Meta Platforms (NASDAQ:META) Shares Purchased by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on October 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

Meta Platforms Trading Down 0.8%

Shares of NASDAQ:META traded down $5.16 during trading on Thursday, reaching $623.61. 10,268,372 shares of the company traded hands, compared to its average volume of 24,363,250. The firm has a market capitalization of $1.59 trillion, a price-to-earnings ratio of 21.26, a P/E/G ratio of 1.09 and a beta of 1.28. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $779.82. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.30. The business’s fifty day moving average is $679.23 and its 200-day moving average is $631.88.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Thursday, October 22nd. The social networking company reported $7.40 EPS for the quarter, beating analysts’ consensus estimates of $6.54 by $0.86. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The company had revenue of $64.60 billion during the quarter, compared to analyst estimates of $63.34 billion. During the same period in the prior year, the business posted $7.25 EPS. The firm’s revenue was up 26.1% compared to the same quarter last year. As a group, analysts forecast that Meta Platforms, Inc. will post 29.01 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were given a $0.5250 dividend. The ex-dividend date was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is presently 7.16%.

Trending Headlines about Meta Platforms

Investors following META have been watching these headlines:

• Positive Sentiment: ETFs bought about $99.7 million of Meta shares on Nov. 10, a sign of institutional fund demand. ETFs Bought $99.7 Million of Meta Platforms
• Neutral Sentiment: Infrastructure chief Santosh Janardhan plans to leave in early 2027, with former AWS executive David Brown set to take over. The handoff is planned, though the leadership change comes as Meta expands its AI computing infrastructure. Meta Head of Infrastructure Will Leave
• Negative Sentiment: Meta’s $27 billion off-balance-sheet AI data-center financing drew criticism from investor Steve Eisman, who compared it to Enron; another investor disputed the comparison. The debate could heighten scrutiny of the scale and transparency of Meta’s AI spending. Meta’s $27B Off-Balance-Sheet AI Deal

Analysts Set New Price Targets

Several analysts have commented on META shares. DA Davidson raised their price objective on shares of Meta Platforms from $700.00 to $800.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Royal Bank Of Canada upped their target price on Meta Platforms from $770.00 to $800.00 and gave the stock an “outperform” rating in a report on Thursday, October 22nd. Monness Crespi & Hardt reissued a “buy” rating and issued a $875.00 target price on shares of Meta Platforms in a research report on Thursday, October 22nd. Deutsche Bank raised their target price on Meta Platforms from $750.00 to $820.00 and gave the company a “buy” rating in a research note on Friday, September 25th. Finally, Morgan Stanley lifted their price target on Meta Platforms from $775.00 to $820.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $833.12.

Hedge Funds Weigh In On Meta Platforms

Several institutional investors and hedge funds have recently modified their holdings of META. Corient Private Wealth LP boosted its position in shares of Meta Platforms by 723.1% during the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company’s stock valued at $4,957,946,000 after buying an additional 7,732,446 shares during the last quarter. Jupiter Topco LLC purchased a new position in Meta Platforms in the 2nd quarter worth about $2,948,486,000. State Street Corp raised its position in Meta Platforms by 4.0% in the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock worth $51,841,811,000 after buying an additional 3,510,123 shares during the last quarter. Bank of America Corp DE lifted its stake in Meta Platforms by 14.6% during the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock valued at $12,036,491,000 after acquiring an additional 2,673,494 shares during the period. Finally, Amundi lifted its stake in Meta Platforms by 18.1% during the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock valued at $6,784,873,000 after acquiring an additional 1,815,017 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Insider Activity at Meta Platforms

In other news, CAO Aaron Anderson sold 3,240 shares of the firm’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the transaction, the chief accounting officer directly owned 6,271 shares in the company, valued at $3,875,854.26. This trade represents a 34.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the sale, the chief technology officer owned 828 shares of the company’s stock, valued at approximately $462,024. This represents a 90.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 150,973 shares of company stock valued at $103,128,307 over the last quarter. 13.42% of the stock is owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Meta Platforms

Meta Platforms, Inc. is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world. The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.