Facebook Inc (FB) Files Form 4 Insider Selling : Christopher K Cox Sells 15,600 Shares

Facebook Inc (FB): Christopher K Cox , Chief Product Officer of Facebook Inc sold 15,600 shares on Apr 11, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $109.86 per share for a total value of $1,710,572.62 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.Facebook Inc is Reiterated by Axiom Capital to Buy and the brokerage firm has raised the Price Target to $ 150 from a previous price target of $145 .The Rating was issued on Apr 4, 2016.Facebook Inc is Reiterated by MKM Partners to Buy and the brokerage firm has raised the Price Target to $ 135 from a previous price target of $130 .The Rating was issued on Feb 11, 2016.Facebook Inc is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 130 from a previous price target of $125 .The Rating was issued on Jan 28, 2016.Facebook Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 160 from a previous price target of $130 .The Rating was issued on Jan 28, 2016.Facebook Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 130 from a previous price target of $120 .The Rating was issued on Jan 28, 2016.

Currently the company Insiders own 20% of Facebook Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -3.53%.Institutional Investors own 55.22% of Facebook Inc shares.During last six month period, the net percent change held by insiders has seen a change of -6.66%.

Shares of Facebook Inc (FB) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -1.64 points or -1.48% at $108.99 with 3,97,62,304 shares getting traded. Post opening the session at $110.7, the shares hit an intraday low of $108.77 and an intraday high of $110.91 and the price vacillated in this range throughout the day. The company has a market cap of $310,216 M and the number of outstanding shares has been calculated to be 2,84,62,80,500 shares. The 52-week high of Facebook Inc is $117.59 and the 52-week low is $72.

Facebook Inc Money Flow Index Chart

Facebook Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people marketers and developers. It offers various platforms for people to share their opinions ideas photos and videos and to engage in other activities. Its products include Facebook Instagram Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect share discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS Android BlackBerry Windows Phone and Nokia devices.

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Facebook Inc - Is it time to Sell?

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