Meta Platforms (NASDAQ:META) Insider Jennifer Newstead Sells 519 Shares

Meta Platforms, Inc. (NASDAQ:META) insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $624.14, for a total value of $323,928.66. Following the completion of the transaction, the insider directly owned 31,253 shares in the company, valued at $19,506,247.42. This trade represents a 1.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Jennifer Newstead also recently made the following trade(s):

• On Tuesday, November 18th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $591.60, for a total value of $307,040.40.
• On Monday, November 10th, Jennifer Newstead sold 516 shares of Meta Platforms stock. The stock was sold at an average price of $631.00, for a total transaction of $325,596.00.
• On Tuesday, November 4th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $628.00, for a total transaction of $325,932.00.
• On Tuesday, October 28th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $753.00, for a total value of $390,807.00.
• On Tuesday, October 21st, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $736.37, for a total value of $382,176.03.
• On Tuesday, October 14th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $707.85, for a total value of $367,374.15.
• On Tuesday, October 7th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $716.98, for a total value of $372,112.62.
• On Tuesday, September 30th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $741.50, for a total value of $384,838.50.
• On Tuesday, September 23rd, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $769.20, for a total transaction of $399,214.80.
• On Tuesday, September 16th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $767.16, for a total transaction of $398,156.04.

Meta Platforms Stock Performance

Meta Platforms stock traded down $2.61 during mid-day trading on Wednesday, reaching $633.61. 15,180,534 shares of the company were exchanged, compared to its average volume of 15,539,958. The firm’s 50-day simple moving average is $691.78 and its two-hundred day simple moving average is $706.84. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The firm has a market cap of $1.60 trillion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 1.28 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98.

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

Meta Platforms Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on META. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a research note on Tuesday. Wells Fargo & Company dropped their target price on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Mizuho cut their target price on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. DA Davidson set a $825.00 price target on Meta Platforms in a research note on Thursday, October 30th. Finally, Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $823.93.

Institutional Trading of Meta Platforms

Large investors have recently bought and sold shares of the company. Westchester Capital Management Inc. acquired a new position in Meta Platforms during the third quarter worth about $26,000. Bare Financial Services Inc acquired a new position in shares of Meta Platforms during the 2nd quarter worth approximately $30,000. Evergreen Private Wealth LLC lifted its stake in Meta Platforms by 237.5% in the 2nd 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 stake in Meta Platforms in the 1st quarter valued at approximately $33,000. Finally, Briaud Financial Planning Inc acquired a new stake in Meta Platforms during the 2nd quarter valued at $42,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Company Profile

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.