$FB Fake Privacy? $171-$172; Facebook Holder Peapack Gladstone Financial Has Cut Stake

Fulton Breakefield Broenniman Llc decreased its stake in Fb (FB) by 9.99% based on its latest 2018Q4 regulatory filing with the SEC. Fulton Breakefield Broenniman Llc sold 4,923 shares as the company’s stock rose 22.38% with the market. The institutional investor held 44,335 shares of the technology company at the end of 2018Q4, valued at $5.81M, down from 49,258 at the end of the previous reported quarter. Fulton Breakefield Broenniman Llc who had been investing in Fb for a number of months, seems to be less bullish one the $491.09 billion market cap company. The stock increased 1.46% or $2.47 during the last trading session, reaching $172.07. About 18.53 million shares traded. Facebook, Inc. (NASDAQ:FB) has declined 4.87% since March 11, 2018 and is downtrending. It has underperformed by 9.24% the S&P500. Some Historical FB News: 24/05/2018 – Facebook remains haunted by revelations that the data of tens of millions may have been improperly shared with political data firm Cambridge Analytica; 02/05/2018 – FB INVESTING IN TECHNOLOGY TO BOOST ACCURACY ACROSS LANGUAGES; 26/04/2018 – Facebook is set to open roughly 8 percent higher a day after reporting better-than-expected first quarter earnings; 25/04/2018 – FB: On expense side Facebook is tightening estimate, will grow 50-60 percent (instead of 40-60 they said previously) – Safety / security / privacy – Content acquisition $FB – ! $FB; 11/04/2018 – Rep. Sarbanes: Was Facebook’s Work With the Trump Campaign Illegal?; 04/04/2018 – FACEBOOK CEO ZUCKERBERG TO TESTIFY BEFORE SENATE JUDICIARY AND COMMERCE COMMITTEES ON APRIL 10 -COMMITTEES’ STATEMENT; 26/03/2018 – FACEBOOK SAYS REVIEWING SEN. GRASSLEY INVITE FOR ZUCKERBERG; 01/05/2018 – Facebook threatens to upend online dating market; 07/03/2018 – SRI LANKA TELECOMMUNICATION REGULATOR TO BLOCK SOCIAL MEDIA NETWORKS FACEBOOK,

GOOD TIME TO BUY? SWING IT BACK AND FORTH FROM $160-$171+