COO of Facebook Inc (FB) Sheryl Sandberg sells 352,904 shares of FB on 10/31/2012 at an average price of $21.08 a share.

Facebook Inc has a market cap of $46.99 billion; its shares were traded at around $21.17 with and P/S ratio of 12.7.


This is the insider trade history vs. stock price of FB. For the complete insider trading history of FB, click here.

Directors and Officers Recent Trades:

• Director Reed Hastings bought 47,846 shares of FB stock on 08/08/2012 at the average price of 21.03. Reed Hastings owns at least 47,846 shares after this. The price of the stock has increased by 0.67% since.
• VP, Gen. Counsel & Secretary Theodore Warren Ullyot sold 149,075 shares of FB stock on 11/01/2012 at the average price of 20.99. Theodore Warren Ullyot owns at least 1,267,048 shares after this. The price of the stock has increased by 0.86% since.
• Chief Accounting Officer David Spillane sold 256,000 shares of FB stock on 10/31/2012 at the average price of 21.04. David Spillane owns at least 160,479 shares after this. The price of the stock has increased by 0.62% since.
• COO Sheryl Sandberg sold 352,904 shares of FB stock on 10/31/2012 at the average price of 21.08. Sheryl Sandberg owns at least 20,014,120 shares after this. The price of the stock has increased by 0.43% since.
• Director James Breyer sold 3,563,387 shares of FB stock on 10/25/2012 at the average price of 22.77. James Breyer owns at least 75,812,680 shares after this. The price of the stock has decreased by 7.03% since.

For the complete insider trading history of FB, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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