Somewhat Critical Media Coverage Somewhat Unlikely to Affect Facebook (FB) Stock Price

Headlines about Facebook (NASDAQ:FB) have been trending somewhat negative this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Facebook earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave headlines about the social networking company an impact score of 41.995871870757 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

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

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Shares of FB stock traded down $5.50 during midday trading on Friday, reaching $159.39. The company had a trading volume of 53,453,960 shares, compared to its average volume of 34,448,280. Facebook has a 52-week low of $138.77 and a 52-week high of $195.32. The firm has a market cap of $479,005.44, a P/E ratio of 29.57, a P/E/G ratio of 0.87 and a beta of 0.64.

Facebook (NASDAQ:FB) last announced its quarterly earnings results on Wednesday, January 31st. The social networking company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.24. Facebook had a return on equity of 26.49% and a net margin of 39.16%. The firm had revenue of $12.97 billion during the quarter, compared to the consensus estimate of $12.58 billion. analysts predict that Facebook will post 7.23 EPS for the current year.

FB has been the topic of a number of recent analyst reports. Morgan Stanley set a $215.00 price target on Facebook and gave the stock a “buy” rating in a research note on Friday, January 12th. Wells Fargo reissued an “outperform” rating and set a $230.00 price target (up previously from $215.00) on shares of Facebook in a research note on Monday, January 8th. Pivotal Research reissued a “sell” rating and set a $147.00 price target on shares of Facebook in a research note on Monday, January 8th. SunTrust Banks increased their price target on Facebook to $240.00 and gave the stock a “buy” rating in a research note on Friday, January 12th. Finally, Vetr raised Facebook from a “buy” rating to a “strong-buy” rating and set a $209.16 price target on the stock in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, forty have issued a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $213.54.

In related news, insider Michael Todd Schroepfer sold 38,017 shares of the stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $187.83, for a total value of $7,140,733.11. Following the completion of the sale, the insider now directly owns 381,521 shares in the company, valued at approximately $71,661,089.43. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Colin Stretch sold 750 shares of the stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $176.23, for a total value of $132,172.50. Following the completion of the sale, the vice president now owns 82,096 shares of the company’s stock, valued at $14,467,778.08. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,746,505 shares of company stock valued at $1,028,342,636. 17.23% of the stock is owned by insiders.

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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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