Shares of Facebook (NASDAQ:FB) Sees Large Inflow of Net Money Flow

Facebook (NASDAQ:FB) dropped slightly amid mild profit booking and the last known price was $113.89 per share. The price decreased by -2.73 points or -2.34% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $3.87 million. The total upticks were valued at $362.89 million and the total downticks aggregated to $359.03 million, thereby putting the up/down ratio at 1.01,. The shares have seen a change in the share price of -3.87% on a weekly basis.In a big block trade which occurred today, the total uptick value was $53.09 million and the total downtick value was $33.24, resulting in an up/down ratio of 1.6. The net money flow for the block trade was calculated to be $19.85 million.


Currently the company Insiders own 19.08% of Facebook shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.19% . Institutional Investors own 58.78% of Facebook shares. During last six month period, the net percent change held by insiders has seen a change of -6.29%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Sandberg Sheryl, director officer (Chief Operating Officer) of Facebook Inc, had unloaded 109,000 shares at an average price of $118.13 in a transaction dated on June 8, 2016. The total value of the transaction was worth $12,876,170.

Facebook (NASDAQ:FB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 2.67 points or 2.29% at $113.95 with 31,718,239 shares getting traded. Post opening the session at $115, the shares hit an intraday low of $113.31 and an intraday high of $115.48 and the price was in this range throughout the day. The company has a market cap of $325,932 million and the number of outstanding shares have been calculated to be 2,860,304,500 shares. The 52-week high of Facebook (NASDAQ:FB) is $135.6 and the 52-week low is $72.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Axiom maintains its rating on Facebook (NASDAQ:FB). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Axiom raises the price target from $150 per share to $155 per share. The rating by the firm was issued on April 28, 2016.

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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