November 23, 2016 - By Linda Rogers
Susan Desmondhellmann, director of Facebook Inc is the insider, our team want to tell you about. Mr. Susan submitted a public document with the Washington-based Security and Exchange Commission disclosing a deal for 625 shares of the ‘s company, the one she is an insider in. At the time of the legal trading deal, the average stock market price of Facebook Inc was $118.3, making the insider transaction worth $73,956 U.S Dollars. Right now, Susan Desmondhellmann possess 23,791 shares or about 0.0008% of Facebook Inc’s market cap (total dollar market value of all company’s outstanding shares).
Out of 44 analysts covering Facebook (NASDAQ:FB), 41 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 93% are positive. $175 is the highest target while $88 is the lowest. The $144.27 average target is 18.77% above today’s ($121.47) stock price. Facebook has been the topic of 113 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by UBS given on Thursday, April 28. Axiom Capital maintained Facebook Inc (NASDAQ:FB) on Monday, April 4 with “Buy” rating. The rating was maintained by M Partners with “Buy” on Tuesday, August 18. The firm earned “Buy” rating on Thursday, April 28 by SunTrust. On Thursday, April 28 the stock rating was maintained by Suntrust Robinson with “Buy”. The stock of Facebook Inc (NASDAQ:FB) earned “Buy” rating by Stifel Nicolaus on Thursday, January 28. Citigroup maintained it with “Buy” rating and $133 target price in Friday, April 1 report. Canaccord Genuity maintained Facebook Inc (NASDAQ:FB) rating on Thursday, July 30. Canaccord Genuity has “Buy” rating and $115 price target. The stock of Facebook Inc (NASDAQ:FB) earned “Buy” rating by Pivotal Research on Thursday, April 28. The firm has “Buy” rating given on Thursday, November 3 by Mizuho.
Insitutional Activity: The institutional sentiment increased to 1.4 in Q2 2016. Its up 0.17, from 1.23 in 2016Q1. The ratio improved, as 73 funds sold all Facebook Inc shares owned while 523 reduced positions. 118 funds bought stakes while 614 increased positions. They now own 1.59 billion shares or 3.98% less from 1.65 billion shares in 2016Q1.
Hartford Mngmt Inc has invested 0.01% of its portfolio in Facebook Inc (NASDAQ:FB). Jennison Assoc Llc owns 24.15M shares or 3.03% of their US portfolio. Connable Office Inc last reported 12,837 shares in the company. The Minnesota-based Foundry Prns has invested 0.33% in Facebook Inc (NASDAQ:FB). Lakeview Capital Ptnrs Ltd Company accumulated 6,372 shares or 0.44% of the stock. Albion Finance Grp Inc Ut reported 87,846 shares or 1.8% of all its holdings. Legg Mason Asset Management (Japan) Com Ltd holds 0.59% of its portfolio in Facebook Inc (NASDAQ:FB) for 4,800 shares. Silvercrest Asset Management Grp Inc Ltd Limited Liability Company holds 0.02% of its portfolio in Facebook Inc (NASDAQ:FB) for 12,370 shares. Clean Yield Grp Inc accumulated 230 shares or 0.01% of the stock. Accuvest Glob Advsr holds 0.57% of its portfolio in Facebook Inc (NASDAQ:FB) for 8,190 shares. Levin Cap Strategies Lp holds 40,075 shares or 0.08% of its portfolio. State Board Of Administration Of Florida Retirement Systems last reported 1.19% of its portfolio in the stock. Callahan Advsrs Limited reported 7,323 shares or 0.22% of all its holdings. Copper Rock Cap Prtn Ltd Liability Co reported 4,914 shares or 0.04% of all its holdings. Bainco International Investors has 135,647 shares for 3.34% of their US portfolio.
Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 93 sales for $3.08 billion net activity. Sandberg Sheryl sold $12.88M worth of stock or 109,000 shares. Another trade for 31,500 shares valued at $3.89M was sold by FISCHER DAVID B. $96,200 worth of Facebook Inc (NASDAQ:FB) was sold by Stretch Colin on Tuesday, September 6. Athwal Jas sold 4,923 shares worth $578,075. On Wednesday, October 12 the insider Zuckerberg Mark sold $95.00M. Another trade for 1.57M shares valued at $203.20 million was sold by Koum Jan. Andreessen Marc L also sold $1,861 worth of Facebook Inc (NASDAQ:FB) on Tuesday, August 2.
The stock decreased 0.25% or $0.3 during the last trading session, hitting $121.47. About 26.09M shares traded hands or 1.56% up from the average. Facebook Inc (NASDAQ:FB) has risen 7.08% since April 21, 2016 and is uptrending. It has outperformed by 1.75% the S&P500.
Facebook, Inc. builds products that enable people to connect and share through mobile devices and personal computers. The company has a market cap of $364.31 billion. The Firm enables people to share their opinions, ideas, photos and videos, and other activities. It has a 46.89 P/E ratio. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus.
According to Zacks Investment Research, “Facebook Inc. operates a social networking website worldwide. The Company’s products for users are free of charge and available on the Web, mobile Web, and mobile platforms, such as Android and iOS. Its website enables users to connect, share, discover, and communicate with each other. The Facebook Platform is a set of tools and application programming interfaces that developers can use to build social apps on Facebook or to integrate their Websites with Facebook. It offers products that enable advertisers and marketers to engage with its users. Facebook Inc. is headquartered in Menlo Park, California.”
More notable recent Facebook Inc (NASDAQ:FB) news were published by: Reuters.com which released: “Facebook builds censorship tool to attain China re-entry: NYT” on November 23, 2016, also Profitconfidential.com with their article: “Facebook Inc: This Could Be a Big Problem for FB Stock” published on November 22, 2016, Profitconfidential.com published: “Facebook Inc: FB Stock Buyback Isn’t Fooling Anyone” on November 21, 2016. More interesting news about Facebook Inc (NASDAQ:FB) were released by: Investorplace.com and their article: “3 Reasons Why Facebook Inc (FB) Stock Is as Good as Gold” published on November 21, 2016 as well as Fool.com‘s news article titled: “A Close Look at Facebook, Inc.’s Impressive User Growth” with publication date: November 18, 2016.
Facebook, Inc., incorporated on July 29, 2004, manufactures products that enable people to connect and share through mobile devices and personal computers. The Firm enables people to share their opinions, ideas, photos and videos, and other activities. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. The Company’s subsidiaries include Andale, Inc., Edge Network Services Limited, Facebook Ireland Holdings Limited, Facebook Ireland Limited, Facebook Operations, LLC, Instagram, LLC, Oculus VR, LLC, Parse, LLC, Pinnacle Sweden AB, Siculus, LLC, Vitesse, LLC and WhatsApp Inc.
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By Linda Rogers