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

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, November 17th. The stock was sold at an average price of $604.23, for a total transaction of $312,386.91. Following the transaction, the chief operating officer directly owned 15,302 shares in the company, valued at $9,245,927.46. This represents a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Saturday, November 15th, Javier Olivan sold 2,610 shares of Meta Platforms stock. The shares were sold at an average price of $609.46, for a total transaction of $1,590,690.60.
• On Monday, November 10th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $631.00, for a total value of $326,227.00.
• On Monday, November 3rd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $656.00, for a total value of $339,152.00.
• On Monday, October 27th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $749.57, for a total value of $387,527.69.
• On Monday, October 20th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $721.30, for a total transaction of $372,912.10.
• On Monday, October 13th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $713.34, for a total transaction of $368,796.78.
• On Monday, October 6th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $704.81, for a total value of $364,386.77.
• On Monday, September 29th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $748.72, for a total value of $387,088.24.
• On Monday, September 22nd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were 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 shares were sold at an average price of $757.47, for a total transaction of $391,611.99.

Meta Platforms Stock Performance

Shares of NASDAQ:META traded down $4.32 during midday trading on Tuesday, reaching $597.69. 25,416,877 shares of the company traded hands, compared to its average volume of 15,371,469. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm’s fifty day moving average price is $710.72 and its two-hundred day moving average price is $706.49.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $49.34 billion. During the same quarter in the previous year, the company earned $6.03 earnings per share. Meta Platforms’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, equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on META shares. UBS Group increased their price target on shares of Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Meta Platforms in a research note on Thursday, November 13th. Pivotal Research upped their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Oppenheimer lowered Meta Platforms from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Hedge Funds Weigh In On Meta Platforms

Several large investors have recently made changes to their positions in META. Vanguard Group Inc. grew its stake in shares of 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 worth $142,149,566,000 after acquiring an additional 1,532,568 shares during the last quarter. State Street Corp boosted its stake in Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after purchasing an additional 1,650,435 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its position in Meta Platforms by 608,429.2% during the 2nd 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 purchasing an additional 59,766,000 shares during the last quarter. Geode Capital Management LLC grew its position in 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 purchasing an additional 682,768 shares during the last quarter. Finally, Capital World Investors increased its stake in 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 valued at $28,823,375,000 after purchasing an additional 278,180 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

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.