Javier Olivan Sells 517 Shares of Meta Platforms (NASDAQ:META) Stock

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $749.57, for a total transaction of $387,527.69. Following the completion of the transaction, the chief operating officer directly owned 7,958 shares of the company’s stock, valued at approximately $5,965,078.06. This represents a 6.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, October 20th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were 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 shares were sold at an average price of $713.34, for a total transaction of $368,796.78.
• On Monday, October 6th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $704.81, for a total transaction 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 transaction of $387,088.24.
• On Monday, September 22nd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were 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 shares were 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 stock was 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 stock was 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 value of $390,391.87.
• On Monday, August 18th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $775.00, for a total value of $400,675.00.

Meta Platforms Trading Down 11.3%

Shares of META opened at $666.47 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.67 trillion, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 1.60 and a beta of 1.20. The stock’s fifty day simple moving average is $740.41 and its 200 day simple moving average is $695.92. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a return on equity of 39.69% and a net margin of 30.89%.The business’s quarterly revenue was up 26.2% on a year-over-year basis. During the same period last year, the company posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on META shares. Stifel Nicolaus dropped their price objective on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research report on Thursday. Pivotal Research increased their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Hsbc Global Res raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. The Goldman Sachs Group reissued a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Finally, Truist Financial dropped their price objective on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $827.60.

Institutional Trading of Meta Platforms

Several large investors have recently modified their holdings of META. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms during the 1st quarter worth $28,000. Bare Financial Services Inc acquired a new position in Meta Platforms during the 2nd quarter worth $30,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms during the 1st quarter worth $33,000. Evergreen Private Wealth LLC grew its holdings in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares in the last quarter. Finally, Briaud Financial Planning Inc acquired a new position in Meta Platforms during the 2nd quarter worth $42,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

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.