Facebook Inc (NASDAQ:FB) had its price objective boosted by Nomura from $125.00 to $130.00 in a report published on Thursday morning, AnalystRatings.NET reports. The brokerage currently has a buy rating on the social networking company’s stock.

In other Facebook news, CAO Jas Athwal sold 3,901 shares of the company’s stock in a transaction dated Monday, November 16th. The stock was sold at an average price of $102.00, for a total value of $397,902.00. Following the transaction, the chief accounting officer now directly owns 114,908 shares of the company’s stock, valued at approximately $11,720,616. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Colin Stretch sold 1,000 shares of the company’s stock in a transaction dated Tuesday, January 26th. The stock was sold at an average price of $97.61, for a total value of $97,610.00. Following the completion of the transaction, the vice president now directly owns 73,723 shares in the company, valued at $7,196,102.03. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of the company. Beacon Capital Management raised its position in shares of Facebook by 2.0% in the fourth quarter. Beacon Capital Management now owns 102 shares of the social networking company’s stock valued at $11,000 after buying an additional 2 shares during the last quarter. Integrated Wealth Management raised its position in shares of Facebook by 0.3% in the fourth quarter. Integrated Wealth Management now owns 11,462 shares of the social networking company’s stock valued at $1,200,000 after buying an additional 35 shares during the last quarter. Prentiss Smith & Co. Inc. raised its position in shares of Facebook by 0.5% in the fourth quarter. Prentiss Smith & Co. Inc. now owns 7,038 shares of the social networking company’s stock valued at $737,000 after buying an additional 38 shares during the last quarter. Campbell Newman Asset Management raised its position in shares of Facebook by 0.5% in the fourth quarter. Campbell Newman Asset Management now owns 8,762 shares of the social networking company’s stock valued at $917,000 after buying an additional 45 shares during the last quarter. Finally, Mathes Company Inc. raised its position in shares of Facebook by 0.8% in the fourth quarter. Mathes Company Inc. now owns 6,325 shares of the social networking company’s stock valued at $662,000 after buying an additional 50 shares during the last quarter.

A number of other analysts have also weighed in on FB. Vetr lowered shares of Facebook from a buy rating to a hold rating and set a $99.89 target price on the stock. in a research note on Monday, October 19th. Piper Jaffray restated an overweight rating and set a $170.00 target price (up from $155.00) on shares of Facebook in a research note on Wednesday. Barclays restated a buy rating on shares of Facebook in a research note on Tuesday, December 1st. William Blair restated an outperform rating on shares of Facebook in a research note on Thursday, January 21st. Finally, Jyske Bank lowered shares of Facebook from a buy rating to a sell rating and set a $105.00 target price on the stock. in a research note on Friday, October 30th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and forty-nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $124.93.

Facebook (NASDAQ:FB) traded up 2.84% during mid-day trading on Thursday, hitting $112.21. 62,124,882 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $101.40 and its 200-day moving average price is $97.89. The stock has a market cap of $317.33 billion and a PE ratio of 112.66. Facebook has a one year low of $72.00 and a one year high of $112.84.

Facebook (NASDAQ:FB) last issued its quarterly earnings results on Wednesday, January 27th. The social networking company reported $0.79 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.36 billion. During the same quarter last year, the company earned $0.54 earnings per share. The firm’s revenue for the quarter was up 51.7% on a year-over-year basis. On average, analysts forecast that Facebook will post $2.88 EPS for the current fiscal year.

Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products include Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos, and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS, Android, BlackBerry, Windows Phone and Nokia devices.

12 Month Chart for NASDAQ:FB

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