Facebook, Inc. (NASDAQ:FB) Shares Sold by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. lowered its holdings in shares of Facebook, Inc. (NASDAQ:FB) by 19.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,291 shares of the social networking company’s stock after selling 2,286 shares during the period. Facebook accounts for 1.6% of Blackhawk Capital Partners LLC.’s investment portfolio, making the stock its 23rd largest holding. Blackhawk Capital Partners LLC.’s holdings in Facebook were worth $1,218,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Contravisory Investment Management Inc. grew its stake in Facebook by 153.2% in the 4th quarter. Contravisory Investment Management Inc. now owns 200 shares of the social networking company’s stock valued at $26,000 after acquiring an additional 121 shares during the last quarter. Jackson Grant Investment Advisers Inc. acquired a new stake in shares of Facebook during the 4th quarter worth about $31,000. Signet Investment Advisory Group Inc. acquired a new stake in shares of Facebook during the 4th quarter worth about $39,000. Ruggie Capital Group boosted its stake in shares of Facebook by 53.8% during the 4th quarter. Ruggie Capital Group now owns 446 shares of the social networking company’s stock worth $58,000 after purchasing an additional 156 shares during the last quarter. Finally, Accurate Investment Solutions Inc. boosted its stake in shares of Facebook by 35.6% during the 4th quarter. Accurate Investment Solutions Inc. now owns 453 shares of the social networking company’s stock worth $59,000 after purchasing an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 61.76% of the company’s stock.

Shares of FB traded up $3.86 during midday trading on Friday, hitting $181.33. 15,226,912 shares of the stock traded hands, compared to its average volume of 18,551,914. Facebook, Inc. has a 1-year low of $123.02 and a 1-year high of $218.62. The company has a market cap of $499.65 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 1.08 and a beta of 0.96. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.38 and a current ratio of 5.38.

Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, April 24th. The social networking company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.80). Facebook had a net margin of 33.17% and a return on equity of 23.67%. The company had revenue of $15.08 billion for the quarter, compared to the consensus estimate of $14.97 billion. During the same quarter in the prior year, the firm earned $1.69 earnings per share. Facebook’s revenue for the quarter was up 26.0% compared to the same quarter last year. Analysts predict that Facebook, Inc. will post 8 EPS for the current year.

FB has been the topic of several research analyst reports. Nomura raised their target price on shares of Facebook from $215.00 to $226.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Raymond James raised their price target on shares of Facebook from $200.00 to $225.00 and gave the company an “outperform” rating in a report on Thursday, April 25th. DZ Bank upgraded shares of Facebook from a “hold” rating to a “buy” rating in a report on Tuesday, April 30th. Monness Crespi & Hardt restated a “buy” rating and issued a $250.00 price target (up previously from $225.00) on shares of Facebook in a report on Thursday, April 25th. Finally, ValuEngine upgraded shares of Facebook from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and forty-two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $210.44.

In other Facebook news, VP Colin Stretch sold 750 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $161.50, for a total value of $121,125.00. Following the sale, the vice president now directly owns 103,872 shares in the company, valued at $16,775,328. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Mark Zuckerberg sold 294,100 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $178.29, for a total transaction of $52,435,089.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,551,104 shares of company stock worth $275,456,299. Company insiders own 14.53% of the company’s stock.

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Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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