
Grisanti Capital Management Llc increased its stake in Facebook Inc (FB) by 18% based on its latest 2019Q1 regulatory filing with the SEC. Grisanti Capital Management Llc bought 7,955 shares as the company’s stock rose 13.53% with the market. The hedge fund held 52,160 shares of the technology company at the end of 2019Q1, valued at $8.70M, up from 44,205 at the end of the previous reported quarter. Grisanti Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $554.80 billion market cap company. The stock decreased 1.04% or $2.04 during the last trading session, reaching $194.36. About 931,899 shares traded. Facebook, Inc. (NASDAQ:FB) has declined 0.20% since July 8, 2018 and is downtrending. It has underperformed by 4.63% the S&P500. Some Historical FB News: 21/03/2018 – FACEBOOK’S ZUCKERBERG SAYS AFTER LAST WEEK’S LEARNING, IMMEDIATELY BANNED CAMBRIDGE ANALYTICA FROM USING ANY OF FACEBOOK’S SERVICES; 05/03/2018 – LYV: So a