Facebook, Inc. (NASDAQ:FB) CEO Sells $23,553,768.00 in Stock

Share on StockTwits

Facebook, Inc. (NASDAQ:FB) CEO Mark Zuckerberg sold 125,600 shares of the business’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $187.53, for a total transaction of $23,553,768.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • On Monday, September 9th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $187.58, for a total value of $23,560,048.00.
  • On Wednesday, September 11th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $187.94, for a total value of $23,605,264.00.
  • On Wednesday, September 4th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $186.29, for a total value of $23,398,024.00.
  • On Friday, August 30th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The stock was sold at an average price of $184.70, for a total value of $23,198,320.00.
  • On Monday, August 26th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The stock was sold at an average price of $179.40, for a total value of $21,258,900.00.
  • On Wednesday, August 28th, Mark Zuckerberg sold 118,500 shares of Facebook stock. The shares were sold at an average price of $181.04, for a total value of $21,453,240.00.
  • On Friday, August 23rd, Mark Zuckerberg sold 7,100 shares of Facebook stock. The shares were sold at an average price of $179.16, for a total value of $1,272,036.00.
  • On Monday, August 19th, Mark Zuckerberg sold 125,600 shares of Facebook stock. The shares were sold at an average price of $186.36, for a total value of $23,406,816.00.
  • On Wednesday, August 21st, Mark Zuckerberg sold 122,375 shares of Facebook stock. The stock was sold at an average price of $184.73, for a total value of $22,606,333.75.
  • On Friday, August 16th, Mark Zuckerberg sold 237,823 shares of Facebook stock. The stock was sold at an average price of $182.75, for a total value of $43,462,153.25.

Shares of Facebook stock opened at $188.49 on Thursday. The stock’s 50-day moving average is $187.42 and its 200 day moving average is $182.81. Facebook, Inc. has a one year low of $123.02 and a one year high of $208.66. The firm has a market cap of $538.52 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 1.10 and a beta of 1.01. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.47 and a quick ratio of 4.47.

Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, July 24th. The social networking company reported $1.99 earnings per share for the quarter, topping the Zacks’ 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 business had revenue of $16.89 billion during the quarter, compared to the consensus estimate of $16.49 billion. During the same period in the previous year, the company posted $1.74 earnings per share. The firm’s revenue for the quarter was up 27.6% on a year-over-year basis. On average, sell-side analysts expect that Facebook, Inc. will post 8.03 EPS for the current fiscal year.

A number of brokerages recently issued reports on FB. Oppenheimer raised their price objective on shares of Facebook from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. BidaskClub downgraded shares of Facebook from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th. Royal Bank of Canada reissued a “buy” rating and set a $260.00 target price on shares of Facebook in a report on Thursday, July 25th. Wedbush restated an “outperform” rating and issued a $220.00 price target on shares of Facebook in a research report on Monday, July 22nd. Finally, Monness Crespi & Hardt raised their price target on shares of Facebook from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, July 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating and forty-one have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $220.92.

Several institutional investors have recently bought and sold shares of FB. Oregon Public Employees Retirement Fund grew its position in shares of Facebook by 13,908.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 70,768,412 shares of the social networking company’s stock worth $540,000 after buying an additional 70,263,213 shares during the period. Nuveen Asset Management LLC increased its stake in shares of Facebook by 5,336.8% in the 2nd quarter. Nuveen Asset Management LLC now owns 22,496,340 shares of the social networking company’s stock valued at $4,341,794,000 after acquiring an additional 22,082,561 shares in the last quarter. Invesco Ltd. lifted its position in shares of Facebook by 36.5% during the 2nd quarter. Invesco Ltd. now owns 35,051,341 shares of the social networking company’s stock valued at $6,764,908,000 after acquiring an additional 9,368,684 shares during the period. Viking Global Investors LP lifted its position in shares of Facebook by 231.7% during the 2nd quarter. Viking Global Investors LP now owns 7,063,705 shares of the social networking company’s stock valued at $1,363,295,000 after acquiring an additional 4,934,406 shares during the period. Finally, BlackRock Inc. lifted its position in shares of Facebook by 2.8% during the 2nd quarter. BlackRock Inc. now owns 151,662,410 shares of the social networking company’s stock valued at $29,270,846,000 after acquiring an additional 4,114,043 shares during the period. Hedge funds and other institutional investors own 63.60% of the company’s stock.

About Facebook

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.

See Also: How is diluted EPS different from basic EPS?

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.



Latest News

Nanometrics  Lifted to Hold at BidaskClub
Nanometrics Lifted to Hold at BidaskClub
Nasdaq  Downgraded by BidaskClub
Nasdaq Downgraded by BidaskClub
NetScout Systems  Raised to “Hold” at BidaskClub
NetScout Systems Raised to “Hold” at BidaskClub
Intellia Therapeutics  Raised to Hold at BidaskClub
Intellia Therapeutics Raised to Hold at BidaskClub
Northern Trust  Lifted to “Hold” at BidaskClub
Northern Trust Lifted to “Hold” at BidaskClub
Liberty Latin America  Upgraded at BidaskClub
Liberty Latin America Upgraded at BidaskClub


© 2006-2019 Ticker Report