Facebook INC (FB) Shareholder Alphaone Investment Services LLC Has Lifted Stake

December 8, 2017 - By Adrian Erickson

Investors sentiment increased to 1.4 in Q2 2017. Its up 0.05, from 1.35 in 2017Q1. It is positive, as 48 investors sold FB shares while 553 reduced holdings. 159 funds opened positions while 684 raised stakes. 1.62 billion shares or 0.41% less from 1.63 billion shares in 2017Q1 were reported. Bradley Foster Sargent Ct has 1.93% invested in Facebook, Inc. (NASDAQ:FB). Philadelphia Trust holds 2% or 155,897 shares in its portfolio. 7.48M are held by Schwab Charles Inv. Westwood Holdg Gru reported 58,269 shares. Howard Hughes Med Institute has 26,542 shares for 0.73% of their portfolio. Marvin Palmer Inc holds 43,585 shares. Aperio Llc accumulated 1.00M shares or 0.93% of the stock. Badgley Phelps & Bell invested in 143,482 shares. Clearbridge Ltd Llc stated it has 965 shares. The United Kingdom-based Horseman Capital Mngmt Limited has invested 2.62% in Facebook, Inc. (NASDAQ:FB). Calamos Advsrs Ltd Liability Company reported 1.08 million shares. Waverton Invest Mngmt Ltd reported 69,533 shares. 9.85 million are owned by Amer Century. D Scott Neal Inc holds 0.07% or 729 shares. Bbt Cap Limited stated it has 0.7% in Facebook, Inc. (NASDAQ:FB).

Since June 8, 2017, it had 0 insider buys, and 2 insider sales for $5.82 million activity. $5.71 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Schroepfer Michael Todd. $112,689 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin on Tuesday, June 13.

Alphaone Investment Services Llc increased its stake in Facebook Inc (FB) by 49.4% based on its latest 2017Q2 regulatory filing with the SEC. Alphaone Investment Services Llc bought 28,650 shares as the company’s stock rose 10.88% with the market. The institutional investor held 86,650 shares of the technology company at the end of 2017Q2, valued at $13.08 million, up from 58,000 at the end of the previous reported quarter. Alphaone Investment Services Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $523.45B market cap company. The stock increased 2.32% or $4.08 during the last trading session, reaching $180.14. About 20.40M shares traded or 27.71% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 8, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Alphaone Investment Services Llc, which manages about $491.59 million and $371.48M US Long portfolio, decreased its stake in Cisco Sys Inc (NASDAQ:CSCO) by 345,130 shares to 8,870 shares, valued at $278,000 in 2017Q2, according to the filing.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $42.5 million of Shares” on November 30, 2017, also Investorplace.com with their article: “Facebook Inc Stock Is the Best Investment in Struggling Tech Sector” published on December 05, 2017, Livetradingnews.com published: “Facebook Inc (NASDAQ:FB) Launching Messenger For Kids” on December 07, 2017. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Bloomberg.com and their article: “Facebook to Hire 800 New Workers in London” published on December 04, 2017 as well as Fool.com‘s news article titled: “Better Buy: Facebook Inc vs. Google” with publication date: November 12, 2017.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 210 analyst reports since July 21, 2015 according to SRatingsIntel. Pivotal Research maintained the stock with “Hold” rating in Tuesday, July 11 report. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, July 30. The firm earned “Buy” rating on Friday, September 1 by Robert W. Baird. The firm has “Overweight” rating by Morgan Stanley given on Thursday, November 5. Mizuho maintained it with “Buy” rating and $230.0 target in Thursday, November 2 report. BMO Capital Markets maintained Facebook, Inc. (NASDAQ:FB) on Monday, October 16 with “Hold” rating. The stock has “Positive” rating by Susquehanna on Thursday, April 28. The rating was maintained by Deutsche Bank on Thursday, July 30 with “Buy”. On Thursday, April 28 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Cantor Fitzgerald on Friday, May 26 with “Buy”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.