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, October 6th. The stock was sold at an average price of $704.81, for a total transaction of $364,386.77. Following the sale, the chief operating officer directly owned 9,509 shares in the company, valued at $6,702,038.29. This represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Monday, September 29th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was 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.
• On Monday, September 8th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $755.65, for a total transaction of $390,671.05.
• On Tuesday, September 2nd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $726.25, for a total transaction of $375,471.25.
• On Monday, August 25th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $755.11, for a total transaction of $390,391.87.
• On Monday, August 18th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $775.00, for a total transaction of $400,675.00.
• On Friday, August 15th, Javier Olivan sold 2,612 shares of Meta Platforms stock. The stock was sold at an average price of $782.13, for a total transaction of $2,042,923.56.
• On Monday, August 11th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $770.00, for a total transaction of $398,090.00.
• On Monday, August 4th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $760.26, for a total transaction of $393,054.42.

Meta Platforms Price Performance

Shares of META stock opened at $733.51 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm’s 50 day moving average is $753.09 and its 200-day moving average is $678.22. The firm has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 26.56, a PEG ratio of 1.50 and a beta of 1.20. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same period in the prior year, the business earned $5.16 earnings per share. Meta Platforms’s quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given 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 was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

Institutional Investors Weigh In On Meta Platforms

Hedge funds have recently bought and sold shares of the company. Bare Financial Services Inc bought a new stake in shares of Meta Platforms during the second quarter worth $30,000. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms during the first quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms during the first quarter worth $28,000. Evergreen Private Wealth LLC increased its position in shares of Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the first quarter worth $33,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. JMP Securities increased their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. BMO Capital Markets increased their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a report on Thursday, July 31st. Pivotal Research increased their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Morgan Stanley increased their price objective on shares of Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Finally, Wedbush increased their price objective on shares of Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

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.