One of the leading social networking site, Facebook Inc (NASDAQ:FB) has recently piloted arange of developments and projects for fulfilling the needs of its various users. Subsequent to F8 conference, the Chief Executive Officer of FB, Mark Zuckerberg, has launched multiple applications ranging from enhancing user experience to fixing the high security concerns. In line of these recent announcements, FB has launched its latest app pertaining to entertainment domain that is all set to roll in the future. Thus, FB is sure to increase its user tally with new interesting applications and features in the coming quarters. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 5.74%. On last trading day company shares ended up $61.35. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 0.72%.
Demand Media Inc (NYSE:DMD) had its target price reduced by Jefferies Group from $5.00 to $4.50 in a research note released on Friday morning, Analyst RN reports. Demand Media Inc (NYSE:DMD) shares advanced 2.35% in last trading session and ended the day on $4.35. Gross Margin is 45.10% and its return on assets is -4.20%. Demand Media Inc (NYSE:DMD) quarterly performance is -22.32%.
Trulia Inc (NYSE:TRLA) rallied 6.55% after insider selling. The company’s Director Sami Inkinen sold 5,800 shares of the company’s stock in a transaction that occurred on Monday, May 19th.Trulia Inc (NYSE:TRLA) shares moved up 3.56% in last trading session and was closed at $38.67, while trading in range of $36.52 – $39.25. Trulia Inc (NYSE:TRLA) year to date (YTD) performance is 9.64%.
SINA Corp (NASDAQ:SINA) had its target price lowered by Deutsche Bank from $87.00 to $60.00 in a research note released on Friday morning. SINA Corp (NASDAQ:SINA) ended the last trading day at $46.53. Company weekly volatility is calculated as 5.12% and price to cash ratio as 1.64. SINA Corp (NASDAQ:SINA) showed a negative weekly performance of -2.41%.
Yahoo Inc. (NASDAQ:YHOO) announced its 1Q 2014 results Tuesday, which were slightly above Wall Street expectations. It earned $0.38 per share on $1.087 billion in revenues (ex-traffic acquisition costs or TAC). GAAP net earnings for the first quarter of 2014 were $312 million or $0.29 per share, a 20% decrease compared to $390 million or $0.35 per share in the first quarter of 2013. Yahoo said it made progress on its mobile strategy, with 430 million monthly users for mobile in the latest results, a 30% year-over-year growth. Yahoo’s display advertising revenue (ex-TAC) was up 2% to $409 million and search advertising revenue increased by 9% to $444 million. Yahoo’s advertising business faces intense competition from Google (GOOG), Facebook (FB), Microsoft (MSFT), and Twitter (TWTR). Yahoo! Inc. (NASDAQ:YHOO) net profit margin is 27.60% and weekly performance is 4.82%. On last trading day company shares ended up $35.02. Analysts mean target price for the company is $42.15. Yahoo! Inc. (NASDAQ:YHOO) distance from 50-day simple moving average (SMA50) is -1.28%.