Stable Stock: Facebook Inc (NASDAQ:FB)

First Financial Corp IN increased its stake in Facebook by 0.5% in the first quarter. The Company also enables people to discover and learn about what is going on in the world around them, enables people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their friends to the public, and stay connected by accessing its products. Ltd bought a new stake in shares of Facebook during the fourth quarter worth $5,971,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FB. Empirical Finance LLC bought a new stake in shares of Facebook during the fourth quarter worth $132,000. Gilbert & Cook Inc. now owns 2,990 shares of the social networking company's stock worth $451,000 after buying an additional 1,540 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 156,008 shares of the social networking company's stock valued at $156,000 after buying an additional 154,913 shares in the last quarter. The value of the total investment in Facebook, Inc. decreased from $235,677,000 to $227,575,000 a change of 3.4% since the last quarter. Linscomb & Williams Inc. now owns 6,345 shares of the social networking company's stock worth $901,000 after buying an additional 523 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management raised its stake in shares of Facebook by 17.5% in the first quarter. Cordasco Financial Network now owns 2,029 shares of the social networking company's stock worth $288,000 after buying an additional 29 shares in the last quarter. As of the end of the quarter Davenport & Co LLC had acquired 125,068 shares growing its holdings by 53.9%. The Eulav Asset Management holds 172,000 shares with $19.79M value, down from 189,000 last quarter. Facebook has a 1-year low of $113.55 and a 1-year high of $165.70. (NASDAQ:FB) opened at 164.43 on Friday. Facebook, Inc. The stock has a 50 day moving average of $153.80 and a 200 day moving average of $142.68.

Facebook Inc's market cap is now $476.8B and has a P/E ratio of 43.53.

Facebook, Inc. Facebook also was the recipient of some unusual options trading activity on Wednesday. Moreover, Capital Counsel Llc Ny has 4.04% invested in the company for 560,713 shares. (NASDAQ:FB) by 9.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The social networking company reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $0.16. The firm had revenue of $8.03 billion during the quarter, compared to analyst estimates of $7.83 billion. Facebook had a return on equity of 20.27% and a net margin of 36.45%. The business's revenue was up 49.2% on a year-over-year basis. The difference between the expected and actual EPS was $-0.08/share, which represents an Earnings surprise of -7.1%. On average, equities research analysts anticipate that Facebook, Inc. will post $4.87 earnings per share for the current year.

COB and CEO, 10% Owner, Zuckerberg Mark, sold 268,100 common shares of Facebook, Inc. If you are reading this story on another domain, it was copied illegally and republished in violation of USA & global trademark & copyright laws. Davis Selected Advisers reported 1.67% of its portfolio in Facebook Inc (NASDAQ:FB).

FB has been the subject of a number of research reports. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $175.00 price objective on shares of Facebook in a research note on Monday, April 17th. (The) set a $180.00 price target on Facebook and gave the company a "buy" rating in a research note on Wednesday. Wedbush set a $185.00 price target on shares of Facebook and gave the company a "buy" rating in a research report on Thursday, May 4th. Pivotal Research maintained it with "Hold" rating and $14000 target in Tuesday, July 11 report.

Among 48 analysts covering Facebook (NASDAQ:FB), 45 have Buy rating, 1 Sell and 2 Hold. The stock has a consensus rating of "Buy" and an average target price of $167.06. The stock was sold at an average price of $164.28, for a total value of $2,628,480.00. Following the completion of the sale, the insider now owns 165,431 shares of the company's stock, valued at $24,822,921.55. The stock was sold at an average price of $160.06, for a total transaction of $576,216,000.00. Jan Koum, Director disclosed the sale of 3,600,000 shares. Over the last three months, insiders sold 13,375,974 shares of company stock worth $2,084,877,536.