Javier Olivan Sells 629 Shares of Meta Platforms (NASDAQ:META) Stock

Meta Platforms, Inc. (NASDAQ:METAGet Free Report) COO Javier Olivan sold 629 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $670.84, for a total transaction of $421,958.36. Following the completion of the sale, the chief operating officer directly owned 2,372 shares of the company’s stock, valued at approximately $1,591,232.48. This represents a 20.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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, April 20th, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $680.09, for a total transaction of $427,776.61.
  • On Monday, April 20th, Javier Olivan sold 926 shares of Meta Platforms stock. The shares were sold at an average price of $680.09, for a total transaction of $629,763.34.
  • On Monday, April 13th, Javier Olivan sold 1,887 shares of Meta Platforms stock. The shares were sold at an average price of $629.55, for a total transaction of $1,187,960.85.
  • On Monday, April 13th, Javier Olivan sold 2,778 shares of Meta Platforms stock. The shares were sold at an average price of $629.45, for a total transaction of $1,748,612.10.
  • On Monday, March 23rd, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $605.38, for a total transaction of $380,784.02.
  • On Monday, March 23rd, Javier Olivan sold 926 shares of Meta Platforms stock. The shares were sold at an average price of $605.38, for a total transaction of $560,581.88.
  • On Monday, March 16th, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $632.02, for a total transaction of $397,540.58.
  • On Monday, March 16th, Javier Olivan sold 926 shares of Meta Platforms stock. The shares were sold at an average price of $632.02, for a total transaction of $585,250.52.
  • On Monday, March 9th, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $634.94, for a total transaction of $399,377.26.
  • On Monday, March 9th, Javier Olivan sold 926 shares of Meta Platforms stock. The shares were sold at an average price of $634.94, for a total transaction of $587,954.44.

Meta Platforms Trading Down 0.3%

META stock traded down $2.22 during midday trading on Wednesday, reaching $669.12. The company’s stock had a trading volume of 17,763,411 shares, compared to its average volume of 15,522,336. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25. The stock has a market cap of $1.69 trillion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 1.10 and a beta of 1.31. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. The business’s 50-day simple moving average is $629.76 and its 200-day simple moving average is $648.51.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. During the same period last year, the firm earned $8.02 earnings per share. The business’s revenue for the quarter was up 23.8% on a year-over-year basis. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 29.83 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 8.94%.

Key Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

  • Positive Sentiment: Strong Q1 financials — Meta reported revenue and EPS well above consensus, driven by ad strength and AI monetization, supporting the company’s core profit trajectory. Quarterly Press Release
  • Positive Sentiment: New creator payouts in USDC — Meta launched a pilot to pay eligible creators in Colombia and the Philippines using USDC on Solana and Polygon, potentially accelerating creator monetization and lower?cost cross?border payments. Meta Launches USDC Payouts
  • Positive Sentiment: Energy partnerships to support AI data centers — Meta announced collaborations (Overview Energy, Noon Energy) targeting space?based solar and long?duration storage to secure continuous renewable power for future AI infrastructure, a long?term operational/ESG positive that can lower future energy risk for data centers. Space Solar & Storage Partnerships
  • Neutral Sentiment: Macro and sector context — Broader tech/AI debate and simultaneous earnings from other megacaps amplified volatility; analysts remain divided between the ad/AI revenue upside and rising capital intensity. Earnings Day Context
  • Negative Sentiment: Raised capex outlook and AI spending — Management materially lifted multi?year capital?expenditure guidance to fund AI data centers (guidance now much higher through 2026), which shocked investors concerned about near?term returns and margin pressure. CapEx Forecast Lift
  • Negative Sentiment: After?hours selloff and investor reaction — Despite the beat, increased capex and mixed user growth commentary led to a notable after?hours decline in the stock. Stock Plunge After Earnings
  • Negative Sentiment: Reality Labs losses persist — Reality Labs posted another multibillion?dollar operating loss (>$4B), a continued cash drag with little near?term revenue offset. Reality Labs Losses
  • Negative Sentiment: Regulatory and legal risks — EU regulators charged Meta for failing to prevent under?13s accessing Instagram/Facebook (potential fines), China blocked Meta’s Manus acquisition prompting a potential unwind, and a shareholder law?firm probe into board oversight was announced — all add near?term regulatory/legal overhang. EU Charges Manus Deal Blocked Board Investigation

Hedge Funds Weigh In On Meta Platforms

A number of hedge funds and other institutional investors have recently made changes to their positions in META. Goldstone Financial Group LLC increased its stake in shares of Meta Platforms by 44.4% during the 3rd quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company’s stock worth $2,756,000 after purchasing an additional 1,153 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in shares of Meta Platforms by 34.2% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company’s stock worth $38,373,000 after acquiring an additional 13,311 shares during the last quarter. Becker Capital Management Inc. raised its stake in Meta Platforms by 5.0% in the 3rd quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company’s stock valued at $25,741,000 after acquiring an additional 1,657 shares during the period. Diversified Trust Co. lifted its holdings in Meta Platforms by 4.1% during the 4th quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company’s stock valued at $55,487,000 after purchasing an additional 3,336 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC lifted its holdings in Meta Platforms by 16.2% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 6,933 shares of the social networking company’s stock valued at $5,091,000 after purchasing an additional 968 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Canaccord Genuity Group raised their price objective on shares of Meta Platforms from $900.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. BMO Capital Markets lifted their price target on shares of Meta Platforms from $710.00 to $730.00 and gave the stock a “market perform” rating in a research report on Thursday, January 29th. Wells Fargo & Company reduced their price target on shares of Meta Platforms from $856.00 to $765.00 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Citigroup reissued an “outperform” rating on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, Erste Group Bank cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average price target of $837.09.

Check Out Our Latest Research Report on META

Meta Platforms Company Profile

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Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.

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

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