Meta Platforms (NASDAQ:META) COO Javier Olivan Sells 2,610 Shares

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 2,610 shares of the business’s stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total transaction of $1,590,690.60. Following the sale, the chief operating officer owned 9,784 shares in the company, valued at $5,962,956.64. The trade was a 21.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Monday, November 17th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $604.23, for a total transaction of $312,386.91.
• On Monday, November 10th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $631.00, for a total transaction 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 transaction 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 transaction of $387,527.69.
• On Monday, October 20th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was 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 stock was sold at an average price of $713.34, for a total value 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 value 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 value of $387,088.24.
• On Monday, September 22nd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $781.33, for a total value 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 Trading Down 0.7%

NASDAQ:META traded down $4.32 on Tuesday, reaching $597.69. The stock had a trading volume of 25,416,877 shares, 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 company has a market cap of $1.51 trillion, a price-to-earnings ratio of 26.40, a P/E/G ratio of 1.35 and a beta of 1.20. The firm’s fifty day moving average is $710.72 and its two-hundred day moving average is $706.49. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company’s revenue was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal 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 issued a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

Institutional Trading of Meta Platforms

A number of hedge funds have recently made changes to their positions in META. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Meta Platforms by 0.4% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock valued at $2,587,000 after purchasing an additional 13 shares in the last quarter. Pachira Investments Inc. grew its stake in Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after purchasing an additional 14 shares in the last quarter. Hemington Wealth Management increased its holdings in Meta Platforms by 0.6% in the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after buying an additional 14 shares during the last quarter. Trust Co of the South raised its stake in Meta Platforms by 0.8% during the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock valued at $1,359,000 after buying an additional 14 shares in the last quarter. Finally, Sentinel Pension Advisors LLC raised its stake in Meta Platforms by 1.6% during the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock valued at $672,000 after buying an additional 14 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a report on Thursday, October 30th. Weiss Ratings restated a “buy (b-)” rating on shares of Meta Platforms in a report on Thursday, November 13th. Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. BMO Capital Markets boosted their price objective on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. lowered their target price on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.