Facebook, Inc. (FB) Is At $179.37 Formed Wedge; Point72 Asia Hong Kong LTD Raised Its New Oriental Ed & Tech Grp I (EDU) Holding

Point72 Asia Hong Kong Ltd increased New Oriental Ed & Tech Grp I (EDU) stake by 93.99% reported in 2017Q3 SEC filing. Point72 Asia Hong Kong Ltd acquired 120,306 shares as New Oriental Ed & Tech Grp I (EDU)’s stock rose 45.08%. The Point72 Asia Hong Kong Ltd holds 248,300 shares with $21.92 million value, up from 127,994 last quarter. New Oriental Ed & Tech Grp I now has $16.59B valuation. The stock increased 2.94% or $3 during the last trading session, reaching $104.92. About 2.50 million shares traded or 58.59% up from the average. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 76.69% since January 14, 2017 and is uptrending. It has outperformed by 59.99% the S&P500.

Facebook, Inc. (FB) formed wedge up with $193.72 target or 8.00% above today’s $179.37 share price. Facebook, Inc. (FB) has $521.22 billion valuation. The stock decreased 4.47% or $8.4 during the last trading session, reaching $179.37. About 77.55M shares traded or 356.22% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 14, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It is negative, as 53 investors sold Facebook, Inc. shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Winfield Assoc reported 14,315 shares. Atlanta Cap Mgmt L L C owns 384,479 shares. Tdam Usa owns 10,531 shares. Dock Street Asset Mngmt Incorporated reported 4.27% stake. Bridges Counsel owns 0.34% invested in Facebook, Inc. (NASDAQ:FB) for 3,615 shares. Bender Robert And has 56,018 shares. Addison Cap reported 8,307 shares. Amundi Pioneer Asset invested 0.4% of its portfolio in Facebook, Inc. (NASDAQ:FB). Kelly Lawrence W & Assoc Ca holds 750 shares. Beech Hill Advsrs Incorporated stated it has 5.02% in Facebook, Inc. (NASDAQ:FB). Blackhill holds 400 shares or 0.01% of its portfolio. Signalpoint Asset Management Ltd accumulated 3,160 shares. Barrington Strategic Wealth Mngmt Ltd Liability Co, Illinois-based fund reported 1,917 shares. Glg Limited Partnership accumulated 1.23% or 136,407 shares. Principal Financial reported 0.71% stake.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 EPS, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64 billion for 23.11 P/E if the $1.94 EPS becomes a reality. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook has $240.0 highest and $88 lowest target. $186.60’s average target is 4.03% above currents $179.37 stock price. Facebook had 217 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Facebook, Inc. (NASDAQ:FB) has “Outperform” rating given on Thursday, November 3 by Wells Fargo. The firm has “Sell” rating given on Friday, October 30 by Jyske Bank. The company was maintained on Thursday, November 2 by Oppenheimer. The stock of Facebook, Inc. (NASDAQ:FB) has “Positive” rating given on Monday, August 10 by Susquehanna. The firm has “Buy” rating given on Friday, July 21 by Goldman Sachs. The firm earned “Buy” rating on Tuesday, June 20 by Cantor Fitzgerald. The firm has “Buy” rating given on Tuesday, September 19 by Mizuho. The stock of Facebook, Inc. (NASDAQ:FB) has “Hold” rating given on Thursday, July 27 by Pivotal Research. On Thursday, April 28 the stock rating was maintained by Monness Crespi with “Buy”. The rating was maintained by KeyBanc Capital Markets with “Buy” on Tuesday, October 3.

Since August 7, 2017, it had 0 insider buys, and 38 sales for $950.72 million activity. 750 Facebook, Inc. (NASDAQ:FB) shares with value of $134,125 were sold by Stretch Colin. $2.74M worth of Facebook, Inc. (NASDAQ:FB) was sold by Cox Christopher K. Schroepfer Michael Todd also sold $6.57M worth of Facebook, Inc. (NASDAQ:FB) shares. 50,533 Facebook, Inc. (NASDAQ:FB) shares with value of $8.59M were sold by FISCHER DAVID B.. Koum Jan sold $502.59M worth of stock. Zuckerberg Mark also sold $42.50M worth of Facebook, Inc. (NASDAQ:FB) shares. $2.59M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Wehner David M..

Among 12 analysts covering New Oriental Education & Technology Group (NYSE:EDU), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. New Oriental Education & Technology Group had 31 analyst reports since September 9, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Sunday, August 27. The rating was maintained by Benchmark with “Buy” on Wednesday, April 19. The firm has “Buy” rating by Benchmark given on Friday, October 6. The stock of New Oriental Education & Technology Group Inc. (NYSE:EDU) has “Overweight” rating given on Wednesday, September 9 by JP Morgan. Jefferies upgraded the stock to “Buy” rating in Wednesday, October 21 report. Benchmark maintained the shares of EDU in report on Wednesday, July 26 with “Buy” rating. The firm earned “Buy” rating on Thursday, July 13 by Jefferies. On Friday, August 25 the stock rating was initiated by Morgan Stanley with “Overweight”. The company was maintained on Wednesday, April 26 by Jefferies. J.P. Morgan downgraded New Oriental Education & Technology Group Inc. (NYSE:EDU) on Thursday, September 14 to “Sell” rating.

Free Email Newsletter

Enter your email address below to get the latest news and analysts’ ratings for your stocks with our free daily email newsletter: