Jennifer Newstead Sells 516 Shares of Meta Platforms (NASDAQ:META) Stock

Meta Platforms, Inc. (NASDAQ:META) insider Jennifer Newstead sold 516 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $631.00, for a total value of $325,596.00. Following the completion of the transaction, the insider directly owned 26,721 shares in the company, valued at $16,860,951. This represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, November 4th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $628.00, for a total value of $325,932.00.
• 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 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 transaction 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 stock was 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 shares were sold at an average price of $757.50, for a total value 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 value of $376,923.75.

Meta Platforms Stock Up 0.1%

Shares of NASDAQ:META opened at $609.89 on Friday. 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, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The business’s 50 day simple moving average is $716.58 and its two-hundred day simple moving average is $703.72. The firm has a market cap of $1.54 trillion, a P/E ratio of 26.94, a PEG ratio of 1.35 and a beta of 1.20.

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 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 for the quarter, compared to analyst estimates of $49.34 billion. During the same period in the prior year, the firm earned $6.03 earnings per share. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis 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%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after buying an additional 875 shares during the last quarter. 1776 Wealth LLC lifted its position in shares of Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after buying an additional 675 shares during the last quarter. Smart Money Group LLC grew its stake in shares of Meta Platforms by 20.4% during the 1st quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock worth $1,182,000 after acquiring an additional 348 shares during the period. Finally, Spear Holdings RSC Ltd bought a new stake in Meta Platforms in the 1st quarter valued at about $37,463,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on META shares. Roth Capital reissued a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Canaccord Genuity Group reissued a “buy” rating and issued a $900.00 price objective on shares of Meta Platforms in a research note on Thursday, October 30th. Wall Street Zen cut Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Rosenblatt Securities increased their price target on Meta Platforms from $1,086.00 to $1,117.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average 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.