Insider Selling: Facebook, Inc. (FB) CEO Sells 440,000 Shares of Stock

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 440,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $183.99, for a total value of $80,955,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

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  • On Wednesday, April 4th, Mark Zuckerberg sold 290,000 shares of Facebook stock. The shares were sold at an average price of $154.14, for a total value of $44,700,600.00.
  • On Monday, April 2nd, Mark Zuckerberg sold 145,000 shares of Facebook stock. The shares were sold at an average price of $155.94, for a total value of $22,611,300.00.
  • On Monday, March 26th, Mark Zuckerberg sold 145,000 shares of Facebook stock. The shares were sold at an average price of $155.56, for a total value of $22,556,200.00.
  • On Wednesday, March 28th, Mark Zuckerberg sold 140,200 shares of Facebook stock. The shares were sold at an average price of $153.55, for a total value of $21,527,710.00.
  • On Thursday, March 22nd, Mark Zuckerberg sold 152,700 shares of Facebook stock. The shares were sold at an average price of $166.61, for a total value of $25,441,347.00.
  • On Tuesday, March 20th, Mark Zuckerberg sold 145,000 shares of Facebook stock. The shares were sold at an average price of $166.61, for a total value of $24,158,450.00.
  • On Friday, March 16th, Mark Zuckerberg sold 465,400 shares of Facebook stock. The shares were sold at an average price of $183.79, for a total value of $85,535,866.00.
  • On Friday, March 9th, Mark Zuckerberg sold 456,800 shares of Facebook stock. The shares were sold at an average price of $183.57, for a total value of $83,854,776.00.
  • On Monday, March 5th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $179.14, for a total value of $39,410,800.00.
  • On Wednesday, March 7th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $181.40, for a total value of $39,908,000.00.

NASDAQ:FB traded down $2.14 during mid-day trading on Friday, hitting $157.20. The company had a trading volume of 41,644,812 shares, compared to its average volume of 52,803,052. Facebook, Inc. has a 1 year low of $138.81 and a 1 year high of $195.32. The firm has a market capitalization of $456,666.00, a PE ratio of 25.52, a price-to-earnings-growth ratio of 0.85 and a beta of 0.79.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, January 31st. The social networking company reported $2.20 EPS for the quarter, beating the consensus estimate of $1.96 by $0.24. Facebook had a return on equity of 26.49% and a net margin of 39.16%. The company had revenue of $12.97 billion for the quarter, compared to analyst estimates of $12.58 billion. research analysts predict that Facebook, Inc. will post 7.18 EPS for the current fiscal year.

Several equities research analysts have recently issued reports on FB shares. Credit Suisse Group restated an “outperform” rating and set a $232.00 price objective (up previously from $230.00) on shares of Facebook in a report on Monday, January 8th. Stifel Nicolaus cut Facebook from a “buy” rating to a “hold” rating in a report on Friday, January 12th. ValuEngine cut Facebook from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Barclays raised their price objective on Facebook from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. Finally, Robert W. Baird set a $225.00 price objective on Facebook and gave the stock a “buy” rating in a report on Thursday, February 1st. Three investment analysts have rated the stock with a sell rating, three have given a hold rating, forty have given a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $212.78.

Large investors have recently added to or reduced their stakes in the business. Washington Trust Bank increased its position in shares of Facebook by 1.7% during the fourth quarter. Washington Trust Bank now owns 63,141 shares of the social networking company’s stock worth $11,142,000 after acquiring an additional 1,073 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in Facebook by 3.4% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,115,741 shares of the social networking company’s stock worth $1,215,867,000 after purchasing an additional 231,883 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Facebook by 0.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 175,610 shares of the social networking company’s stock worth $26,514,000 after purchasing an additional 907 shares in the last quarter. Beacon Investment Advisory Services Inc. grew its stake in Facebook by 3,398.0% in the third quarter. Beacon Investment Advisory Services Inc. now owns 67,477 shares of the social networking company’s stock worth $11,530,000 after purchasing an additional 65,548 shares in the last quarter. Finally, Xact Kapitalforvaltning AB grew its stake in Facebook by 2.9% in the third quarter. Xact Kapitalforvaltning AB now owns 424,191 shares of the social networking company’s stock worth $72,482,000 after purchasing an additional 11,940 shares in the last quarter. 58.46% of the stock is currently owned by institutional investors.

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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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