Articles with the tag Facebook Shares

Facebook CEO Mark Zuckerberg Most Generous Philanthropist Of 2013

Mark Zuckerberg started Facebook in his Harvard dorm room, and in 2013, was the most generous U.S. philanthropist with a donation of 18 million shares. Back in December, the CEO gave 18 million shares to the Silicon Valley Community Foundation, which he’s also donated shares to in the past. Based on Facebook’s current stock price […]

Andreessen Horowitz Sells Off Nearly 1.3 Million Facebook Shares

Facebook stock is currently trading above $62, and a new filing reveals that venture capital firm Andreessen Horowitz sold off 1,274,869 class-A common shares. This is all the Facebook shares from its “Fund II,” and here’s the breakdown: 459,000 shares at $60.7573 815,869 shares at $61.5036 Combined, that comes out to a total of around […]

Facebook Shares Up 18% In Pre-Market Trading

Facebook shares are up 18% in pre-market trading after the company released higher than expected earnings on Wednesday. Earnings per share were set at $0.31 on an estimated price of $0.277, while revenue increased to $2.59 billion ($2.35 billion expected). Facebook managed to beat expectations thanks to mobile ad revenues which increased at a faster […]

Facebook Selling 70 Million Shares In Secondary Offering

Facebook stock has come a long way from record lows of below $20, and today announced it would be offering 70 million additional shares. Part of a secondary offering, pricing is said to be set before after hours on Friday, December 20, and the shares will be available after pricing is announced. With Facebook stock […]

Mark Zuckerberg Doubles Personal Fortune In Last Year

Facebook founder and CEO Mark Zuckerberg has doubled his personal wealth in the last year. His massive increase in personal fortune has placed Zuckerberg back on the top 20 Forbes list. Zuckerberg watched as his 2012 personal fortune of $9.4 billion increased to $19 billion. Prior to the Facebook IPO in 2011 Zuckerberg was already […]

Facebook CAO Jas Athwal Unloads Shares As Value Soars

With Facebook shares trading close to their IPO level the social networks Chief Accounting Officer Jas Athawl wasted no time in selling some of his holdings. Facebook shares closed at $36.80 on Wednesday, far above the company’s low of nearly $17. In an SEC Form 4 filing Athawl revealed sales totaling 25,375 class-A shares of […]

Facebook Shares Return To IPO Pricing

After more than a year on the open market Facebook shares have finally returned to their IPO pricing. Shares on Tuesday reached $37.63, just 37 cents below their original $38 offering and a 6% price per share increase on the day. The company’s share pricing opened at $38.22, the first time it traded above $38 […]