Facebook, Inc. (FB) CEO Mark Zuckerberg Sells 145,000 Shares

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 145,000 shares of the firm’s stock in a transaction on Monday, April 16th. The shares were sold at an average price of $164.78, for a total value of $23,893,100.00. The sale was disclosed in a legal filing 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 18th, Mark Zuckerberg sold 435,000 shares of Facebook stock. The shares were sold at an average price of $166.51, for a total value of $72,431,850.00.
  • On Friday, April 13th, Mark Zuckerberg sold 290,000 shares of Facebook stock. The shares were sold at an average price of $164.62, for a total value of $47,739,800.00.
  • On Tuesday, April 10th, Mark Zuckerberg sold 1,636 shares of Facebook stock. The shares were sold at an average price of $164.46, for a total value of $269,056.56.
  • On Friday, April 6th, Mark Zuckerberg sold 290,000 shares of Facebook stock. The shares were sold at an average price of $159.07, for a total value of $46,130,300.00.
  • 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.

Shares of NASDAQ:FB opened at $168.10 on Friday. The stock has a market cap of $489,957.31, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 0.92 and a beta of 0.79. Facebook, Inc. has a 12-month low of $142.27 and a 12-month high of $195.32.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, January 31st. The social networking company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.24. The company had revenue of $12.97 billion during the quarter, compared to the consensus estimate of $12.58 billion. Facebook had a return on equity of 26.49% and a net margin of 39.16%. analysts predict that Facebook, Inc. will post 7.11 earnings per share for the current fiscal year.

A number of research analysts have weighed in on the company. Credit Suisse Group restated an “outperform” rating and issued a $232.00 price objective (up previously from $230.00) on shares of Facebook in a report on Monday, January 8th. Stifel Nicolaus lowered Facebook from a “buy” rating to a “hold” rating in a report on Friday, January 12th. BidaskClub upgraded Facebook from a “sell” rating to a “hold” rating in a report on Thursday, April 12th. ValuEngine lowered Facebook from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Finally, Barclays lifted their price target on Facebook from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. Three analysts have rated the stock with a sell rating, three have given a hold rating, forty-two have given a buy rating and two have given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $209.39.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FB. Janus Henderson Group PLC boosted its stake in shares of Facebook by 283.6% in the 2nd quarter. Janus Henderson Group PLC now owns 11,888,149 shares of the social networking company’s stock valued at $1,794,857,000 after buying an additional 8,788,743 shares during the period. Truepoint Inc. boosted its stake in shares of Facebook by 16,822.1% in the 3rd quarter. Truepoint Inc. now owns 6,137,138 shares of the social networking company’s stock valued at $6,137,000 after buying an additional 6,100,871 shares during the period. Vanguard Group Inc. boosted its stake in shares of Facebook by 3.3% in the 2nd 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. boosted its stake in shares of Facebook by 3.6% in the 4th quarter. BlackRock Inc. now owns 146,170,789 shares of the social networking company’s stock valued at $25,793,297,000 after buying an additional 5,107,163 shares during the period. Finally, Harding Loevner LP boosted its stake in shares of Facebook by 229.7% in the 3rd quarter. Harding Loevner LP now owns 4,258,885 shares of the social networking company’s stock valued at $215,130,000 after buying an additional 2,966,978 shares during the period. 58.47% of the stock is 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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