The institutional investor held 60,500 shares of the technology company at the end of 2017Q3, valued at $10.34 million, down from 63,100 at the end of the previous reported quarter. Kemnay Advisory Service has invested 6.47% of its portfolio in Facebook, Inc. Over the last quarter, insiders have sold 4,182,199 shares of company stock valued at $752,724,430. The shares were sold at an average price of $171.53, for a total value of $806,019.47.
Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, November 1st. It has outperformed by 10.05% the S&P500. (NYSE:GG) to report earnings on February, 21. FB's profit will be $5.64 billion for 23.19 P/E if the $1.94 EPS becomes a reality. After $-0.01 actual EPS reported by Sprint Corporation for the previous quarter, Wall Street now forecasts 300.00% negative EPS growth. (NASDAQ:FB). Utd Cap Financial Advisers Ltd Company accumulated 166,732 shares or 0.24% of the stock. Finally, Cowen restated an "average" rating and issued a $200.00 price target (up previously from $195.00) on shares of Facebook in a research report on Wednesday, September 27th. It is down 5.82% since January 12, 2017 and is downtrending. It has underperformed by 36.65% the S&P500. Its down 0.25, from 1.4 in 2017Q2. American National Bank raised its position in Facebook by 3.8% during the 2nd quarter. D Scott Neal Inc stated it has 0.02% of its portfolio in Facebook, Inc. (NASDAQ:FB). Tealwood Asset Management invested in 0.66% or 10,790 shares. Supplemental Annuity Collective Of Nj reported 38,000 shares or 2.85% of all its holdings. Private Advisor Grp Ltd Liability Company reported 126,190 shares. Burt Wealth Advisors stated it has 365 shares. Td Mgmt Llc holds 0.03% of its portfolio in Facebook, Inc. Generation Investment Management Llp who had been investing in Jd Com Inc for a number of months, seems to be bullish on the $66.37 billion market cap company. (NASDAQ:FB) to report earnings on February, 7. Moreover, Sand Hill Limited Liability Company has 0.07% invested in Facebook, Inc. Bartlett & Co. LLC increased its position in shares of Facebook by 8.9% in the second quarter. Peapack Gladstone invested in 32,610 shares. The business's quarterly revenue was up 47.3% on a year-over-year basis. research analysts predict that Facebook Inc will post 5.86 earnings per share for the current fiscal year. Opus Point Prtn Mgmt Lc holds 5,000 shares or 0.58% of its portfolio.
TRADEMARK VIOLATION NOTICE: "Investors Buy Facebook (FB) on Weakness on Insider Selling" was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. FB was included in 216 notes of analysts from July 21, 2015. Cox Christopher K sold $2.74 million worth of stock or 16,000 shares. Stretch Colin sold $128,910 worth of stock. The insider FISCHER DAVID B. sold $8.59 million.More news: Sanders Capital LLC Has Raised Stake in Taiwan Semiconductor Mfg LTD (TSM)
In related news, CEO Mark Zuckerberg sold 238,715 shares of the company's stock in a transaction dated Wednesday, November 15th. Ontario Teachers Pension Plan Board sold 14,278 shares as the company's stock declined 7.36% while stock markets rallied. 15,470 shares were sold by Wehner David M. Ibm Retirement Fund invested in 2% or 57,963 shares. Vanguard Index Fds (VOT) was reduced too. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, forty-two have assigned a buy rating and three have given a strong buy rating to the stock. Therefore 92% are positive.
Analysts await Facebook, Inc. (NASDAQ:FB) rating on Thursday, July 27. Canaccord Genuity maintained the shares of FB in report on Thursday, December 1 with "Buy" rating. SunTrust maintained it with "Buy" rating and $240.0 target in Friday, January 12 report. The stock has "Buy" rating by Bank of America on Sunday, August 16. On Wednesday, July 19 the stock rating was maintained by Needham with "Buy". (NASDAQ:FB) on Tuesday, October 31 with "Buy" rating. BTIG Research downgraded Facebook, Inc. Wedbush has "Outperform" rating and $115 target.
Investors sentiment decreased to 1.21 in Q3 2017. Its down 0.22, from 0.92 in 2017Q2. It worsened, as 58 investors sold DG shares while 187 reduced holdings. Xact Kapitalforvaltning AB raised its position in Facebook by 4.0% during the 2nd quarter. 38,650 were accumulated by Macquarie Gp. Bridger Management Lc, New York-based fund reported 226,328 shares. Aviance Capital Prtn Ltd Com reported 15,645 shares stake. Peak6 Limited Partnership owns 22,536 shares. Glob X Management Limited Com reported 1,263 shares. Meeder Asset accumulated 468 shares. Oarsman Capital holds 8,439 shares. Maverick Cap Limited holds 7.13% or 3.29M shares. Mufg Americas Hldgs Corp has invested 0% in Manning & Napier, Inc.More news: Government, citing ruling, again will accept requests for DACA protection
New Vernon Investment Management Llc holds 3.11% of its portfolio in Nuveen Mortgage Opportunity Term Fund 2 for 110,390 shares. 12,915 were reported by Citadel Advisors Ltd Liability. Baystate Wealth Llc holds 0% of its portfolio in Sprint Corporation (NYSE:S) for 160 shares. Therefore 0 are positive. JD.com had 42 analyst reports since August 4, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with "Hold" rating in Monday, September 4 report. On Monday, October 10 the stock rating was maintained by Leerink Swann with "Outperform". The stock has "Buy" rating by Nomura on Tuesday, November 14. As per Monday, October 2, the company rating was maintained by Robert W. Baird. The firm has "Buy" rating by Deutsche Bank given on Thursday, November 5. As per Friday, July 21, the company rating was maintained by Keefe Bruyette & Woods. (NASDAQ:FB) were released by: Valuewalk.com and their article: "Apple Inc". The company has market cap of $17.87 billion. It has a 34.82 P/E ratio. The firm manages separate client-focused equity and fixed income portfolios.
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