Trims Holdings in Facebook Inc (FB)

Olive Hawkins
January 13, 2018

Facebook, Inc. (FB) has $522.92B valuation. Over the last 90 days, insiders sold 4,182,199 shares of company stock valued at $752,724,430. About 28.80 million shares traded or 81.44% up from the average.

Facebook (NASDAQ:FB) was downgraded by Stifel Nicolaus from a "buy" rating to a "hold" rating in a report issued on Friday. M Partners maintained Facebook, Inc. Palisade Capital Management LLC NJ now owns 25,857 shares of the social networking company's stock valued at $3,904,000 after purchasing an additional 602 shares in the last quarter. Bridger Management Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $545.62B market cap company.

Investors sentiment decreased to 1.15 in Q3 2017. The firm has a market capitalization of $519,410.00, a PE ratio of 33.38, a P/E/G ratio of 1.06 and a beta of 0.68.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, February 1st.

Hedge funds have recently made changes to their positions in the company. Discovery Mngmt Limited Liability Com Ct has invested 1.97% in Facebook, Inc. (NASDAQ:FB). Ashmore Wealth Mgmt Limited Liability holds 481,519 shares or 4.45% of its portfolio. Bb&T Corporation invested in 246,095 shares or 0.82% of the stock. Cypress Capital Group reported 32,870 shares stake. (NASDAQ:FB). Aldebaran Fincl, a Tennessee-based fund reported 21,661 shares.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. (NASDAQ:FB). Foxhaven Asset Lp stated it has 512,559 shares. Alphaone Svcs Limited Liability reported 3.93% in Facebook, Inc. (NASDAQ:FB). 12,159 are held by Fiduciary Fin Svcs Of The Southwest Incorporated Tx. Wedbush reinitiated Facebook, Inc. Following the completion of the sale, the vice president now directly owns 89,916 shares of the company's stock, valued at approximately $15,504,215.88. The shares were sold at an average price of $175.20, for a total transaction of $2,803,200.00.

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Since August 7, 2017, it had 0 insider purchases, and 38 insider sales for $950.72 million activity. Wehner David M. also sold $2.59 million worth of Facebook, Inc. Cox Christopher K sold 16,000 shares worth $2.74M. (NASDAQ:FB) was sold by Zuckerberg Mark. Following the completion of the sale, the director now owns 6,311 shares of the company's stock, valued at $1,129,037.90.

Facebook, Inc. (FB) formed wedge up with $194.36 target or 8.00% above today's $179.96 share price. The insider FISCHER DAVID B. sold $8.59 million. Cantor Fitzgerald restated a buy rating and set a $190.00 target price on shares of Facebook in a research note on Tuesday, September 26th. Therefore 92% are positive. FB was included in 216 notes of analysts from July 21, 2015. The company was maintained on Tuesday, September 5 by Canaccord Genuity. As per Thursday, January 28, the company rating was maintained by Jefferies. (NASDAQ:FB) has "Outperform" rating given on Monday, April 18 by Credit Suisse.

Analysts await Facebook, Inc. (NASDAQ:FB) for 26,891 shares. The company was maintained on Thursday, November 5 by Rosenblatt. The firm earned "Buy" rating on Thursday, July 30 by Monness Crespi & Hardt. M Partners has "Buy" rating and $18000 target. The firm has "Buy" rating given on Thursday, August 11 by Nomura. The firm earned "Overweight" rating on Wednesday, November 15 by JP Morgan. As per Monday, November 13, the company rating was maintained by KeyBanc Capital Markets. As per Thursday, July 27, the company rating was maintained by FBN Securities. On Thursday, November 3 the stock rating was maintained by UBS with "Buy". The rating was upgraded by Cowen & Co to "Outperform" on Wednesday, June 14. The firm has "Buy" rating given on Monday, September 4 by Piper Jaffray. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, forty-two have assigned a buy rating and three have assigned a strong buy rating to the stock.

WARNING: "Facebook (FB) Price Target Raised to $240.00 at SunTrust Banks" was originally reported by TrueBlueTribune and is owned by of TrueBlueTribune. During the same quarter past year, the firm earned $1.09 EPS. FB's profit will be $5.64 billion for 24.20 P/E if the $1.94 EPS becomes a reality. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01 % EPS growth. Baltimore invested in 1.51% or 38,819 shares. It worsened, as 53 investors sold FB shares while 618 reduced holdings.

Delta Apparel, Inc., through its subsidiaries, designs, makes, sources, and markets a portfolio of lifestyle basics and branded active wear apparel, headwear, and related accessory products in the United States and internationally. (NASDAQ:FB). Smithfield Tru holds 0.09% in Facebook, Inc. Northern Trust Corp now owns 26,454,900 shares of the social networking company's stock valued at $3,994,161,000 after purchasing an additional 114,694 shares during the period. Ally reported 9,000 shares. Toronto Dominion Savings Bank holds 0.54% of its portfolio in Facebook, Inc. Torray Limited Co has 135,142 shares for 2.28% of their portfolio. Regal Investment Advisors LLC raised its position in shares of Facebook by 0.3% in the 2nd quarter. Finally, Birinyi Associates Inc. grew its holdings in Facebook by 11.7% during the 2nd quarter. 316,779 are held by Advisors Asset Mgmt Inc. Punch & Associates Investment Management Inc. owns 497,424 shares or 1.12% of their U.S. portfolio. It also reduced its holding in Pretium Res Inc (NYSE:PVG) by 149,456 shares in the quarter, leaving it with 174,975 shares, and cut its stake in Intel Corp (NASDAQ:INTC).

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