Facebook Inc (NASDAQ:FB)‘s stock had its “buy” rating reiterated by equities researchers at Argus in a report issued on Saturday, Analyst Ratings Network.com reports. They presently have a $130.00 price target on the social networking company’s stock. Argus’ price target would suggest a potential upside of 15.85% from the stock’s previous close.

FB has been the topic of a number of other research reports. Rosenblatt Securities restated a “buy” rating and set a $125.00 target price on shares of Facebook in a report on Monday, January 11th. Robert W. Baird set a $120.00 target price on shares of Facebook and gave the company a “buy” rating in a report on Thursday. Vetr cut shares of Facebook from a “strong-buy” rating to a “hold” rating and set a $110.40 target price on the stock. in a report on Thursday. Piper Jaffray restated an “overweight” rating and set a $155.00 target price on shares of Facebook in a report on Wednesday, January 6th. Finally, JMP Securities lifted their price target on Facebook to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, November 5th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and forty-eight have given a buy rating to the company’s stock. Facebook currently has an average rating of “Buy” and a consensus target price of $127.13.

In other Facebook news, VP Colin Stretch sold 1,000 shares of Facebook stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $103.35, for a total value of $103,350.00. Following the sale, the vice president now owns 77,924 shares in the company, valued at $8,053,445.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David B. Fischer sold 17,650 shares of Facebook stock in a transaction on Monday, November 16th. The shares were sold at an average price of $102.02, for a total value of $1,800,653.00. Following the completion of the sale, the vice president now owns 246,435 shares in the company, valued at approximately $25,141,298.70. The disclosure for this sale can be found here.

Facebook (NASDAQ:FB) traded up 2.84% during trading on Friday, reaching $112.21. 62,739,548 shares of the company traded hands. The company’s 50-day moving average price is $101.61 and its 200 day moving average price is $98.05. The firm has a market capitalization of $316.99 billion and a price-to-earnings ratio of 86.98. Facebook has a 52 week low of $72.00 and a 52 week high of $112.84.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, January 27th. The social networking company reported $0.79 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.36 billion. During the same quarter last year, the firm posted $0.54 EPS. The business’s quarterly revenue was up 51.7% on a year-over-year basis. On average, equities research analysts expect that Facebook will post $3.14 EPS for the current year.

A number of large investors have bought and sold shares of FB. Campbell Newman Asset Management increased its stake in Facebook by 0.5% in the fourth quarter. Campbell Newman Asset Management now owns 8,762 shares of the social networking company’s stock worth $917,000 after buying an additional 45 shares in the last quarter. Detwiler Fenton Investment Management acquired a new stake in Facebook during the fourth quarter worth approximately $505,000. Lenox Wealth Advisors increased its stake in Facebook by 2,037.1% in the fourth quarter. Lenox Wealth Advisors now owns 748 shares of the social networking company’s stock worth $78,000 after buying an additional 713 shares in the last quarter. Stillwater Investment Management increased its stake in Facebook by 0.4% in the fourth quarter. Stillwater Investment Management now owns 35,119 shares of the social networking company’s stock worth $3,676,000 after buying an additional 150 shares in the last quarter. Finally, Baystate Wealth Management acquired a new stake in Facebook during the fourth quarter worth approximately $207,000.

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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