Facebook Inc (FB) CEO Sells $39,025,800.00 in Stock

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Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg sold 220,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $177.39, for a total transaction of $39,025,800.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

  • 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 transaction 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 transaction of $39,908,000.00.
  • On Friday, March 2nd, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $175.00, for a total transaction of $38,500,000.00.
  • On Monday, February 26th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $184.63, for a total transaction of $40,618,600.00.
  • On Wednesday, February 28th, Mark Zuckerberg sold 245,400 shares of Facebook stock. The shares were sold at an average price of $181.46, for a total transaction of $44,530,284.00.
  • On Thursday, February 22nd, Mark Zuckerberg sold 456,800 shares of Facebook stock. The shares were sold at an average price of $179.04, for a total transaction of $81,785,472.00.
  • On Friday, February 16th, Mark Zuckerberg sold 245,400 shares of Facebook stock. The shares were sold at an average price of $178.16, for a total transaction of $43,720,464.00.
  • On Tuesday, February 20th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $176.52, for a total transaction of $38,834,400.00.
  • On Monday, February 12th, Mark Zuckerberg sold 220,000 shares of Facebook stock. The shares were sold at an average price of $175.62, for a total transaction of $38,636,400.00.
  • On Friday, December 8th, Mark Zuckerberg sold 117,829 shares of Facebook stock. The stock was sold at an average price of $180.34, for a total transaction of $21,249,281.86.

Facebook Inc (FB) traded up $2.89 during mid-day trading on Friday, reaching $185.23. The company’s stock had a trading volume of 17,952,177 shares, compared to its average volume of 24,940,000. The company has a market cap of $538,090.00, a P/E ratio of 30.07, a price-to-earnings-growth ratio of 0.96 and a beta of 0.64. Facebook Inc has a 1-year low of $137.60 and a 1-year high of $195.32.

Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, January 31st. The social networking company reported $2.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.96 by $0.24. The business had revenue of $12.97 billion for the quarter, compared to analysts’ expectations of $12.58 billion. Facebook had a return on equity of 26.49% and a net margin of 39.16%. sell-side analysts expect that Facebook Inc will post 7.28 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of FB. Country Trust Bank grew its position in Facebook by 550.6% in the 4th quarter. Country Trust Bank now owns 566 shares of the social networking company’s stock valued at $100,000 after acquiring an additional 479 shares during the last quarter. Armbruster Capital Management Inc. grew its position in shares of Facebook by 358.4% during the 4th quarter. Armbruster Capital Management Inc. now owns 573 shares of the social networking company’s stock worth $101,000 after buying an additional 448 shares in the last quarter. Taylor Hoffman Wealth Management bought a new position in shares of Facebook during the 4th quarter worth $103,000. Price Wealth Management Inc. bought a new position in shares of Facebook during the 4th quarter worth $105,000. Finally, Moisand Fitzgerald Tamayo LLC bought a new position in shares of Facebook during the 3rd quarter worth $111,000. 57.71% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on FB. Royal Bank of Canada raised their target price on shares of Facebook to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. UBS Group set a $214.00 price objective on shares of Facebook and gave the company a “buy” rating in a research note on Thursday, February 1st. Robert W. Baird set a $225.00 target price on shares of Facebook and gave the company a “buy” rating in a research report on Thursday, February 1st. Oppenheimer restated a “buy” rating and set a $225.00 price objective (up previously from $220.00) on shares of Facebook in a report on Thursday, February 1st. Finally, JMP Securities set a $235.00 target price on shares of Facebook and gave the stock a “buy” rating in a research note on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating, forty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $214.70.

Facebook Company Profile

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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