Meta Platforms, Inc. (NASDAQ:META – Get Free Report) COO Javier Olivan sold 946 shares of the business’s stock in a transaction on Monday, October 26th. The stock was sold at an average price of $640.00, for a total transaction of $605,440.00. Following the transaction, the chief operating officer owned 5,040 shares in the company, valued at approximately $3,225,600. The trade was a 15.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Javier Olivan also recently made the following trade(s):
- On Monday, October 26th, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $640.00, for a total transaction of $402,560.00.
- On Monday, October 19th, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $707.20, for a total transaction of $444,828.80.
- On Monday, October 19th, Javier Olivan sold 946 shares of Meta Platforms stock. The shares were sold at an average price of $707.20, for a total transaction of $669,011.20.
- On Monday, October 12th, Javier Olivan sold 629 shares of Meta Platforms stock. The stock was sold at an average price of $728.10, for a total transaction of $457,974.90.
- On Monday, October 12th, Javier Olivan sold 946 shares of Meta Platforms stock. The shares were sold at an average price of $728.10, for a total transaction of $688,782.60.
- On Monday, October 5th, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $728.08, for a total transaction of $457,962.32.
- On Monday, October 5th, Javier Olivan sold 946 shares of Meta Platforms stock. The shares were sold at an average price of $728.08, for a total transaction of $688,763.68.
- On Monday, September 28th, Javier Olivan sold 629 shares of Meta Platforms stock. The stock was sold at an average price of $748.91, for a total value of $471,064.39.
- On Monday, September 28th, Javier Olivan sold 946 shares of Meta Platforms stock. The stock was sold at an average price of $750.42, for a total value of $709,897.32.
- On Monday, September 21st, Javier Olivan sold 629 shares of Meta Platforms stock. The stock was sold at an average price of $680.27, for a total value of $427,889.83.
Meta Platforms Stock Performance
NASDAQ:META traded down $7.70 on Wednesday, hitting $612.49. The company’s stock had a trading volume of 34,935,264 shares, compared to its average volume of 17,980,980. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.30. The stock has a fifty day moving average of $665.70 and a two-hundred day moving average of $632.70. The firm has a market capitalization of $1.56 trillion, a P/E ratio of 20.88, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $779.82.
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.86. The company had revenue of $64.60 billion during the quarter, compared to analysts’ expectations of $63.34 billion. Meta Platforms had a return on equity of 30.73% and a net margin of 31.15%. The business’s revenue was up 26.1% on a year-over-year basis. During the same period last year, the firm posted $7.25 earnings per share. Research analysts predict that Meta Platforms, Inc. will post 28.98 earnings per share for the current year.
Meta Platforms Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were given a dividend of $0.5250 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms’s payout ratio is 7.16%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. Benchmark reissued a “hold” rating on shares of Meta Platforms in a research report on Thursday, August 27th. Roth Capital cut their target price on shares of Meta Platforms from $820.00 to $750.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. JPMorgan Chase & Co. lifted their target price on shares of Meta Platforms from $920.00 to $940.00 and gave the stock an “overweight” rating in a report on Thursday, October 22nd. Royal Bank Of Canada upped their price target on shares of Meta Platforms from $770.00 to $800.00 and gave the company an “outperform” rating in a research note on Thursday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Meta Platforms from $750.00 to $820.00 and gave the company a “buy” rating in a report on Friday, September 25th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $833.12.
Check Out Our Latest Stock Analysis on Meta Platforms
Key Stories Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Nvidia’s strategic investment supports Meta’s AI plans. Nvidia agreed to invest $3 billion in Meta and expand its partnership around Meta’s Muse AI models and infrastructure. The deal provides financial backing and validation from a key chip supplier. Nvidia and Meta partner on Muse agent
- Positive Sentiment: Meta’s equity offering attracted strong demand. The company priced $25 billion of Class A shares at $625 each, alongside roughly $12.5 billion of mandatory convertible preferred stock. Reports indicated demand for the common-stock sale was several times larger than the offering, suggesting institutional confidence in Meta’s long-term AI opportunity. Meta prices stock sale at $625
- Positive Sentiment: AI could create new growth channels. Meta is expanding Muse-based services, including commerce and consumer applications such as the new Waddle World AI pet app. Analysts remain optimistic that AI-enhanced advertising, agents, subscriptions and hardware could eventually offset the investment burden. Meta launches Waddle World
- Neutral Sentiment: Meta delayed new commercial terms for publishers. The postponement may reduce immediate legal and relationship risk, but it also signals continuing friction with publishers over content rights and monetization. Meta delays commercial terms rollout
- Negative Sentiment: Shareholder dilution is the dominant concern. Meta has expanded its planned AI-related financing to nearly $98 billion, including common stock and convertible securities. Although the proceeds strengthen its balance sheet, the new shares and potential future conversions reduce existing shareholders’ ownership and pressured the stock despite strong offering demand. Meta increases equity offering target
- Negative Sentiment: AI spending has weakened near-term cash generation. Capital expenditures reached $34.9 billion in the quarter, producing negative free cash flow of $2.1 billion. Paused buybacks, higher financing needs and expectations for continued heavy spending have caused analysts to question Meta’s margin and valuation support. Meta reports negative free cash flow
- Negative Sentiment: Legal and regulatory risks remain an overhang. Meta and Snap began a major U.S. trial involving alleged harms to young users, while publisher disputes and newly reported internal documents could increase reputational and litigation concerns. Meta and Snap face youth social media trial
Hedge Funds Weigh In On Meta Platforms
A number of hedge funds have recently bought and sold shares of the business. Advantage Trust Co acquired a new stake in Meta Platforms during the second quarter worth approximately $28,000. Philadelphia Investment Partners LLC acquired a new position in Meta Platforms in the 2nd quarter valued at $32,000. Horizons Wealth Management acquired a new position in Meta Platforms in the 3rd quarter valued at $33,000. Axiom Investment Management LLC acquired a new position in Meta Platforms in the 1st quarter valued at $36,000. Finally, Schuylkill Financial LLC bought a new stake in shares of Meta Platforms during the 2nd quarter valued at $36,000. 79.91% of the stock is owned by institutional investors.
About Meta Platforms
Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.
Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.
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