The CFO of Facebook (NASDAQ: FB), David M. Wehner has sold close to 8,176 shares of the stocks of the company in a transaction that took place on the 19th of May. The average price of the stock at which these shares were sold is $303.83, with the total valuation coming to a sum of $2,484,114. The CFO has ownership of around 20,473 shares of the company now which has a total valuation of $6 million. The documentation is stored with the SEC.
The Quarterly Estimates Of FB
The stocks of FB traded in the stock market on Friday at $2.38. The year low of the company is $207.11, with a year high set at $331.81. The moving average price of the company over a period of 50 days is $310.15, with the moving price of the company over a period of 200 days set at $281.41. The market cap of the firm is $896.66 billion, with a 36.02 PE ratio.
FB previously announced their quarterly earnings in a report published on the 28th of April. The company had reported an EPS of $3.30 for the quarter, which was more than the consensus estimate of $2.36. The return on equity for the company was 23.27%, with the net margin set at 32%. The revenue generated by the company during this period was $26.20 billion, which was more than the consensus estimate set at $23.61 billion.
One of the investment analysts covering the company has given it a rating of sell, while eight others have given the company a rating of hold. Close to thirty-two analysts have given the company a rating of buy. Currently, the stocks of FB have a buy rating with a $366.87 price target in the stock market.
