November 26, 2016 - By Louis Casey
Michael Schroepfer – a widely followed insider in Facebook Inc who’s at present the Chief Technology Officer — unloaded 38,002 shares of Facebook Inc, with market value of about about U.S Dollars 4,620,400 which is based on an average stock price per share of U.S Dollars 121.6. He also unloaded 68,216 shares worth total $8,008,343 USD in the last month. This stocks unloading was pretty significant, so clearly it won’t go unseen. Right now, Michael Schroepfer owns a total of 434,371 shares or 0.02% of Facebook Inc’s market capitalization.
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 19.85% above today’s ($120.38) stock price. Facebook has been the topic of 113 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Facebook Inc (NASDAQ:FB) earned “Outperform” rating by Wedbush on Thursday, October 1. The firm has “Neutral” rating given on Friday, July 22 by BTIG Research. UBS maintained Facebook Inc (NASDAQ:FB) on Thursday, November 3 with “Buy” rating. The firm has “Overweight” rating by Barclays Capital given on Thursday, November 5. On Monday, October 17 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Facebook Inc (NASDAQ:FB) has “Buy” rating given on Thursday, April 28 by Goldman Sachs. Cowen & Co maintained Facebook Inc (NASDAQ:FB) on Thursday, April 28 with “Outperform” rating. The rating was initiated by Argus Research with “Buy” on Thursday, October 8. The stock has “Buy” rating given by Cantor Fitzgerald on Thursday, November 3. The firm has “Buy” rating by Mizuho given on Thursday, July 30.
Insitutional Activity: The institutional sentiment increased to 1.4 in 2016 Q2. Its up 0.17, from 1.23 in 2016Q1. The ratio increased, 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.
Central Asset Investments Mngmt Holding (Hk) Limited accumulated 2.2% or 19,450 shares. The Wisconsin-based Schaper Benz And Wise Investment Counsel Wi has invested 0.21% in Facebook Inc (NASDAQ:FB). The Washington-based Zevenbergen Cap Limited Company has invested 5.87% in Facebook Inc (NASDAQ:FB). Massachusetts Financial Svcs Co Ma has invested 0.59% of its portfolio in Facebook Inc (NASDAQ:FB). Utd Svcs Automobile Association reported 2.93M shares or 1.2% of all its holdings. Yorktown Management & Rech reported 3,300 shares or 0.09% of all its holdings. Bedrijfstakpensioenfonds Voor De Media Pno holds 3.14% or 203,800 shares in its portfolio. Bradley Foster Sargent Inc Ct owns 220,931 shares or 1.13% of their US portfolio. Torray Ltd Liability Co holds 2.94% or 338,714 shares in its portfolio. Connable Office holds 0.41% of its portfolio in Facebook Inc (NASDAQ:FB) for 12,837 shares. Rs Ltd holds 191,673 shares or 0.23% of its portfolio. Lsv Asset has 0.01% invested in the company for 26,025 shares. New Mexico Educational Retirement Board has 269,400 shares for 1.39% of their US portfolio. Moreover, Da Davidson And Co has 0.09% invested in Facebook Inc (NASDAQ:FB) for 26,102 shares. Commonwealth Savings Bank Of has invested 0% of its portfolio in Facebook Inc (NASDAQ:FB).
Insider Transactions: Since May 31, 2016, the stock had 0 buys, and 96 insider sales for $3.13 billion net activity. Shares for $2.05 million were sold by Cox Christopher K. FISCHER DAVID B. sold $4.51M worth of stock. 148,104 Facebook Inc (NASDAQ:FB) shares with value of $19.04 million were sold by Sandberg Sheryl. 750 shares with value of $97,838 were sold by Stretch Colin on Tuesday, November 1. Wehner David M. sold 22,987 shares worth $2.85M. 103,645 Facebook Inc (NASDAQ:FB) shares with value of $11.92 million were sold by Koum Jan. Schroepfer Michael Todd also sold $2.28M worth of Facebook Inc (NASDAQ:FB) on Friday, July 1.
The stock decreased 0.38% or $0.46 during the last trading session, hitting $120.38. About 8.66 million shares traded hands. Facebook Inc (NASDAQ:FB) has risen 9.34% since April 25, 2016 and is uptrending. It has outperformed by 3.32% 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 $345.16 billion. The Firm enables people to share their opinions, ideas, photos and videos, and other activities. It has a 46.47 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.”
Analysts await Facebook Inc (NASDAQ:FB) to report earnings on January, 25. They expect $1.09 earnings per share, up 84.75% or $0.50 from last year’s $0.59 per share. FB’s profit will be $3.13B for 27.61 P/E if the $1.09 EPS becomes a reality. After $0.88 actual earnings per share reported by Facebook Inc for the previous quarter, Wall Street now forecasts 23.86% EPS growth.
More notable recent Facebook Inc (NASDAQ:FB) news were published by: Foxbusiness.com which released: “Is $6 Billion Just the Beginning of Facebook, Inc.’s Buybacks?” on November 23, 2016, also Profitconfidential.com with their article: “FB Stock: New Report Reveals Facebook Inc’s China Secret” published on November 23, 2016, Bloomberg.com published: “Facebook to Hire 500 New Staff in Major U.K. Expansion” on November 21, 2016. More interesting news about Facebook Inc (NASDAQ:FB) were released by: Investorplace.com and their article: “Facebook Inc Insider Stock Sales Pile Up (FB)” published on November 23, 2016 as well as Usnews.com‘s news article titled: “5 Reasons Facebook Inc. (FB) Stock Is a Phenomenal Long-Term Buy” with publication date: November 24, 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 Louis Casey