The CEO of FB, Mark Zuckerberg, has already sold close to 68,000 shares of the stocks of the company in a 23rd April transaction. The average price at which these shares were sold is $300.03, with the total transaction coming to $20,402,040. The document for the transaction has been filed on the official SEC website.
The Quarterly Estimates Of FB
The stocks of FB traded on Monday at $1.91. The year low of the company has been set at $182.56, with a year high fixed at $315.88. The market cap of the company is $862.96 billion, with a 34.51 PE ratio, and a 1.29 PEG ratio. The moving average price of the company over a period of 50 days is $292.26, with a moving average price of 200 days set at $275.93.
FB previously posted their quarterly earnings on the 27th of January. The company had reported an EPS of $3.88 for this quarter which is more than the EPS of $3.24 as estimated by the consensus. The net margin of the company has been set at 32%, with a 23.27% return on equity. The revenue generated by the company over this period was $28.10 billion, with the consensus estimate set at $26.43 billion.
There have been quite a few research equities that have commented on the stocks of FB. Zacks has already set the company with a rating of hold, along with a price target of $308 in a 23rd March research report. UBS Group has also increased the price target to $350, with a rating of buy in a 28th January research report. Moffett Nathanson has also increased the price target of FB from $285 to $350 in a 15th January research report. Truist Securities has also increased the price target from $320 to $333 in a 28th January research report.
