Osborn Williams & Donohoe LLC Invests $1.17 Million in Facebook, Inc. Common Stock (FB)

Osborn Williams & Donohoe LLC acquired a new stake in shares of Facebook, Inc. Common Stock (NASDAQ:FB) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 6,037 shares of the social networking company’s stock, valued at approximately $1,173,000.

Several other institutional investors have also recently made changes to their positions in FB. Summit Trail Advisors LLC increased its position in shares of Facebook, Inc. Common Stock by 4,170.3% during the 1st quarter. Summit Trail Advisors LLC now owns 9,070,939 shares of the social networking company’s stock valued at $9,071,000 after purchasing an additional 8,858,520 shares during the last quarter. BlackRock Inc. increased its position in shares of Facebook, Inc. Common Stock by 2.0% during the 1st quarter. BlackRock Inc. now owns 149,137,226 shares of the social networking company’s stock valued at $23,830,637,000 after purchasing an additional 2,966,437 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Facebook, Inc. Common Stock by 1,559.1% during the 1st quarter. SG Americas Securities LLC now owns 2,990,310 shares of the social networking company’s stock valued at $477,822,000 after purchasing an additional 2,810,076 shares during the last quarter. Suvretta Capital Management LLC bought a new position in Facebook, Inc. Common Stock during the 1st quarter worth approximately $430,727,000. Finally, Veritas Asset Management LLP bought a new position in Facebook, Inc. Common Stock during the 1st quarter worth approximately $368,396,000. Hedge funds and other institutional investors own 60.42% of the company’s stock.

Several equities analysts recently issued reports on the company. Barclays set a $180.00 price target on Facebook, Inc. Common Stock and gave the stock a “buy” rating in a research report on Friday. Cleveland Research restated a “buy” rating on shares of Facebook, Inc. Common Stock in a research report on Thursday. ValuEngine lowered Facebook, Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Friday, September 7th. BidaskClub lowered Facebook, Inc. Common Stock from a “buy” rating to a “hold” rating in a research report on Thursday, September 6th. Finally, Moffett Nathanson restated a “neutral” rating and set a $175.00 price target on shares of Facebook, Inc. Common Stock in a research report on Tuesday, September 4th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $206.89.

FB opened at $162.32 on Friday. The company has a market capitalization of $470.61 billion, a PE ratio of 22.44, a PEG ratio of 1.04 and a beta of 0.49. Facebook, Inc. Common Stock has a 52 week low of $149.02 and a 52 week high of $218.62.

Facebook, Inc. Common Stock (NASDAQ:FB) last released its earnings results on Wednesday, July 25th. The social networking company reported $1.74 EPS for the quarter, missing the Zacks’ consensus estimate of $1.75 by ($0.01). The firm had revenue of $13.23 billion during the quarter, compared to analysts’ expectations of $13.35 billion. Facebook, Inc. Common Stock had a net margin of 39.31% and a return on equity of 28.16%. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.32 EPS. analysts expect that Facebook, Inc. Common Stock will post 7.08 earnings per share for the current year.

In other news, CEO Mark Zuckerberg sold 240,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 25th. The stock was sold at an average price of $216.71, for a total value of $52,010,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Sheryl Sandberg sold 55,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $166.07, for a total value of $9,133,850.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,876,913 shares of company stock valued at $1,906,192,582. 17.23% of the stock is currently owned by company insiders.

Facebook, Inc. Common Stock Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

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Institutional Ownership by Quarter for Facebook, Inc. Common Stock (NASDAQ:FB)

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