Facebook Inc (FB) CFO Sells $2296830.90 in Stock

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27 May, 2017

Mount Vernon Associates Inc bought 2,720 shares as the company's stock rose 10.88% with the market. Moreover, Lvw Advisors Llc has 0.34% invested in the company for 75,750 shares. Ascend Capital Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $446.27B market cap company. The stock rose 1.68% or $2.53 reaching $152.57.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, May 3rd. It has outperformed by 10.05% the S&P500. (NEWS) by 57.93% based on its latest 2016Q4 regulatory filing with the SEC. Following the transaction, the chief financial officer now directly owns 72,047 shares in the company, valued at approximately $10,443,933.12. Wellington Shields Capital Management LLC now owns 38,469 shares of the social networking company's stock valued at $4,934,000 after buying an additional 4,050 shares during the last quarter.

The stock increased 0.89% or $0.47 during the last trading session, reaching $53.28. Management" on May 06, 2017, also Investorplace.com with their article: "Facebook TV: "Facebook Inc (FB) Delays Launch of Original "TV" Shows" published on May 22, 2017, Bloomberg.com published: "May to Tell G-7 Google and Facebook Must Do More to Fight Terror" on May 25, 2017. It has outperformed by 11.30% the S&P500. As per Tuesday, October 6, the company rating was maintained by Wood. RBC Capital Markets maintained Facebook Inc (NASDAQ:FB) rating on Thursday, April 28.

New Concept Energy, Inc.is an oil and gas company. "(NEWS) Ex-Dividend Date Scheduled for May 25, 2017" on May 24, 2017. The shares were sold at an average price of $148.54, for a total transaction of $111,405.00. American Realty Investors, Inc. Blackrock Advisors Llc owns 1,631 shares or 0% of their United States portfolio. Hamilton Lane Ltd invested 14.45% of its portfolio in Facebook Inc (NASDAQ:FB). Millennium Tvp Limited Liability Corp holds 45.02% of its portfolio in Facebook Inc (NASDAQ:FB) for 356,895 shares. Quantitative Systematic Strategies Ltd Liability Co reported 1,962 shares. The stock had a trading volume of 19,891,352 shares.

Kcg Holdings Inc. holds 0% of its portfolio in New Concept Energy, Inc. for 17,117 shares. Asset Management One Co. 165,410 are held by Shelton Capital Mgmt. Manatuck Hill Partners Llc owns 185,000 shares or 1.15% of their USA portfolio. Citigroup has invested 0% in NewStar Financial Inc (NASDAQ:NEWS). Agran Libbie reported 74,638 shares stake. The earnings per share growth over the next five years are expected to be 25.44%. FB's profit will be $3.08 billion for 36.12 P/E if the $1.05 EPS becomes a reality. The social networking company reported $1.04 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.16.

Since December 16, 2016, it had 0 buys, and 1 sale for $121,754 activity.

Since November 28, 2016, it had 0 buys, and 70 sales for $2.00 billion activity. Stretch Colin sold 750 shares worth $102,582. Zuckerberg Mark also sold $95.00M worth of Facebook Inc (NASDAQ:FB) on Friday, December 9.

Integrated Wealth Management decreased its position in shares of Facebook Inc (NASDAQ:FB) by 2.5% during the first quarter, according to its most recent Form 13F filing with the SEC. Sandberg Sheryl sold 272,500 shares worth $38.52M.

In other news, CEO Mark Zuckerberg sold 192,874 shares of the company's stock in a transaction that occurred on Monday, February 27th. Deutsche Bank AG reissued a "buy" rating and set a $150.00 price target on shares of Facebook in a research note on Monday, January 30th. Therefore 94% are positive. Facebook had 120 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Overweight" rating by Global Equities Research given on Friday, August 28. Vetr raised Facebook from a hold rating to a buy rating and set a $154.73 target price for the company in a research note on Wednesday, May 17th. Loop Capital reiterated a buy rating and issued a $175.00 price target on shares of Facebook in a report on Monday, May 8th.

Facebook, Inc. (NASDAQ:FB) are being monitored closely by investors today as the name is now priced at $151.96, a 1.10% difference from where it most recently opened. Axiom Capital has "Buy" rating and $126 target. Oppenheimer maintained it with "Outperform" rating and $130 target in Thursday, November 5 report. JMP Securities maintained the stock with "Market Outperform" rating in Thursday, April 28 report. As per Thursday, July 30, the company rating was maintained by Piper Jaffray. The stock of Facebook Inc (NASDAQ:FB) earned "Buy" rating by Canaccord Genuity on Thursday, July 30. Fox Point Cap Mgmt Llc owns 25,000 shares or 10.6% of their USA portfolio. Finally, Private Bank & Trust Co. raised its stake in shares of Facebook by 5.9% in the first quarter. Equities research analysts forecast that Facebook Inc will post $4.84 EPS for the current year. Facebook Inc now has $448.05 billion valuation.

Investors sentiment decreased to 1.25 in 2016 Q4. These analysts have also projected a Low Estimate of $0.94/share and a High Estimate of $1.21/share.

Several large investors have recently made changes to their positions in FB. 156 funds opened positions while 618 raised stakes. Wg Shaheen And Assocs Dba Whitney And owns 30,937 shares. Camarda Financial Advsrs Llc owns 418 shares. The Massachusetts-based Boston Advisors has invested 1.64% in Facebook Inc (NASDAQ:FB). South Texas Money reported 0.02% stake. Alkeon Cap Mngmt Lc reported 1.23M shares or 2.79% of all its holdings.

In terms of performance, we can pore into the stats for Facebook, Inc. Psagot House Ltd stated it has 28,659 shares or 0.14% of all its holdings. Sphera Funds Mngmt has invested 0.38% in Facebook Inc (NASDAQ:FB).


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