Facebook Inc (NASDAQ:FB) COO Sheryl Sandberg sold 37,711 shares of the stock in a transaction on Friday, January 15th. The stock was sold at an average price of $94.83, for a total transaction of $3,576,134.13. Following the completion of the transaction, the chief operating officer now directly owns 5,126,834 shares in the company, valued at approximately $486,177,668.22. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Several hedge funds have modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Facebook by 7.7% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 226,096 shares of the social networking company’s stock worth $23,663,000 after buying an additional 16,200 shares during the last quarter. KAMES CAPITAL plc increased its stake in shares of Facebook by 320.3% in the fourth quarter. KAMES CAPITAL plc now owns 968,735 shares of the social networking company’s stock worth $101,378,000 after buying an additional 738,231 shares during the last quarter. Prentiss Smith & Co. Inc. increased its stake 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 worth $737,000 after buying an additional 38 shares during the last quarter. Bank of The West increased its stake in shares of Facebook by 5.8% in the fourth quarter. Bank of The West now owns 104,524 shares of the social networking company’s stock worth $10,939,000 after buying an additional 5,722 shares during the last quarter. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in shares of Facebook by 27.5% in the fourth quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 4,200 shares of the social networking company’s stock worth $429,000 after buying an additional 905 shares during the last quarter.

A number of equities research analysts have recently issued reports on FB shares. Vetr cut shares of Facebook from a “buy” rating to a “hold” rating and set a $99.89 price objective for the company. in a research note on Monday, October 19th. Barclays reaffirmed a “buy” rating on shares of Facebook in a research note on Tuesday, December 1st. William Blair reaffirmed an “outperform” rating on shares of Facebook in a research note on Thursday. Jyske Bank cut shares of Facebook from a “buy” rating to a “sell” rating and set a $105.00 price objective for the company. in a research note on Friday, October 30th. Finally, Argus started coverage on shares of Facebook in a research note on Thursday, October 8th. They issued a “buy” rating and a $115.00 price objective for the company. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and forty-nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $120.50.

Facebook Inc (NASDAQ:FB) opened at 97.94 on Monday. The firm’s 50-day moving average is $102.16 and its 200 day moving average is $97.53. The stock has a market cap of $276.97 billion and a P/E ratio of 98.33. Facebook Inc has a one year low of $72.00 and a one year high of $110.65.

Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, November 4th. The social networking company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. During the same period last year, the business earned $0.43 earnings per share. The company earned $4.50 billion during the quarter, compared to analyst estimates of $4.36 million. The firm’s revenue was up 40.4% compared to the same quarter last year. On average, analysts anticipate that Facebook Inc will post $2.17 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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