Colin Stretch Insider Sell
Facebook Inc VP - Gen. Counsel & Secretary Colin Stretch on the September 30, 2015 sold a total of 1,000 shares of the corporation with their total value being placed at $89,140 U.S. Dollars. This is based on an average market stock price per share of $89.1 U.S. Dollars. In the last 30 days, he also unloaded 4,000 shares with a market value $362,750 USD. A document free at your disposal here shows this insider activity, that took place on September 30, 2015 and was filed with the Washington-based Security and Exchange Commission. Presently, Colin Stretch holds a total of 78,100 shares or 0.00% of the Company’s market capitalization.
Facebook Inc Sentiment and Fundamentals
The earnings for each share for 2015 are anticipated to be $2.07 according to the fifty one Wall Street analysts responsible for Facebook Inc. This would give it a 43.45 Price/Earnings ratio. A growth rate Year Over Year of less than 29.13% is expected.
In the last 50 days Facebook Inc’s share price has soared 11.48% and right now is in reliable uptrend. Because our live-tested equities trend model as shown below is in buy signal, Octafinance can’t rate the stock SELL.
Felix Zulauf, a popular trader, shared that great risk-adjusted returns is best made through a mix of fundamental and technical analysis. But as our analysis says, this is not evidently.
Institutional Ownership
In the last quarter 1227 institutional players owned Facebook Inc. In Q2 2015, Facebook Inc had 53.75% institutional ownership. That is an extremely high interest. Its down 2.83% from previous quarter. These hedge funds decreased the total shares they own by 44.10 million to 1.51 billion this quarter. A total of 143 funds opened new positions in Facebook Inc and 579 increased their holdings. There were 63 funds that closed their positions and 356 that reduced them.
As revealed by SEC’s 13F filings, the stock is in Top 10 stock positions of 191 institutional investors. Some of them are: Alphaone Investment Services Llc, Alpinvest Partners B.V., Ao Asset Management Llc, Buckingham Asset Management Llc, Capital Planning Advisors Llc, Castleark Management Llc, Connective Capital Management Llc, Criterion Capital Management Llc, Evanson Asset Management Llc, Greenbrier Partners Capital Management Llc.
Accuvest Global Advisors is the most positive institutional investor on Facebook Inc, with ownership of 7,770 shares as of Q2 2015 for 0.25% of the fund’s portfolio. Argent Capital Management Llc is another positive institutional investor owning 2,493 shares of the company or 0.01% of their stocks portfolio. The stock is also 0.01% of the fund’s AUM. Avalon Advisors Llc have 0.58% of their stock portfolio invested in the stock for 157,796 shares. In addition, Azimuth Capital Management Llc disclosed it had acquired a stake worth 0.56% of the fund’s stock portfolio in the company. The Massachusetts-based fund Bainco International Investors was also a big follower of the California-based company, possessing 97,232 shares. Facebook Inc is 1.86% of the fund’s stock portfolio.
Facebook NASDAQ:FB Company Profile
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.
Company Website: Facebook
Now its market cap is: $253.30 billion and it has 2.92 billion outstanding shares. Currently it has 55.16% shareholders and the institutional ownership stands at 55.16%. Facebook Inc has 10955 employees. Facebook Inc was formed in Delaware on 2004-07-29. The stock closed at $86.669998 yesterday and it had average 2 days volume of 9048008 shares. It is up from the 30 days average shares volume of 8003624. Facebook Inc has a 52weeks low of $70.32 and a 52weeks high of $99.24. The current price is above the 200 days Simple moving average. Facebook Inc last issued its quarterly earnings stats on 07/29/2015. The company reported 0.3 EPS for the quarter, missing the consensus estimate of 0.31 by 0.01. The company had a revenue of 4.04 billion for 6/30/2015 and 3.54 billion for 3/31/2015. Therefore, the revenue was 500.00 million up.
* The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
