Tech Sector Watchlist: Facebook (NASDAQ:FB), Micron Technology (NASDAQ:MU), Merck & Co (NYSE:MRK), CBS Corporation (NYSE:CBS)

Facebook (NASDAQ:FB) VP David B. Fischer sold 36,000 shares of Facebook stock on the open market in a transaction dated Thursday, April 10th. The shares were sold at an average price of $61.34, for a total value of $2,208,240.00. Following the sale, the vice president now directly owns 414,796 shares in the company, valued at approximately $25,443,587. Facebook Inc (NASDAQ:FB) shares after opening at $57.60 moved to $60.31 on last trade day and at the end of the day closed at $58.53. Company price to sales ratio in past twelve months was calculated as 19.06 and price to cash ratio as 9.31. Facebook Inc (NASDAQ:FB) showed a positive weekly performance of 3.14%.

Micron Technology, Inc. (NASDAQ: MU) has licensed Avago’s 28nm Low Power 30Gbps Serializer /Deserializer (SerDes) IP for use in Micron’s next generation Hybrid Memory Cube (HMC) devices. Micron Technology, Inc. (NASDAQ:MU) shares fell -2.54% in last trading session and ended the day on $21.13. MU return on equity ratio is recorded as 34.50% and its return on assets is 17.00%. Micron Technology, Inc. (NASDAQ:MU) yearly performance is111.09%.

In Merck & Co. news, CEO Kenneth C. Frazier unloaded 10,047 shares of the stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of $57.24, for a total value of $575,090.28. Merck & Co., Inc. (NYSE:MRK) shares moved up 0.13% in last trading session and was closed at $55.92, while trading in range of $ 55.30 – 56.60. Merck & Co., Inc. (NYSE:MRK) year to date (YTD) performance is 12.61%.

Equities researchers at JPMorgan Chase & Co. assumed coverage on shares of CBS (NYSE:CBS) in a research report issued on Wednesday, American Banking & Market News reports. The firm set an “overweight” rating on the stock. CBS Corporation (NYSE:CBS) weekly performance is -4.68%. On last trading day company shares ended up $58.68. CBS Corporation (NYSE:CBS) distance from 50-day simple moving average (SMA50) is -7.75%. Analysts mean target price for the company is $63.00.