Insider Selling: Meta Platforms (NASDAQ:META) COO Sells $339,152.00 in Stock

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $656.00, for a total transaction of $339,152.00. Following the completion of the transaction, the chief operating officer owned 7,441 shares of the company’s stock, valued at $4,881,296. This trade represents a 6.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Javier Olivan also recently made the following trade(s):

• On Monday, October 27th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $749.57, for a total transaction of $387,527.69.
• On Monday, October 20th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $721.30, for a total transaction of $372,912.10.
• On Monday, October 13th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $713.34, for a total value of $368,796.78.
• On Monday, October 6th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $704.81, for a total value of $364,386.77.
• On Monday, September 29th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $748.72, for a total value of $387,088.24.
• On Monday, September 22nd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $781.33, for a total transaction of $403,947.61.
• On Monday, September 15th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $757.47, for a total transaction of $391,611.99.
• On Monday, September 8th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $755.65, for a total transaction of $390,671.05.
• On Tuesday, September 2nd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $726.25, for a total transaction of $375,471.25.
• On Monday, August 25th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $755.11, for a total transaction of $390,391.87.

Meta Platforms Stock Performance

Shares of META stock opened at $621.71 on Friday. The company has a market cap of $1.56 trillion, a P/E ratio of 27.46, a PEG ratio of 1.37 and a beta of 1.20. The firm has a fifty day moving average price of $726.22 and a 200 day moving average price of $701.11. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.Meta Platforms’s quarterly revenue was up 26.2% on a year-over-year basis. During the same period last year, the firm earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is presently 9.28%.

Institutional Trading of Meta Platforms

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms during the third quarter worth about $26,000. Bare Financial Services Inc acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at approximately $30,000. Evergreen Private Wealth LLC boosted its stake in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in Meta Platforms in the first quarter worth $33,000. Finally, Briaud Financial Planning Inc acquired a new stake in Meta Platforms in the second quarter valued at $42,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on META. Oppenheimer lowered shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 30th. Monness Crespi & Hardt lowered their target price on shares of Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Truist Financial cut their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Pivotal Research boosted their price target on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, TD Cowen dropped their price objective on Meta Platforms from $875.00 to $810.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $827.60.

About Meta Platforms

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.