Advisory Research Inc. Purchases Shares of 3,517 Facebook Inc (FB)

Advisory Research Inc. purchased a new position in shares of Facebook Inc (NASDAQ:FB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,517 shares of the social networking company’s stock, valued at approximately $405,000.

Several other large investors also recently bought and sold shares of the stock. First American Bank boosted its position in shares of Facebook by 37.1% in the third quarter. First American Bank now owns 9,587 shares of the social networking company’s stock worth $1,230,000 after buying an additional 2,592 shares during the period. Oliver Luxxe Assets LLC boosted its position in shares of Facebook by 15.8% in the third quarter. Oliver Luxxe Assets LLC now owns 8,157 shares of the social networking company’s stock worth $1,046,000 after buying an additional 1,111 shares during the period. Central Bank & Trust Co. boosted its position in shares of Facebook by 3,683.7% in the third quarter. Central Bank & Trust Co. now owns 10,897 shares of the social networking company’s stock worth $1,398,000 after buying an additional 10,609 shares during the period. Sadoff Investment Management LLC boosted its position in shares of Facebook by 1.6% in the third quarter. Sadoff Investment Management LLC now owns 1,857 shares of the social networking company’s stock worth $238,000 after buying an additional 29 shares during the period. Finally, Nadler Financial Group Inc. boosted its position in shares of Facebook by 2.4% in the third quarter. Nadler Financial Group Inc. now owns 9,339 shares of the social networking company’s stock worth $1,198,000 after buying an additional 223 shares during the period. Institutional investors own 57.00% of the company’s stock.

Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

Shares of Facebook Inc (NASDAQ:FB) opened at 140.34 on Friday. The firm has a market capitalization of $405.58 billion, a price-to-earnings ratio of 40.18 and a beta of 0.68. The stock has a 50 day moving average of $136.46 and a 200-day moving average of $127.77. Facebook Inc has a 52 week low of $106.31 and a 52 week high of $142.31.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, February 1st. The social networking company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.10. The business earned $8.81 billion during the quarter, compared to analysts’ expectations of $8.47 billion. Facebook had a net margin of 34.33% and a return on equity of 19.05%. The firm’s revenue for the quarter was up 50.8% on a year-over-year basis. During the same quarter last year, the company posted $0.79 EPS. Analysts expect that Facebook Inc will post $5.42 earnings per share for the current year.

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A number of brokerages have recently weighed in on FB. Vetr raised shares of Facebook from a “hold” rating to a “buy” rating and set a $140.41 price objective for the company in a research note on Thursday, February 16th. Evercore ISI reissued a “buy” rating and set a $155.00 price objective (down from $165.00) on shares of Facebook in a research note on Friday, December 16th. Credit Suisse Group AG raised their price objective on shares of Facebook from $165.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, February 2nd. Piper Jaffray Companies set a $150.00 target price on shares of Facebook and gave the stock a “buy” rating in a research note on Thursday, January 5th. Finally, Goldman Sachs Group Inc reaffirmed a “buy” rating and issued a $162.00 target price on shares of Facebook in a research note on Thursday, February 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, forty-one have given a buy rating and four have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $155.49.

In related news, COO Sheryl Sandberg sold 109,000 shares of the stock in a transaction dated Thursday, January 5th. The shares were sold at an average price of $119.68, for a total transaction of $13,045,120.00. Following the completion of the sale, the chief operating officer now owns 2,979,960 shares in the company, valued at approximately $356,641,612.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Colin Stretch sold 750 shares of the stock in a transaction dated Tuesday, December 27th. The stock was sold at an average price of $118.10, for a total transaction of $88,575.00. Following the sale, the vice president now owns 79,859 shares of the company’s stock, valued at approximately $9,431,347.90. The disclosure for this sale can be found here. Insiders have sold a total of 4,837,574 shares of company stock valued at $667,200,263 in the last quarter. 19.08% of the stock is currently owned by corporate insiders.

Facebook Company Profile

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

5 Day Chart for NASDAQ:FB

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