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

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was 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 in the company, valued at approximately $9,245,927.46. This trade represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Saturday, November 15th, Javier Olivan sold 2,610 shares of Meta Platforms stock. The stock was 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 shares were 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 stock was 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 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 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 stock was 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 stock was sold at an average price of $757.47, for a total transaction of $391,611.99.

Meta Platforms Price Performance

Shares of META opened at $590.32 on Thursday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a market capitalization of $1.49 trillion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The firm has a 50 day moving average of $704.12 and a 200 day moving average of $705.68. 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 (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s revenue was up 26.2% compared to the same quarter last year. During the same period last year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Hedge Funds Weigh In On Meta Platforms

A number of institutional investors have recently bought and sold shares of the stock. Westchester Capital Management Inc. purchased a new stake in Meta Platforms in the 3rd quarter worth approximately $26,000. Bare Financial Services Inc bought a new position in shares of Meta Platforms in the second quarter worth approximately $30,000. Evergreen Private Wealth LLC increased its stake in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the 1st quarter valued at $33,000. Finally, Briaud Financial Planning Inc bought a new stake in shares of Meta Platforms during the 2nd quarter valued at $42,000. 79.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on META. Erste Group Bank cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Citigroup decreased their price objective on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a report on Thursday, October 30th. UBS Group raised their target price on shares of Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $825.00 target price (down previously from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Finally, Monness Crespi & Hardt decreased their target price on shares of Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average target price of $825.05.

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.