Facebook Inc (NASDAQ:FB) Insider Christopher K. Cox sold 5,435 shares of Facebook stock on the open market in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $60.98, for a total value of $331,426.30. Following the completion of the transaction, the insider now directly owns 574,851 shares in the company, valued at approximately $35,054,414. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is -7.18%. On last trading day company shares ended up $56.76. Analysts mean target price for the company is $77.76. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is -10.36%.
Twitter (NYSE:TWTR) VP Luca Baratta sold 9,285 shares of the stock on the open market in a transaction dated Thursday, May 8th. The stock was sold at an average price of $31.44, for a total transaction of $291,920.40. Following the transaction, the vice president now directly owns 331,904 shares in the company, valued at approximately $10,435,062. Twitter Inc (NYSE:TWTR) shares advanced 4.24% in last trading session and ended the day on $31.96. Twitter Inc (NYSE:TWTR) Gross Margin is 61.20% and its return on assets is -34.60%. Twitter Inc (NYSE:TWTR) quarterly performance is -36.12%.
Rumors are circulating that AT&T Inc. (NYSE:T) is talking with DirecTV about an acquisition, and a deal would be a mistake for AT&T. This deal would not help its wireless unit as DirecTV does not have spectrum, which is why Dish would make more sense as a target. It has also successfully built U-verse, making DirecTV unnecessary, especially as AT&T would essentially be competing with itself in some markets. An acquisition would be costly, and while AT&T could afford it, it should not acquire DirecTV. AT&T Inc. (NYSE:T) net profit margin is 14.00% and weekly performance is 2.30%. On last trading day company shares ended up $36.40. Analysts mean target price for the company is $35.57. AT&T Inc. (NYSE:T) distance from 50-day simple moving average (SMA50) is 6.80%.
Applied Materials, Inc. will hold a webcast to discuss its second quarter of fiscal year 2014 financial results, along with its business outlook, on Thursday, May 15, 2014, at 4:30 p.m. ET (1:30 p.m. PT). Applied Materials, Inc.(NASDAQ:AMAT) ended the last trading day at $19.32. Company weekly volatility is calculated as 2.34% and price to cash ratio as 10.22. Applied Materials, Inc.(NASDAQ:AMAT) showed a positive weekly performance of 2.33%.
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