Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg Sells 7,500 Shares

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 7,500 shares of the stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $181.95, for a total value of $1,364,625.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Monday, August 12th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $186.10, for a total value of $23,374,160.00.
  • On Friday, August 9th, Mark Zuckerberg sold 133,100 shares of Facebook stock. The shares were sold at an average price of $188.66, for a total value of $25,110,646.00.
  • On Monday, August 5th, Mark Zuckerberg sold 112,190 shares of Facebook stock. The shares were sold at an average price of $182.37, for a total value of $20,460,090.30.
  • On Wednesday, August 7th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $184.50, for a total value of $23,173,200.00.

NASDAQ:FB traded up $2.45 during midday trading on Thursday, hitting $182.17. The stock had a trading volume of 4,827,723 shares, compared to its average volume of 17,158,900. Facebook, Inc. has a one year low of $123.02 and a one year high of $208.66. The stock has a market capitalization of $528.85 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. The company’s 50-day simple moving average is $195.17. 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 (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, July 24th. The social networking company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. Facebook had a return on equity of 20.09% and a net margin of 27.26%. The company had revenue of $16.89 billion for the quarter, compared to analysts’ expectations of $16.49 billion. During the same quarter in the prior year, the firm earned $1.74 earnings per share. Facebook’s revenue was up 27.6% compared to the same quarter last year. As a group, research analysts predict that Facebook, Inc. will post 7.96 EPS for the current year.

A number of equities research analysts have issued reports on FB shares. Royal Bank of Canada restated a “buy” rating and set a $260.00 price objective on shares of Facebook in a research report on Thursday, July 25th. Mizuho upped their price objective on Facebook from $230.00 to $247.00 and gave the company a “buy” rating in a research report on Thursday, July 25th. Bank of America set a $224.00 price objective on Facebook and gave the company a “buy” rating in a research report on Friday, July 19th. Raymond James upped their price objective on Facebook from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Thursday, July 25th. They noted that the move was a valuation call. Finally, Deutsche Bank upped their price objective on Facebook from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and forty-two have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $220.92.

A number of large investors have recently made changes to their positions in FB. Biegel & Waller LLC boosted its position in shares of Facebook by 2.2% in the 2nd quarter. Biegel & Waller LLC now owns 2,336 shares of the social networking company’s stock worth $451,000 after purchasing an additional 50 shares in the last quarter. Hyman Charles D boosted its position in shares of Facebook by 0.9% in the 2nd quarter. Hyman Charles D now owns 5,861 shares of the social networking company’s stock worth $1,131,000 after purchasing an additional 50 shares in the last quarter. MBM Wealth Consultants LLC boosted its position in shares of Facebook by 2.5% in the 2nd quarter. MBM Wealth Consultants LLC now owns 2,086 shares of the social networking company’s stock worth $409,000 after purchasing an additional 51 shares in the last quarter. Perkins Coie Trust Co boosted its position in shares of Facebook by 3.5% in the 2nd quarter. Perkins Coie Trust Co now owns 1,522 shares of the social networking company’s stock worth $294,000 after purchasing an additional 52 shares in the last quarter. Finally, Regal Wealth Group Inc. boosted its position in shares of Facebook by 4.1% in the 2nd quarter. Regal Wealth Group Inc. now owns 1,421 shares of the social networking company’s stock worth $274,000 after purchasing an additional 56 shares in the last quarter. 62.11% of the stock is currently owned by institutional investors.

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.

Featured Story: Reverse Stock Split

Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

Receive News & Ratings for Facebook Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook and related companies with MarketBeat.com's FREE daily email newsletter.