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

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $400,675.00. Following the completion of the transaction, the chief operating officer directly owned 13,128 shares in the company, valued at $10,174,200. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• 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.
• On Monday, July 28th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $715.00, for a total transaction of $369,655.00.
• On Monday, July 21st, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $706.41, for a total transaction of $365,213.97.
• On Monday, July 14th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $717.50, for a total transaction of $370,947.50.
• On Monday, July 7th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $717.51, for a total transaction of $370,952.67.
• On Monday, June 30th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $740.97, for a total transaction of $383,081.49.
• On Monday, June 23rd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $683.47, for a total transaction of $353,353.99.
• On Monday, June 16th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $699.27, for a total transaction of $361,522.59.

Meta Platforms Stock Down 0.5%

NASDAQ:META opened at $747.72 on Thursday. The company has a market cap of $1.88 trillion, a PE ratio of 27.07, a P/E/G ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company’s 50 day moving average is $727.95 and its two-hundred day moving average is $657.05.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 16th. Meta Platforms’s dividend payout ratio is 7.60%.

Wall Street Analyst Weigh In

Several analysts have recently commented on META shares. Roth Capital upped their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Piper Sandler upped their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Monness Crespi & Hardt upped their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Robert W. Baird upped their price objective on shares of Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. Finally, Susquehanna dropped their price objective on shares of Meta Platforms from $800.00 to $700.00 and set a “positive” rating on the stock in a report on Thursday, May 1st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $822.41.

Hedge Funds Weigh In On Meta Platforms

A number of large investors have recently added to or reduced their stakes in META. Brighton Jones LLC raised its position in Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the period. Bank Pictet & Cie Europe AG raised its position in Meta Platforms by 3.5% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company’s stock worth $129,666,000 after acquiring an additional 7,587 shares during the period. Highview Capital Management LLC DE raised its position in shares of Meta Platforms by 3.7% in the fourth quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company’s stock valued at $3,624,000 after buying an additional 218 shares during the last quarter. Finally, Benchstone Capital Management LP acquired a new stake in shares of Meta Platforms in the fourth quarter valued at about $23,749,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

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.