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

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $604.23, for a total transaction of $312,386.91. Following the completion of the sale, the chief operating officer owned 15,302 shares of the company’s stock, valued at approximately $9,245,927.46. This represents a 3.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Saturday, November 15th, Javier Olivan sold 2,610 shares of Meta Platforms stock. The shares were sold at an average price of $609.46, for a total value of $1,590,690.60.
• On Monday, November 10th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $631.00, for a total value of $326,227.00.
• On Monday, November 3rd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $656.00, for a total value of $339,152.00.
• On Monday, October 27th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $749.57, for a total value of $387,527.69.
• 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 value 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 stock was 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 stock was 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.

Meta Platforms Stock Performance

Shares of NASDAQ:META traded down $4.32 during trading on Tuesday, reaching $597.69. 25,416,877 shares of the stock were exchanged, compared to its average volume of 15,371,469. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock has a 50-day moving average price of $710.72 and a 200-day moving average price of $706.49. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The firm has a market cap of $1.51 trillion, a PE ratio of 26.40, a PEG ratio of 1.35 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its quarterly 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. 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 during the quarter, compared to analysts’ expectations of $49.34 billion. During the same period last year, the firm posted $6.03 EPS. The firm’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. Research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s payout ratio is currently 9.28%.

Institutional Investors Weigh In On Meta Platforms

A number of institutional investors have recently modified their holdings of META. Vanguard Group Inc. grew its holdings in 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 increased its stake in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after purchasing an additional 1,650,435 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its stake in shares of Meta Platforms by 608,429.2% in the second 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 stake in shares of Meta Platforms by 1.3% in the second quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock valued at $37,902,948,000 after buying an additional 682,768 shares in the last quarter. Finally, Capital World Investors increased its position in shares of Meta Platforms by 0.7% during the third quarter. Capital World Investors now owns 39,247,690 shares of the social networking company’s stock worth $28,823,375,000 after acquiring an additional 278,180 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

META has been the subject of several recent research reports. BMO Capital Markets boosted their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Barclays dropped their target price on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Erste Group Bank cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $870.00 price target (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

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.