News headlines about Facebook (NASDAQ:FB) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Facebook earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the social networking company an impact score of 43.5034396403955 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s analysis:

Facebook (NASDAQ:FB) traded down $0.59 during midday trading on Friday, hitting $179.00. 12,722,802 shares of the company traded hands, compared to its average volume of 17,065,456. The firm has a market cap of $520,139.66, a price-to-earnings ratio of 34.49, a price-to-earnings-growth ratio of 1.14 and a beta of 0.67. Facebook has a twelve month low of $114.00 and a twelve month high of $182.90.

Facebook (NASDAQ:FB) last posted its quarterly earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.28 by $0.31. The business had revenue of $10.33 billion for the quarter, compared to analyst estimates of $9.84 billion. Facebook had a net margin of 41.69% and a return on equity of 23.64%. The firm’s revenue for the quarter was up 47.3% on a year-over-year basis. During the same quarter last year, the business posted $1.09 EPS. equities research analysts forecast that Facebook will post 5.86 EPS for the current year.

FB has been the topic of a number of recent research reports. Goldman Sachs Group, Inc. (The) set a $205.00 price objective on Facebook and gave the company a “buy” rating in a report on Friday, October 20th. Oppenheimer Holdings, Inc. lifted their price objective on Facebook from $170.00 to $195.00 and gave the company an “outperform” rating in a report on Thursday, July 27th. Morgan Stanley set a $200.00 price objective on Facebook and gave the company a “buy” rating in a report on Thursday, November 2nd. JMP Securities reaffirmed an “outperform” rating and set a $195.00 price objective (up from $170.00) on shares of Facebook in a report on Thursday, July 27th. Finally, Wedbush set a $225.00 price objective on Facebook and gave the company a “buy” rating in a report on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, forty-three have issued a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $197.95.

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In other Facebook news, insider Michael Todd Schroepfer sold 38,055 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $172.60, for a total value of $6,568,293.00. Following the sale, the insider now owns 533,937 shares in the company, valued at $92,157,526.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Christopher K. Cox sold 16,000 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $167.02, for a total transaction of $2,672,320.00. Following the completion of the sale, the insider now owns 219,332 shares in the company, valued at approximately $36,632,830.64. The disclosure for this sale can be found here. Insiders have sold a total of 5,762,164 shares of company stock worth $1,015,885,901 in the last quarter. 17.23% of the stock is currently owned by company insiders.

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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