Insider Selling: Facebook, Inc. (NASDAQ:FB) CAO Sells 1,442 Shares of Stock

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Facebook, Inc. (NASDAQ:FB) CAO Susan J.S. Taylor sold 1,442 shares of Facebook stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $162.02, for a total value of $233,632.84. Following the transaction, the chief accounting officer now owns 1,569 shares in the company, valued at approximately $254,209.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Susan J.S. Taylor also recently made the following trade(s):

  • On Monday, December 10th, Susan J.S. Taylor sold 2,112 shares of Facebook stock. The stock was sold at an average price of $139.60, for a total value of $294,835.20.
  • On Tuesday, November 27th, Susan J.S. Taylor sold 2,268 shares of Facebook stock. The stock was sold at an average price of $135.81, for a total value of $308,017.08.

Shares of FB stock opened at $165.98 on Friday. Facebook, Inc. has a 1-year low of $123.02 and a 1-year high of $218.62. The firm has a market cap of $494.34 billion, a P/E ratio of 21.93, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88.

Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, January 30th. The social networking company reported $2.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.18 by $0.20. The company had revenue of $16.91 billion for the quarter, compared to analyst estimates of $16.40 billion. Facebook had a return on equity of 27.51% and a net margin of 39.60%. Facebook’s revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.44 earnings per share. Analysts expect that Facebook, Inc. will post 7.55 EPS for the current fiscal year.

Large investors have recently modified their holdings of the company. Contravisory Investment Management Inc. raised its holdings in shares of Facebook by 153.2% in the 4th quarter. Contravisory Investment Management Inc. now owns 200 shares of the social networking company’s stock worth $26,000 after purchasing an additional 121 shares during the period. Whitnell & Co. acquired a new stake in shares of Facebook in the fourth quarter valued at about $26,000. Jackson Grant Investment Advisers Inc. acquired a new stake in shares of Facebook in the fourth quarter valued at about $31,000. Signet Investment Advisory Group Inc. acquired a new stake in shares of Facebook in the fourth quarter valued at about $39,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of Facebook in the fourth quarter valued at about $45,000. Institutional investors and hedge funds own 59.63% of the company’s stock.

Several equities analysts have weighed in on the company. BidaskClub raised Facebook from a “sell” rating to a “hold” rating in a research report on Thursday, December 27th. Raymond James lifted their target price on Facebook from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, January 31st. Zacks Investment Research raised Facebook from a “hold” rating to a “buy” rating and set a $149.00 target price for the company in a research report on Wednesday, January 2nd. SunTrust Banks lifted their target price on Facebook to $210.00 and gave the company a “buy” rating in a research report on Thursday, January 31st. They noted that the move was a valuation call. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $200.00 target price (up from $180.00) on shares of Facebook in a research report on Thursday, January 31st. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and forty have issued a buy rating to the company. Facebook currently has a consensus rating of “Buy” and a consensus target price of $191.58.

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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.

Further Reading: Return On Assets

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

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