posted $1.74 earnings per share. Facebook’s quarterly revenue was up 27.6% on a year-over-year basis. On average, equities research analysts predict that Facebook, Inc. will post 7.96 EPS for the current fiscal year.

A number of brokerages have weighed in on FB. Susquehanna Bancshares boosted their price objective on Facebook from $225.00 to $245.00 and gave the company a “positive” rating in a research note on Thursday, July 25th. Morgan Stanley boosted their price objective on Facebook from $220.00 to $235.00 and gave the company an “overweight” rating in a research note on Thursday, July 25th. JMP Securities boosted their price objective on Facebook from $220.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Goldman Sachs Group set a $228.00 price objective on Facebook and gave the company a “buy” rating in a research note on Tuesday, July 23rd. Finally, BMO Capital Markets reduced their price objective on Facebook to $195.00 and set a “market perform” rating for the company in a research note on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and forty-two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $220.92.

A number of hedge funds have recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund grew its holdings in Facebook by 13,908.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 70,768,412 shares of the social networking company’s stock valued at $540,000 after purchasing an additional 70,263,213 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in Facebook by 5,336.8% in the second quarter. Nuveen Asset Management LLC now owns 22,496,340 shares of the social networking company’s stock valued at $4,341,794,000 after purchasing an additional 22,082,561 shares during the last quarter. Invesco Ltd. grew its holdings in Facebook by 36.5% in the second quarter. Invesco Ltd. now owns 35,051,341 shares of the social networking company’s stock valued at $6,764,908,000 after purchasing an additional 9,368,684 shares during the last quarter. Viking Global Investors LP grew its holdings in Facebook by 231.7% in the second quarter. Viking Global Investors LP now owns 7,063,705 shares of the social networking company’s stock valued at $1,363,295,000 after purchasing an additional 4,934,406 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in Facebook by 2.8% in the second quarter. BlackRock Inc. now owns 151,662,410 shares of the social networking company’s stock valued at $29,270,846,000 after purchasing an additional 4,114,043 shares during the last quarter. 62.44% of the stock is currently owned by hedge funds and other institutional investors.

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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