Facebook, Inc. (FB)’s Insider Mark Zuckerberg Sells 220,000 Shares of the Company; Liberty All Star Equity Fund (USA) Sentiment Is 1.15

The COB and CEO of Facebook Inc, Mark Zuckerberg is in the stock market news today. It was made public in a report filled by Mark Zuckerberg and submitted to the U.S. Security and Exchange Commission on February 14, 2018, he sold 220,000 shares from the corporation worth $39,026,000 U.S Dollars. The insider shares average price was $177.4. Mark is trying to quietly decrease his company’s share, same as he did in the last month. He sold another 397,200 shares worth $69,564,736 USD. And, It’s sure Mark’s deal isn’t going to stay hidden as he today is owning 11.26 million shares – ( 10%+ of Facebook Inc’s Market Cap ).

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc. The company has market cap of $1.20 billion. The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company. It has a 5.82 P/E ratio. It invests in the public equity markets of the United States.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company has market cap of $521.51 billion. The Company’s solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. It has a 33.31 P/E ratio. The firm also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others.

The stock increased 3.68% or $6.37 during the last trading session, reaching $179.52. About 28.93M shares traded or 34.83% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 15, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook has $265.0 highest and $88 lowest target. $195.44’s average target is 8.87% above currents $179.52 stock price. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, January 8 with “Buy”. On Monday, January 8 the stock rating was maintained by Wells Fargo with “Buy”. The stock has “Buy” rating by Credit Suisse on Thursday, November 2. Robert W. Baird maintained the shares of FB in report on Thursday, February 1 with “Buy” rating. The rating was maintained by Nomura on Thursday, April 28 with “Buy”. The rating was initiated by Moffett Nathanson with “Buy” on Tuesday, September 8. The stock has “Buy” rating by KeyBanc Capital Markets on Tuesday, October 3. JP Morgan maintained it with “Overweight” rating and $175 target in Tuesday, September 27 report. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by RBC Capital Markets on Wednesday, January 31. Barclays Capital maintained Facebook, Inc. (NASDAQ:FB) on Thursday, April 28 with “Overweight” rating.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It is negative, as 53 investors sold Facebook, Inc. shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Mufg Americas Hldg Corp holds 0.61% in Facebook, Inc. (NASDAQ:FB) or 111,593 shares. S&Co Inc reported 11,758 shares. Consulate holds 0.18% or 1,900 shares in its portfolio. Carderock accumulated 19,240 shares. 400 are owned by Blackhill. Pinnacle Advisory Gp invested in 0.02% or 1,921 shares. Federated Invsts Inc Pa stated it has 866,282 shares or 0.42% of all its holdings. Coldstream Cap Mngmt reported 67,115 shares. Omega Advisors Inc has invested 1.57% in Facebook, Inc. (NASDAQ:FB). Ray Gerald L & Associate Limited, Texas-based fund reported 85,672 shares. Zeke Llc has 1.04% invested in Facebook, Inc. (NASDAQ:FB). Suffolk Management Ltd Liability Corp invested in 143,943 shares or 3.25% of the stock. D Scott Neal holds 0.02% or 156 shares in its portfolio. Norris Perne French Limited Liability Partnership Mi invested in 0.05% or 1,793 shares. Sterneck Mngmt Llc has invested 2.2% in Facebook, Inc. (NASDAQ:FB).

Since August 14, 2017, it had 0 insider buys, and 33 sales for $395.73 million activity. $129,325 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin on Tuesday, October 24. On Friday, September 29 the insider Zuckerberg Mark sold $42.50M. Another trade for 16,000 shares valued at $2.80 million was made by Cox Christopher K on Monday, October 23. FISCHER DAVID B. sold $2.75M worth of stock. $7.14M worth of stock was sold by Schroepfer Michael Todd on Tuesday, January 9. Koum Jan also sold $109.70M worth of Facebook, Inc. (NASDAQ:FB) on Wednesday, August 30. 15,470 Facebook, Inc. (NASDAQ:FB) shares with value of $2.59 million were sold by Wehner David M.

Blue Bell Private Wealth Management Llc holds 4.29% of its portfolio in Columbia Funds Trust XII – Liberty All Star Equity Fund for 1.49 million shares. Rivernorth Capital Management Llc owns 8.05 million shares or 3.97% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 2.82% invested in the company for 1.06 million shares. The New Jersey-based Bulldog Investors Llc has invested 2.19% in the stock. Karpus Management Inc., a New York-based fund reported 4.88 million shares.