While it’s been nearly a year and a half since Facebook Inc (NASDAQ:FB) rolled out the ‘Mentions’ feature for iOS, today the company has finally announced that the feature is available on Android devices as well. Mentions is only availale to public figures such as actors, athletes, politicians, musicians, journalists and other notable individuals, and provides them with more functionaility to interact with their fans and followers.
Below you will find an overview of how this new Android Facebook (NASDAQ:FB) feature works:
• Go Live – Allows you to tell your story as it happens with live video.
• Talk with Followers – See what people are saying about you and the topics you’re interested in.
• Stay in the Loop – Posts from the people you follow and trending stories all in one place.
• Start a Conversation – Share updates, photos, videos and more with your followers, directly from your phone.
Android users can download the application here. The stock is down 1.16% or $1.15 following the news, hitting $98.22 per share. Approximately 15.62M shares traded hands. FB shares have risen 23.18% since June 9, 2015 and are currently uptrending. It has outperformed the S&P500 by 30.66%.
From a total of 33 analysts covering Facebook (NASDAQ:FB) stock, 32 rate it a “Buy”, 1 a “Sell”, and 0 a “Hold”. This means that 97% of the ratings are positive. The highest target price is $155.0 while the lowest target price is $88. The mean of all analyst targets is $122.65 which is 24.87% above today’s ($98.22) stock price. Facebook was the topic of 58 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Argus Research maintained shares on November 6 with a “Buy” rating. Morgan Stanley maintained shares with a”Overweight” rating and a $120 target share price in their report from a November 5. Canaccord Genuity maintained FB stock in a recent report from November 5 with a “Buy” rating. Credit Suisse maintained the rating on November 5. Credit Suisse has a “Outperform” rating and a $135 price target on shares. Finally, Jefferies maintained the stock with a “Buy” rating in a report they issued on a November 5.
The institutional sentiment increased to 1.73 in Q2 2015. It’s up 0.01, from 1.72 in 2015Q2. The ratio improved, as 69 funds sold all their Facebook Inc shares they owned while 375 reduced their positions. 126 funds bought stakes while 643 increased their total positions. Institutions now own 1.55 billion shares which is 2.48% more than the previous share count of 1.51 billion in 2015Q2.
Millennium Tvp Management Co. Llc holds 52.76% of its total portfolio in Facebook Inc, equating to 639,552 shares. Parametric Risk Advisors Llc owns 7.97 million shares representing 46.51% of their total US portfolio. Moreover, Sc Us (Ttgp) Ltd. has 41.15% of their total portfolio invested in the company, equating to 1.04 million shares. The California-based Meritech Capital Associates Iii L.L.C. has a total of 37.81% of their portfolio invested in the stock. Duquesne Family Office Llc, a New York-based fund reported 4.09 million shares owned.
Since February 25, 2015, the stock had 0 insider buys, and 40 selling transactions for a total of $179.24 million in net activity. Athwal Jas sold 30,000 shares worth $3.06M. Stretch Colin sold 1,000 shares worth $98,710. Cox Christopher K sold 5,778 shares worth $561,622. Schroepfer Michael Todd sold 31,283 shares worth $3.00M. The insider Fischer David B. sold 15,000 shares worth $1.43 million.
Facebook, Inc. is a social networking company. The company has a market cap of $277.77 billion. The Firm is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It has 98.67 P/E ratio. It offers various services focused on people, marketers and developers.