Mediaboss Marketing

Darrell & King LLC reduced its stake in shares of Facebook, Inc. (NASDAQ:FB) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,745 shares of the social networking companys stock after selling 3,233 shares during the quarter. Facebook comprises approximately 6.8% of Darrell & King LLCs holdings, making the stock its 4th largest position. Darrell & King LLCs holdings in Facebook were worth $32,543,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Nuveen Asset Management LLC increased its position in Facebook by 5,336.8% during the second quarter. Nuveen Asset Management LLC now owns 22,496,340 shares of the social networking companys stock valued at $4,341,794,000 after acquiring an additional 22,082,561 shares during the last quarter. Invesco Ltd. lifted its position in shares of Facebook by 36.5% during the second quarter. Invesco Ltd. now owns 35,051,341 shares of the social networking companys stock valued at $6,764,908,000 after buying an additional 9,368,684 shares during the last quarter. Viking Global Investors LP lifted its position in Facebook by 231.7% during the second quarter. Viking Global Investors LP now owns 7,063,705 shares of the social networking companys stock valued at $1,363,295,000 after acquiring an additional 4,934,406 shares during the last quarter. BlackRock Inc. increased its position in Facebook by 2.8% during the 2nd quarter. BlackRock Inc. now owns 151,662,410 shares of the social networking companys stock valued at $29,270,846,000 after buying an additional 4,114,043 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Facebook by 2.0% in the second quarter. Vanguard Group Inc. now owns 180,682,575 shares of the social networking companys stock worth $34,871,738,000 after acquiring an additional 3,465,756 shares in the last quarter. 63.77% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently weighed in on FB. Guggenheim reissued a hold rating on shares of Facebook in a report on Tuesday, September 10th. Morgan Stanley raised their price objective on shares of Facebook from $235.00 to $250.00 and gave the stock an overweight rating in a research note on Thursday, October 31st. Rosenblatt Securities set a $242.00 price objective on shares of Facebook and gave the stock a buy rating in a research report on Tuesday, October 15th. Summit Redstone assumed coverage on Facebook in a research report on Friday, September 27th. They issued a buy rating for the company. Finally, Barclays dropped their target price on shares of Facebook from $240.00 to $220.00 and set an overweight rating on the stock in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and forty-two have assigned a buy rating to the stock. Facebook has an average rating of Buy and a consensus price target of $229.04.

In other news, CRO David B. Fischer sold 11,638 shares of the firms stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $202.00, for a total value of $2,350,876.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Mark Zuckerberg sold 125,600 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $187.02, for a total transaction of $23,489,712.00. The disclosure for this sale can be found here. Insiders sold 2,619,746 shares of company stock valued at $485,932,630 in the last three months. 14.53% of the stock is currently owned by company insiders.

NASDAQ FB traded up $0.24 during trading hours on Friday, hitting $206.30. 27,306,825 shares of the companys stock were exchanged, compared to its average volume of 16,404,604. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.66 and a current ratio of 4.66. The firm has a market capitalization of $588.32 billion, a P/E ratio of 27.25, a price-to-earnings-growth ratio of 1.11 and a beta of 1.05. The businesss 50 day moving average is $197.40 and its 200-day moving average is $189.73. Facebook, Inc. has a 12-month low of $123.02 and a 12-month high of $208.66.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, October 30th. The social networking company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.21. Facebook had a net margin of 27.08% and a return on equity of 20.39%. The business had revenue of $17.65 billion during the quarter, compared to the consensus estimate of $17.35 billion. During the same period in the prior year, the firm earned $1.76 earnings per share. The businesss quarterly revenue was up 28.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Facebook, Inc. will post 8.48 EPS for the current fiscal year.

Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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Darrell & King LLC Has $32.54 Million Stake in Facebook, Inc. (NASDAQ:FB) - Riverton Roll

Facebook, Inc. (NASDAQ:FB) VP Jennifer Newstead sold 260 shares of the businesss stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $198.93, for a total transaction of $51,721.80. Following the completion of the sale, the vice president now owns 2,086 shares of the companys stock, valued at $414,967.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jennifer Newstead also recently made the following trade(s):

NASDAQ:FB opened at $206.30 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.66 and a current ratio of 4.66. The company has a 50-day moving average of $197.40 and a 200-day moving average of $189.73. Facebook, Inc. has a 52 week low of $123.02 and a 52 week high of $208.66. The company has a market capitalization of $587.63 billion, a price-to-earnings ratio of 32.92, a PEG ratio of 1.17 and a beta of 1.05.

Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, October 30th. The social networking company reported $2.12 earnings per share for the quarter, beating the Zacks consensus estimate of $1.91 by $0.21. Facebook had a net margin of 27.08% and a return on equity of 20.39%. The business had revenue of $17.65 billion for the quarter, compared to analysts expectations of $17.35 billion. During the same quarter in the previous year, the firm posted $1.76 earnings per share. The firms revenue for the quarter was up 28.6% on a year-over-year basis. Sell-side analysts forecast that Facebook, Inc. will post 8.48 EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. United Bank boosted its stake in shares of Facebook by 32.7% during the 2nd quarter. United Bank now owns 2,499 shares of the social networking companys stock valued at $482,000 after buying an additional 616 shares during the period. KBC Group NV increased its position in Facebook by 5.8% in the second quarter. KBC Group NV now owns 726,543 shares of the social networking companys stock worth $140,223,000 after purchasing an additional 39,818 shares during the last quarter. Janus Henderson Group PLC raised its stake in Facebook by 8.2% during the second quarter. Janus Henderson Group PLC now owns 8,257,177 shares of the social networking companys stock valued at $1,593,606,000 after purchasing an additional 628,233 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in Facebook by 12.1% during the second quarter. Gamco Investors INC. ET AL now owns 30,405 shares of the social networking companys stock valued at $5,868,000 after purchasing an additional 3,289 shares in the last quarter. Finally, Eagle Asset Management Inc. lifted its position in Facebook by 1.3% during the second quarter. Eagle Asset Management Inc. now owns 37,493 shares of the social networking companys stock valued at $7,236,000 after purchasing an additional 491 shares during the last quarter. 63.77% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on FB. Barclays lowered their price target on Facebook from $240.00 to $220.00 and set an overweight rating on the stock in a research report on Thursday, October 31st. Piper Jaffray Companies initiated coverage on Facebook in a research report on Tuesday, December 3rd. They set an overweight rating and a $230.00 price objective for the company. Wells Fargo & Co set a $260.00 price objective on Facebook and gave the stock a buy rating in a research report on Friday, November 1st. Deutsche Bank increased their target price on Facebook from $260.00 to $270.00 and gave the company a buy rating in a research note on Wednesday. Finally, DZ Bank reaffirmed a buy rating on shares of Facebook in a report on Thursday, October 31st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and forty-one have given a buy rating to the company. The company currently has an average rating of Buy and an average price target of $231.82.

Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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Jennifer Newstead Sells 260 Shares of Facebook, Inc. (NASDAQ:FB) Stock - Riverton Roll

The Social Networking market report will provide one with overall market analysis, statistics, and every minute data relating to the Social Networking market necessary for forecasting its revenue, factors propelling & hampering its growth, key market players [Facebook, Instagram, Google, LinkedIn, Twitter, Tencent, Pinterest, Tumblr], and much more. In addition, the key focus points of the report are services, analytics, billings, management, and system.

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Ronald Morton is a Digital Marketing Associate in Leading Market Research Company. He has a very deep interest in all technology topics whatsoever. His passion, dedication and quick decision-making ability make him stand apart from others. He has involvement in both B2C and B2B markets.

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Global Social Networking Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2025 - News Agree

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Snap stock (SNAP) is trading higher Friday after JMP Securities analyst Ronald Josey upped his rating on the social networking companys shares to Market Outperform from Market Perform, setting a price target of $20, well above yesterdays close at $14.45.

We are incrementally confident in Snaps ability to grow its user base, increase engagement given newer products and services, and improve overall monetization as the service attracts more advertisers and share of ad budgets, Josey writes in a research note.

He adds that the company is now more stable than it was when entering 2019, and as we look into 2020, we believe Snap is well positioned to continue to add [users] and close the monetization gap with other major social networks as its sales force reorg is now behind it and the company launches new and innovative advertising products.

Josey concedes that the stock looks more expensive than rivals, trading at 7.5 times enterprise value to estimated 2021 revenue. But he adds that Snap is operating and executing better, which should lead to continued revenue growth and improving overall profitability going forward. And he thinks the valuation can go higher still; his price target is based on a multiple of 10 times estimated revenue.

Josey points out that Snap reaches 90% of 13- to 24-year-olds, with 210 million daily active users globally.

We justify our valuation multiple given Snaps highly engaged audience of 13- to 24-year-olds (who are increasingly difficult to reach through traditional media), improved sales execution and ad formats, and ramping profitability, he writes. All this as the broader online advertising market continues to take share of traditional ads and Snap is one of the few platforms that we believe can take advantage of this transition.

Snap stock was up 2.3% to $14.79 in recent trading.

Write to Eric J. Savitz at eric.savitz@barrons.com

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Snap Stock Is Rallying. An Analyst Says Its Expensive But Could Go Even Higher. - Barron's

Twitter has announced that it will expand its Trust and Safety Council advisory group to ensure that it considers the perspectives of a broader cross-section of society when establishing its platform rules and policies.

As per Twitter:

"In 2016,we established the Twitter Trust and Safety Council, which brings together more than 40 experts and organizations to help advise us as we develop our products, programs and the Twitter Rules. Weve been discussing internally and with the current members how we can make sure the Council best serves the people who use Twitter, and heard feedback that we needed to broaden membership to include a more diverse range of voices and organize members to have deeper conversations."

To meet such need, Twitter says that the Council will now be made up of several dedicated groups, "each focused on advising us on important issues that contribute to real-world harm".

Those key areas will be:

Twitter says that making a more specific focus on these areas will help it adapt to rising challenges faster, while expanding the representative groups within its council will ensure more perspectives are considered in its policy decisions.

Twitter's also looking to establish working groups on additional areas of concern:

"One such group will work on the issues we face as we broaden our interpretation of dehumanization."

These are key issues, and ensuringthat as many perspectives as possible are considered will ideally help Twitter to formulate more inclusive, adaptive rules, which cater to evolving demand. Interestingly, Twitter's also creating a separate internal group to examine the possibilities of a decentralized social networking model, which, among other things, may be able to address these same concerns by opening them up to even more inputs.

No social platform, or indeed, any space where such a wide range of different people interact, will ever be able to solve all of these issues, as such. But by opening up the discussion to a broader set of perspectives, and taking in more considerations, Twitter will better ensure that its policies are inclusive, relevant, and get to the heart of each issue.

Twitter says that it will share more details about its processes on such next month.

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Twitter Announces Expansion of Trust and Safety Council to Improve Platform Policies - Social Media Today