Facebook, Inc. (FB)’s COB and CEO Mark Zuckerberg Sold 290000 shares of the Company; Grandeur Peak Global Advisors Has Trimmed Gentex (GNTX) Holding By $4.57 Million

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Grandeur Peak Global Advisors Llc decreased Gentex Corp (GNTX) stake by 55.35% reported in 2017Q4 SEC filing. Grandeur Peak Global Advisors Llc sold 228,650 shares as Gentex Corp (GNTX)’s stock rose 8.38%. The Grandeur Peak Global Advisors Llc holds 184,450 shares with $3.86 million value, down from 413,100 last quarter. Gentex Corp now has $6.55B valuation. The stock increased 1.27% or $0.3 during the last trading session, reaching $23.94. About 1.66M shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 8.07% since April 6, 2017 and is uptrending. It has underperformed by 3.48% the S&P500.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on May, 2. They expect $1.40 EPS, up 34.62% or $0.36 from last year’s $1.04 per share. FB’s profit will be $4.07B for 28.45 P/E if the $1.40 EPS becomes a reality. After $2.20 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth.

The stock increased 2.73% or $4.24 during the last trading session, reaching $159.34. About 41.45 million shares traded or 88.46% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 6, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Mark Zuckerberg, the COB and CEO of Facebook Inc, unloaded 290,000 shares of the company, worth roughly $44,700,321 U.S. Dollars, which is based on a market stock price of $154.1 for each share. He also unloaded 2,781,405 shares that are worth approx $490,056,620 USD in the last 30 days. The regulatory filing shows that Mark Zuckerberg now holds around 10%+ of the California-based company’s market cap (total dollar market value of all company’s outstanding shares) Dated April 5, 2018 the sale Form 4 is available for review here.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It increased, as 57 investors sold Facebook, Inc. shares while 621 reduced holdings. 147 funds opened positions while 670 raised stakes. 1.61 billion shares or 1.26% less from 1.63 billion shares in 2017Q3 were reported. Mar Vista Ptnrs Limited reported 356,755 shares stake. Davis reported 49,146 shares. 28,000 were reported by Ally Fin. Kames Cap Pcl holds 4.09% or 916,961 shares in its portfolio. Harvest Cap Mngmt reported 0.15% in Facebook, Inc. (NASDAQ:FB). Regal Invest Lc holds 5,753 shares or 0.23% of its portfolio. Baker Avenue Asset Mgmt Lp, California-based fund reported 2,236 shares. Weatherly Asset Mgmt L P reported 22,400 shares. Cannell Peter B Incorporated holds 0.09% or 14,465 shares in its portfolio. Ami Asset Mgmt has 138,124 shares for 1.68% of their portfolio. Highlander Capital Mgmt Limited Co stated it has 7,055 shares or 0.91% of all its holdings. Guyasuta Investment Advisors stated it has 0.05% in Facebook, Inc. (NASDAQ:FB). Stratos Wealth Partners Limited holds 76,197 shares or 0.6% of its portfolio. Tci Wealth Advisors Inc holds 4,049 shares or 0.31% of its portfolio. Zeke Capital Advsr Ltd Liability Corp has invested 0.93% in Facebook, Inc. (NASDAQ:FB).

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook has $265.0 highest and $88 lowest target. $193.21’s average target is 21.26% above currents $159.34 stock price. Facebook had 245 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Thursday, December 1. On Thursday, November 2 the stock rating was maintained by Robert W. Baird with “Buy”. The company was maintained on Thursday, April 28 by JP Morgan. The firm has “Buy” rating by Aegis Capital given on Wednesday, January 31. Wedbush maintained the stock with “Outperform” rating in Thursday, November 3 report. As per Thursday, April 28, the company rating was maintained by Cowen & Co. As per Thursday, October 12, the company rating was maintained by William Blair. On Tuesday, January 3 the stock rating was initiated by Aegis Capital with “Buy”. The rating was maintained by Barclays Capital on Thursday, February 1 with “Overweight”. Cantor Fitzgerald maintained the stock with “Buy” rating in Tuesday, October 31 report.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company has market cap of $462.88 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 29.56 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.

Since October 3, 2017, it had 0 insider buys, and 39 insider sales for $1.17 billion activity. On Wednesday, March 7 Zuckerberg Mark sold $39.91 million worth of Facebook, Inc. (NASDAQ:FB) or 220,000 shares. Sandberg Sheryl had sold 55,000 shares worth $9.75M. Shares for $7.14 million were sold by Schroepfer Michael Todd. $129,738 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin on Tuesday, October 10. 16,000 shares were sold by Cox Christopher K, worth $2.80 million on Monday, October 23. FISCHER DAVID B. sold $1.05 million worth of stock. On Thursday, February 15 the insider Koum Jan sold $221.33 million.

Among 7 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Gentex Corp has $29.0 highest and $14 lowest target. $23.75’s average target is -0.79% below currents $23.94 stock price. Gentex Corp had 23 analyst reports since October 20, 2015 according to SRatingsIntel. On Wednesday, March 14 the stock rating was maintained by Susquehanna with “Hold”. As per Monday, November 13, the company rating was maintained by KeyBanc Capital Markets. The rating was downgraded by Robert W. Baird on Wednesday, January 27 to “Neutral”. The stock of Gentex Corporation (NASDAQ:GNTX) has “Buy” rating given on Tuesday, March 27 by FBR Capital. The rating was maintained by FBR Capital with “Buy” on Tuesday, January 2. FBR Capital maintained the shares of GNTX in report on Monday, March 12 with “Buy” rating. The rating was maintained by Robert W. Baird on Monday, October 23 with “Outperform”. As per Thursday, February 22, the company rating was maintained by FBR Capital. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Hold” rating by Craig Hallum on Monday, July 24. FBR Capital maintained the stock with “Outperform” rating in Friday, October 21 report.

Grandeur Peak Global Advisors Llc increased Resources Connection Inc (NASDAQ:RECN) stake by 29,700 shares to 208,700 valued at $3.22M in 2017Q4. It also upped Hacket Group Inc (NASDAQ:HCKT) stake by 23,975 shares and now owns 262,475 shares. Grand Canyon Ed Inc (NASDAQ:LOPE) was raised too.

Analysts await Gentex Corporation (NASDAQ:GNTX) to report earnings on April, 20. They expect $0.40 earnings per share, up 21.21% or $0.07 from last year’s $0.33 per share. GNTX’s profit will be $109.44 million for 14.96 P/E if the $0.40 EPS becomes a reality. After $0.33 actual earnings per share reported by Gentex Corporation for the previous quarter, Wall Street now forecasts 21.21% EPS growth.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.36, from 1.24 in 2017Q3. It is negative, as 26 investors sold GNTX shares while 144 reduced holdings. 52 funds opened positions while 98 raised stakes. 219.42 million shares or 2.26% less from 224.48 million shares in 2017Q3 were reported. Credit Suisse Ag has 0.04% invested in Gentex Corporation (NASDAQ:GNTX) for 2.10M shares. Proshare Advsrs Limited Liability Corporation owns 26,438 shares. Euclidean Techs Mgmt accumulated 2.01% or 97,653 shares. The New York-based Blackrock Inc has invested 0.02% in Gentex Corporation (NASDAQ:GNTX). Gateway Investment Advisers Lc accumulated 83,737 shares. Palouse accumulated 13,761 shares. Moreover, Lpl Fin Limited Liability Company has 0% invested in Gentex Corporation (NASDAQ:GNTX). Whalerock Point Prns Ltd Liability Co, Rhode Island-based fund reported 19,150 shares. Clearbridge Limited Liability invested 0.05% in Gentex Corporation (NASDAQ:GNTX). Virginia Retirement Et Al holds 290,000 shares. Fairfield Bush And Co accumulated 51,850 shares or 0.3% of the stock. Quantitative Invest Mngmt Ltd Llc owns 162,900 shares for 0.05% of their portfolio. Gabelli Funds Lc holds 245,000 shares or 0.03% of its portfolio. The North Dakota-based Bell Natl Bank has invested 0.08% in Gentex Corporation (NASDAQ:GNTX). American Century Companies invested in 0.02% or 1.06M shares.

Gentex Corporation (NASDAQ:GNTX) Institutional Positions Chart