Susan Li Sells 6,875 Shares of Meta Platforms (NASDAQ:META) Stock

Meta Platforms, Inc. (NASDAQ:METAGet Free Report) CFO Susan Li sold 6,875 shares of Meta Platforms stock in a transaction on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the completion of the sale, the chief financial officer directly owned 88,370 shares of the company’s stock, valued at approximately $53,857,980.20. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Meta Platforms Stock Down 0.7%

Shares of META stock traded down $4.32 on Tuesday, reaching $597.69. 25,416,877 shares of the company were exchanged, compared to its average volume of 15,371,469. 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 company has a 50-day moving average of $710.72 and a 200-day moving average of $706.49. The company has a market cap of $1.51 trillion, a price-to-earnings ratio of 26.40, a PEG ratio of 1.35 and a beta of 1.20. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the prior year, the business earned $6.03 EPS. The firm’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. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm 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. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is currently 9.28%.

Hedge Funds Weigh In On Meta Platforms

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake 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 valued at $142,149,566,000 after purchasing an additional 1,532,568 shares during the last quarter. State Street Corp raised its stake in shares of Meta Platforms by 1.9% in the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after buying an additional 1,650,435 shares during the period. Kingstone Capital Partners Texas LLC raised 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 during the period. Geode Capital Management LLC lifted its position in shares of Meta Platforms by 1.3% during the 2nd 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 during the last quarter. Finally, Capital World Investors grew its stake in shares of Meta Platforms by 0.7% during the 3rd 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 during the period. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

META has been the subject of a number of recent research reports. JMP Securities boosted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. Wedbush reiterated an “outperform” rating and set a $920.00 price target on shares of Meta Platforms in a report on Thursday, October 30th. Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday, October 30th. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Four research 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 stock. According to data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $827.60.

Check Out Our Latest Research Report on META

About Meta Platforms

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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.

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Insider Buying and Selling by Quarter for Meta Platforms (NASDAQ:META)

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