Insider Selling: Meta Platforms (NASDAQ:META) Insider Sells $325,932.00 in Stock

Meta Platforms, Inc. (NASDAQ:META) insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $628.00, for a total value of $325,932.00. Following the completion of the sale, the insider directly owned 27,237 shares in the company, valued at approximately $17,104,836. This represents a 1.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Tuesday, October 28th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were 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 shares were 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 stock was 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 shares were sold at an average price of $716.98, for a total transaction of $372,112.62.
• On Tuesday, September 30th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $741.50, for a total transaction 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.
• On Tuesday, September 9th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $757.50, for a total transaction of $393,142.50.
• On Tuesday, September 2nd, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $726.25, for a total transaction of $376,923.75.
• On Tuesday, August 26th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $750.47, for a total value of $389,493.93.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $621.71 on Friday. The business’s 50 day moving average price is $726.22 and its two-hundred day moving average price is $702.51. The company has a market cap of $1.56 trillion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data 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 company had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same period last year, the firm posted $6.03 earnings per share. The business’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. On average, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a report on Thursday, October 30th. Bank of America decreased their price target on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Wedbush reissued an “outperform” rating and issued a $920.00 price target on shares of Meta Platforms in a report on Thursday, October 30th. DA Davidson set a $825.00 price objective on Meta Platforms in a report on Thursday, October 30th. Finally, Barclays decreased their target price on Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Four 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, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Institutional Investors Weigh In On Meta Platforms

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Meta Platforms by 0.8% in the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after purchasing an additional 1,532,568 shares during the period. State Street Corp grew its stake in Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares in the last quarter. Kingstone Capital Partners Texas LLC raised its position in shares of Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after buying an additional 59,766,000 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Meta Platforms by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock worth $37,902,948,000 after acquiring an additional 682,768 shares during the period. Finally, Norges Bank bought a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $23,155,393,000. 79.91% of the stock is currently owned by institutional investors.

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.