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

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $187.73, for a total value of $23,578,888.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • On Monday, September 16th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $186.54, for a total value of $23,429,424.00.
  • On Friday, September 13th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.30, for a total value of $23,524,880.00.
  • On Monday, September 9th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.58, for a total value of $23,560,048.00.
  • On Wednesday, September 11th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.94, for a total value of $23,605,264.00.
  • On Friday, September 6th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $187.53, for a total value of $23,553,768.00.
  • On Wednesday, September 4th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $186.29, for a total value of $23,398,024.00.
  • On Friday, August 30th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $184.70, for a total value of $23,198,320.00.
  • On Monday, August 26th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $179.40, for a total value of $21,258,900.00.
  • On Wednesday, August 28th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $181.04, for a total value of $21,453,240.00.
  • On Friday, August 23rd, Mark Zuckerberg sold 7,100 shares of Facebook stock. The stock was sold at an average price of $179.16, for a total value of $1,272,036.00.

Shares of FB traded up $2.71 during trading hours on Thursday, reaching $190.85. The stock had a trading volume of 391,632 shares, compared to its average volume of 11,181,642. 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, Inc. has a 52 week low of $123.02 and a 52 week high of $208.66. The firm has a 50-day moving average of $185.93 and a 200 day moving average of $183.54. The company has a market cap of $531.28 billion, a P/E ratio of 25.22, a P/E/G ratio of 1.08 and a beta of 1.01.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, July 24th. The social networking company reported $1.99 EPS for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.09. Facebook had a net margin of 27.26% and a return on equity of 20.09%. The business had revenue of $16.89 billion during the quarter, compared to analysts’ expectations of $16.49 billion. During the same quarter in the prior year, the company earned $1.74 EPS. The firm’s quarterly revenue was up 27.6% on a year-over-year basis. As a group, equities analysts expect that Facebook, Inc. will post 8.03 earnings per share for the current year.

Several research analysts have issued reports on FB shares. Wedbush reaffirmed an “outperform” rating and set a $220.00 price objective on shares of Facebook in a report on Monday, July 22nd. UBS Group reaffirmed a “buy” rating and set a $240.00 price objective on shares of Facebook in a report on Thursday, July 25th. Deutsche Bank upped their price objective on Facebook from $230.00 to $235.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Pivotal Research reaffirmed a “buy” rating and set a $225.00 price objective (up previously from $220.00) on shares of Facebook in a report on Thursday, July 25th. Finally, Moffett Nathanson upgraded shares of Facebook from a “neutral” rating to a “buy” rating and set a $210.00 target price for the company in a research report on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and forty-one have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $220.92.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rothschild & Co Wealth Management UK Ltd bought a new position in Facebook during the 2nd quarter worth about $2,891,000. River & Mercantile Asset Management LLP increased its holdings in Facebook by 60.9% during the 2nd quarter. River & Mercantile Asset Management LLP now owns 178,804 shares of the social networking company’s stock worth $34,507,000 after purchasing an additional 67,700 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Facebook by 1.9% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 614,010 shares of the social networking company’s stock worth $118,504,000 after purchasing an additional 11,413 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Facebook during the 2nd quarter worth about $55,003,000. Finally, ANTIPODES PARTNERS Ltd increased its holdings in Facebook by 10.4% during the 2nd quarter. ANTIPODES PARTNERS Ltd now owns 316,687 shares of the social networking company’s stock worth $61,121,000 after purchasing an additional 29,740 shares in the last quarter. Institutional investors and hedge funds own 63.17% 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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