Facebook Inc (FB) Shares Bought by Achmea Investment Management B.V.

Achmea Investment Management B.V. increased its position in Facebook Inc (NASDAQ:FB) by 8.1% in the third quarter, Holdings Channel reports. The fund owned 87,889 shares of the social networking company’s stock after buying an additional 6,592 shares during the period. Facebook comprises approximately 0.9% of Achmea Investment Management B.V.’s investment portfolio, making the stock its 26th biggest holding. Achmea Investment Management B.V.’s holdings in Facebook were worth $15,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Facebook during the 3rd quarter valued at about $111,000. Stelac Advisory Services LLC purchased a new position in shares of Facebook during the 3rd quarter valued at about $152,000. Mountain Capital Investment Advisors Inc purchased a new position in shares of Facebook during the 2nd quarter valued at about $138,000. Odey Holdings AG raised its stake in shares of Facebook by 5.4% during the 2nd quarter. Odey Holdings AG now owns 1,060 shares of the social networking company’s stock valued at $160,000 after buying an additional 54 shares during the last quarter. Finally, Almanack Investment Partners LLC. purchased a new position in shares of Facebook during the 2nd quarter valued at about $165,000. Institutional investors own 57.67% of the company’s stock.

Several equities analysts recently weighed in on FB shares. Goldman Sachs Group set a $205.00 price target on Facebook and gave the company a “buy” rating in a research note on Friday, October 20th. Morgan Stanley set a $200.00 price target on Facebook and gave the company a “buy” rating in a research note on Thursday, November 2nd. Needham & Company LLC lifted their price target on Facebook from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Wedbush set a $225.00 price target on Facebook and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Vetr upgraded Facebook from a “buy” rating to a “strong-buy” rating and set a $202.09 price target for the company in a research note on Tuesday, December 19th. One analyst has rated the stock with a sell rating, three have given a hold rating, forty-two have given a buy rating and two have issued a strong buy rating to the company’s stock. Facebook currently has a consensus rating of “Buy” and an average target price of $214.70.

In related news, VP Colin Stretch sold 750 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $179.29, for a total transaction of $134,467.50. Following the completion of the transaction, the vice president now directly owns 86,296 shares of the company’s stock, valued at $15,472,009.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jan Koum sold 594,246 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $179.35, for a total transaction of $106,578,020.10. The disclosure for this sale can be found here. Insiders have sold 1,270,505 shares of company stock valued at $229,088,067 in the last quarter. Insiders own 17.23% of the company’s stock.

Facebook Inc (NASDAQ:FB) opened at $173.15 on Wednesday. Facebook Inc has a 12 month low of $132.55 and a 12 month high of $195.32. The stock has a market cap of $503,000.00, a price-to-earnings ratio of 32.12, a price-to-earnings-growth ratio of 0.92 and a beta of 0.58.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, January 31st. The social networking company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.24. Facebook had a net margin of 39.16% and a return on equity of 26.49%. The company had revenue of $12.97 billion during the quarter, compared to the consensus estimate of $12.58 billion. research analysts forecast that Facebook Inc will post 7.22 earnings per share for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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