Insider Selling: Meta Platforms (NASDAQ:META) Insider Sells 519 Shares of Stock

Meta Platforms, Inc. (NASDAQ:META) insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $628.00, for a total value of $325,932.00. Following the completion of the transaction, the insider directly owned 27,237 shares in the company, valued at $17,104,836. This represents a 1.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Tuesday, October 28th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $753.00, for a total transaction 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 transaction 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 stock was 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 shares were 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 stock was sold at an average price of $726.25, for a total transaction of $376,923.75.
• On Tuesday, August 26th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $750.47, for a total transaction of $389,493.93.

Meta Platforms Stock Down 2.7%

Meta Platforms stock traded down $17.01 during trading hours on Thursday, hitting $618.94. The company had a trading volume of 23,516,929 shares, compared to its average volume of 15,147,481. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a market capitalization of $1.55 trillion, a P/E ratio of 27.34, a price-to-earnings-growth ratio of 1.39 and a beta of 1.20. The firm’s fifty day moving average is $731.20 and its 200-day moving average is $700.72.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the business posted $6.03 EPS. The company’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. On average, research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 9.28%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Csenge Advisory Group raised its position in Meta Platforms by 12.0% in the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after purchasing an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC boosted its position in Meta Platforms by 4.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after buying an additional 34 shares during the last quarter. JMG Financial Group Ltd. acquired a new stake in shares of Meta Platforms in the 1st quarter valued at $284,000. Infusive Asset Management Inc. raised its position in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after acquiring an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC raised its position in shares of Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after acquiring an additional 109 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on META. Rosenblatt Securities lifted their price target on Meta Platforms from $1,086.00 to $1,117.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Hsbc Global Res upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Wells Fargo & Company decreased their target price on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. JPMorgan Chase & Co. cut their price target on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, KeyCorp decreased their price objective on shares of Meta Platforms from $905.00 to $875.00 and set an “overweight” rating for the company in a report 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 six have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.