Arlington Financial Advisors LLC Has $2.36 Million Stake in Facebook, Inc. (FB)

Arlington Financial Advisors LLC grew its stake in Facebook, Inc. (NASDAQ:FB) by 27.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,643 shares of the social networking company’s stock after purchasing an additional 2,963 shares during the period. Facebook makes up about 1.4% of Arlington Financial Advisors LLC’s portfolio, making the stock its 24th biggest position. Arlington Financial Advisors LLC’s holdings in Facebook were worth $2,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of FB. Cribstone Capital Management LLC lifted its stake in shares of Facebook by 186.2% in the 2nd quarter. Cribstone Capital Management LLC now owns 624 shares of the social networking company’s stock valued at $121,000 after purchasing an additional 406 shares during the last quarter. IMA Wealth Inc. purchased a new stake in shares of Facebook in the second quarter worth approximately $122,000. Trust Department MB Financial Bank N A purchased a new stake in shares of Facebook in the second quarter worth approximately $134,000. Aviance Capital Management LLC purchased a new stake in shares of Facebook in the second quarter worth approximately $151,000. Finally, Northwest Wealth Management LLC purchased a new stake in shares of Facebook in the second quarter worth approximately $194,000. 58.42% of the stock is owned by institutional investors and hedge funds.

In other news, insider Susan J.S. Taylor sold 2,112 shares of Facebook stock in a transaction on Monday, November 19th. The stock was sold at an average price of $137.50, for a total value of $290,400.00. Following the transaction, the insider now directly owns 6,927 shares in the company, valued at approximately $952,462.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael Todd Schroepfer sold 38,085 shares of Facebook stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $166.11, for a total value of $6,326,299.35. Following the completion of the transaction, the insider now owns 588,694 shares in the company, valued at $97,787,960.34. The disclosure for this sale can be found here. Insiders sold a total of 518,103 shares of company stock worth $79,159,534 over the last quarter. Company insiders own 17.23% of the company’s stock.

FB has been the topic of several recent analyst reports. Wells Fargo & Co set a $220.00 price target on Facebook and gave the stock a “buy” rating in a report on Monday, October 29th. Cleveland Research reiterated a “buy” rating on shares of Facebook in a report on Thursday, September 13th. UBS Group reduced their price target on Facebook from $180.00 to $160.00 and set a “neutral” rating on the stock in a report on Wednesday, October 31st. Credit Suisse Group reduced their price target on Facebook from $225.00 to $210.00 and set an “outperform” rating on the stock in a report on Monday, October 8th. Finally, ValuEngine downgraded Facebook from a “hold” rating to a “sell” rating in a report on Friday, November 16th. Four analysts have rated the stock with a sell rating, nine have given a hold rating, thirty-seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $191.80.

Shares of NASDAQ:FB opened at $137.42 on Monday. Facebook, Inc. has a 12-month low of $126.85 and a 12-month high of $218.62. The firm has a market capitalization of $399.21 billion, a PE ratio of 22.31, a P/E/G ratio of 0.87 and a beta of 0.57.

Facebook (NASDAQ:FB) last announced its quarterly earnings results on Tuesday, October 30th. The social networking company reported $1.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.30. Facebook had a return on equity of 27.89% and a net margin of 37.57%. The business had revenue of $13.73 billion for the quarter, compared to the consensus estimate of $13.82 billion. During the same period last year, the business posted $1.59 EPS. The business’s revenue was up 32.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Facebook, Inc. will post 7.37 earnings per share for the current fiscal year.

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Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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