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Facebook Inc (FB) Shares Bought by Tdam USA Inc.

Facebook Inc (FB) Shares Bought by Tdam USA Inc.


Tdam USA Inc. increased its position in Facebook Inc (NASDAQ:FB) by 69.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,437 shares of the social networking company’s stock after buying an additional 7,985 shares during the period. Tdam USA Inc.’s holdings in Facebook were worth $2,034,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Nisa Investment Advisors boosted its stake in shares of Facebook by 1.9% in the fourth quarter. Nisa Investment Advisors now owns 536,266 shares of the social networking company’s stock valued at $56,125,000 after buying an additional 9,900 shares in the last quarter. J. M. Hartwell Limited Partnership boosted its stake in shares of Facebook by 13.4% in the fourth quarter. J. M. Hartwell Limited Partnership now owns 283,590 shares of the social networking company’s stock valued at $29,681,000 after buying an additional 33,500 shares in the last quarter. Park National boosted its stake in shares of Facebook by 44.0% in the fourth quarter. Park National now owns 4,709 shares of the social networking company’s stock valued at $493,000 after buying an additional 1,439 shares in the last quarter. Narwhal Capital Management boosted its stake in shares of Facebook by 28.3% in the fourth quarter. Narwhal Capital Management now owns 7,991 shares of the social networking company’s stock valued at $836,000 after buying an additional 1,761 shares in the last quarter. Finally, Centre Asset Management boosted its stake in shares of Facebook by 0.4% in the fourth quarter. Centre Asset Management now owns 143,310 shares of the social networking company’s stock valued at $14,999,000 after buying an additional 640 shares in the last quarter.

Facebook Inc (NASDAQ:FB) opened at 113.05 on Friday. Facebook Inc has a 12-month low of $72.00 and a 12-month high of $117.59. The stock has a market cap of $321.77 billion and a price-to-earnings ratio of 87.43. The firm’s 50-day moving average price is $107.27 and its 200-day moving average price is $102.31.


Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, January 27th. The social networking company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.36 billion. The firm’s revenue for the quarter was up 51.7% compared to the same quarter last year. During the same period last year, the business posted $0.54 EPS. On average, equities analysts predict that Facebook Inc will post $3.14 EPS for the current fiscal year.

Several brokerages have recently commented on FB. Rosenblatt Securities reiterated a “buy” rating and set a $125.00 price target on shares of Facebook in a research report on Monday, January 11th. Robert W. Baird set a $120.00 price objective on shares of Facebook and gave the company a “buy” rating in a report on Thursday, January 28th. Vetr cut shares of Facebook from a “strong-buy” rating to a “hold” rating and set a $110.40 price objective for the company. in a report on Thursday, January 28th. Piper Jaffray restated an “overweight” rating and set a $155.00 price objective on shares of Facebook in a report on Wednesday, January 6th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a $136.00 price objective on shares of Facebook in a report on Tuesday, March 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, forty-nine have assigned a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $128.66.

In other Facebook news, VP Colin Stretch sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 22nd. The stock was sold at an average price of $111.34, for a total transaction of $111,340.00. Following the completion of the transaction, the vice president now owns 78,753 shares in the company, valued at approximately $8,768,359.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jas Athwal sold 1,462 shares of the firm’s stock in a transaction that occurred on Friday, January 15th. The shares were sold at an average price of $93.81, for a total value of $137,150.22. Following the transaction, the chief accounting officer now owns 117,175 shares of the company’s stock, valued at approximately $10,992,186.75. The disclosure for this sale can be found here.

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.

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