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

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $598.54, for a total value of $309,445.18. Following the sale, the chief operating officer directly owned 14,785 shares of the company’s stock, valued at $8,849,413.90. The trade was a 3.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 stock was sold at an average price of $604.23, for a total transaction of $312,386.91.
• 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 transaction of $1,590,690.60.
• 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 shares were 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 value 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 shares were 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.

Meta Platforms Stock Down 0.4%

NASDAQ META opened at $633.61 on Thursday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock has a market cap of $1.60 trillion, a PE ratio of 27.99, a PEG ratio of 1.33 and a beta of 1.20. The firm has a 50-day simple moving average of $688.93 and a 200 day simple moving average of $706.33. 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 (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion during 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 quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter last year, the company earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. 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 presently 9.28%.

Institutional Investors Weigh In On Meta Platforms

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC increased its holdings in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. Smart Money Group LLC lifted its stake in Meta Platforms by 20.4% in the first quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock valued at $1,182,000 after buying an additional 348 shares during the period. Aspire Growth Partners LLC boosted its holdings in Meta Platforms by 7.3% during the first quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company’s stock worth $395,000 after buying an additional 45 shares during the last quarter. Finally, Elm3 Financial Group LLC increased its stake in shares of Meta Platforms by 19.0% in the 1st quarter. Elm3 Financial Group LLC now owns 713 shares of the social networking company’s stock valued at $411,000 after acquiring an additional 114 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

META has been the subject of several recent research reports. Canaccord Genuity Group reissued a “buy” rating and issued a $900.00 price target on shares of Meta Platforms in a research report on Thursday, October 30th. 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. Wall Street Zen cut Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Cantor Fitzgerald cut their price objective on Meta Platforms from $830.00 to $720.00 and set an “overweight” rating for the company in a report on Wednesday, November 19th. Finally, Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $823.93.

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.