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

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

  • 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 shares were sold at an average price of $180.34, for a total transaction of $21,249,281.86.
  • On Tuesday, November 28th, Mark Zuckerberg sold 232,138 shares of Facebook stock. The shares were sold at an average price of $183.08, for a total transaction of $42,499,825.04.

Facebook Inc (NASDAQ FB) traded up $6.37 during midday trading on Wednesday, hitting $179.52. 28,754,753 shares of the stock traded hands, compared to its average volume of 26,910,000. The firm has a market capitalization of $521,510.00, a price-to-earnings ratio of 33.31, a price-to-earnings-growth ratio of 0.92 and a beta of 0.58. Facebook Inc has a 12 month low of $132.55 and a 12 month high of $195.32.

Facebook (NASDAQ:FB) last posted its quarterly earnings data on Wednesday, January 31st. The social networking company reported $2.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.96 by $0.24. The company had revenue of $12.97 billion during the quarter, compared to analyst estimates of $12.58 billion. Facebook had a net margin of 39.16% and a return on equity of 26.49%. research analysts forecast that Facebook Inc will post 7.22 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Facebook by 3.3% in the second quarter. Vanguard Group Inc. now owns 162,530,760 shares of the social networking company’s stock valued at $24,538,895,000 after acquiring an additional 5,151,190 shares during the last quarter. BlackRock Inc. boosted its stake in Facebook by 3.6% in the fourth quarter. BlackRock Inc. now owns 146,170,789 shares of the social networking company’s stock valued at $25,793,297,000 after acquiring an additional 5,107,163 shares during the last quarter. Capital World Investors boosted its stake in Facebook by 1.5% in the second quarter. Capital World Investors now owns 56,817,768 shares of the social networking company’s stock valued at $8,578,347,000 after acquiring an additional 833,810 shares during the last quarter. Northern Trust Corp boosted its stake in Facebook by 0.4% in the second quarter. Northern Trust Corp now owns 26,454,900 shares of the social networking company’s stock valued at $3,994,161,000 after acquiring an additional 114,694 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Facebook by 4.1% in the fourth quarter. Geode Capital Management LLC now owns 25,433,759 shares of the social networking company’s stock valued at $4,478,724,000 after acquiring an additional 1,010,306 shares during the last quarter. 57.67% of the stock is owned by institutional investors.

A number of equities research analysts have issued reports on the stock. BidaskClub upgraded shares of Facebook from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 10th. Vetr cut shares of Facebook from a “strong-buy” rating to a “buy” rating and set a $209.00 price target for the company. in a report on Tuesday, January 30th. Piper Jaffray Companies restated a “buy” rating and set a $210.00 price target on shares of Facebook in a report on Thursday, February 1st. Credit Suisse Group restated an “outperform” rating and set a $240.00 price target (up from $232.00) on shares of Facebook in a report on Thursday, February 1st. Finally, Canaccord Genuity restated a “buy” rating and set a $240.00 price target (up from $230.00) on shares of Facebook in a report on Thursday, February 1st. One equities research analyst has 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 stock. The stock presently has an average rating of “Buy” and an average target price of $214.70.

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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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