Facebook, Inc. (NASDAQ:FB) registered a -0.45% decrease, still its new closing price is 40.27% up from the company’s 1 year high of 133.50.It posted 4.05% gains in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 23 buy or better ratings. The 49 stock analysts following this company have an average price target at $153.91, with individual PT in the $98.00-$180.00 range. The shares moved at $132.18, implying that brokerage firms see shares gaining about 21.14% in twelve months time.
Facebook, Inc. (FB) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 14.89% rise year to date. A VP and General Counsel at Facebook, Inc. (FB) offloaded shares in a transaction closed on Tuesday January 24, 2017. Stretch Colin sold 750 shares in the company at $129.47 each and collected $97,000 in proceeds. Stretch Colin now owns 76,209 shares in the company after this transaction. A Chief Product Officer in the company, Cox Christopher K, disclosed a transaction on Friday January 20, 2017 that ended up generating $2,050,001 from the sale of 16,000 shares at $128.16 per share.
Facebook, Inc. (NASDAQ:FB) Upcoming Results on Tap
Facebook, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.26 in that period. Sales during the quarter are predicted to arrive at $7.64 billion.
Earnings surprise history: Last quarter, the company posted approximately $7.01 billion in revenue and EPS of $1.09. The mean forecast was for $6.92 billion and $0.97 a share, respectively. One quarter earlier, revenue for the stock was at $6.44 billion, with earnings at $0.97/share.
Facebook, Inc. (FB) Brokerage Update
Facebook, Inc. (FB) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were upgraded to Strong Buy from Outperform by Raymond James, according to news reported on Friday January 13, 2017.Another important research note was issued by Monness Crespi & Hardt on Thursday July 28, 2016.The firm downgraded FB to Neutral from Buy. Over the last six months and over the last three months, the shares of Facebook, Inc. (FB), have changed 5.74% and 0.87%, respectively.