Colin Stretch Sells 750 Shares of Facebook, Inc. (NASDAQ:FB) Stock

Facebook, Inc. (NASDAQ:FB) VP Colin Stretch sold 750 shares of Facebook stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $175.29, for a total transaction of $131,467.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Colin Stretch also recently made the following trade(s):



  • On Tuesday, October 24th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $172.43, for a total transaction of $129,322.50.
  • On Tuesday, October 10th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $172.98, for a total transaction of $129,735.00.
  • On Tuesday, October 3rd, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $170.10, for a total transaction of $127,575.00.
  • On Tuesday, September 26th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $164.21, for a total transaction of $123,157.50.
  • On Tuesday, September 19th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.40, for a total transaction of $128,550.00.
  • On Tuesday, September 12th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $173.58, for a total transaction of $130,185.00.
  • On Tuesday, September 5th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $171.59, for a total transaction of $128,692.50.
  • On Tuesday, August 29th, Colin Stretch sold 750 shares of Facebook stock. The stock was sold at an average price of $166.85, for a total transaction of $125,137.50.
  • On Tuesday, August 22nd, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $168.25, for a total transaction of $126,187.50.
  • On Tuesday, August 15th, Colin Stretch sold 750 shares of Facebook stock. The shares were sold at an average price of $171.15, for a total transaction of $128,362.50.

Facebook, Inc. (NASDAQ:FB) opened at 170.63 on Friday. The company has a 50 day moving average price of $171.48 and a 200-day moving average price of $160.26. Facebook, Inc. has a 52 week low of $113.55 and a 52 week high of $176.74. The company has a market capitalization of $495.54 billion, a P/E ratio of 38.19 and a beta of 0.70.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, July 26th. The social networking company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.19. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.19 billion. During the same quarter in the prior year, the company posted $0.97 earnings per share. Facebook’s revenue was up 44.8% on a year-over-year basis. On average, equities analysts anticipate that Facebook, Inc. will post $5.34 earnings per share for the current fiscal year.

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Several equities research analysts recently issued reports on FB shares. Credit Suisse Group restated a “buy” rating on shares of Facebook in a research report on Wednesday, October 11th. Goldman Sachs Group, Inc. (The) set a $205.00 target price on shares of Facebook and gave the stock a “buy” rating in a research note on Friday, October 20th. Robert W. Baird reaffirmed a “buy” rating and set a $185.00 target price on shares of Facebook in a research note on Friday, September 1st. Piper Jaffray Companies reissued a “buy” rating on shares of Facebook in a research note on Wednesday, October 11th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $170.00 price objective (up previously from $150.00) on shares of Facebook in a research note on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, forty-four have given a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $185.38.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FB. Vanguard Group Inc. raised its stake in Facebook by 3.3% in the second quarter. Vanguard Group Inc. now owns 162,530,760 shares of the social networking company’s stock valued at $24,538,895,000 after buying an additional 5,151,190 shares during the period. BlackRock Inc. raised its stake in Facebook by 3.0% in the second quarter. BlackRock Inc. now owns 138,877,313 shares of the social networking company’s stock valued at $20,967,696,000 after buying an additional 4,032,727 shares during the period. State Street Corp raised its stake in Facebook by 1.7% in the first quarter. State Street Corp now owns 93,365,713 shares of the social networking company’s stock valued at $13,262,607,000 after buying an additional 1,536,158 shares during the period. Capital World Investors raised its stake in Facebook by 1.5% in the second quarter. Capital World Investors now owns 56,817,768 shares of the social networking company’s stock valued at $8,578,347,000 after buying an additional 833,810 shares during the period. Finally, Northern Trust Corp raised its stake in Facebook by 0.4% in the second quarter. Northern Trust Corp now owns 26,454,900 shares of the social networking company’s stock valued at $3,994,161,000 after buying an additional 114,694 shares during the period. Institutional investors and hedge funds own 57.24% of the company’s stock.

About Facebook

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

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