Meta Platforms (NASDAQ:META) Insider Jennifer Newstead Sells 516 Shares

Meta Platforms, Inc. (NASDAQ:META) insider Jennifer Newstead sold 516 shares of Meta Platforms stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $631.00, for a total value of $325,596.00. Following the completion of the sale, the insider owned 26,721 shares of the company’s stock, valued at $16,860,951. This trade represents a 1.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jennifer Newstead also recently made the following trade(s):

• On Tuesday, November 4th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $628.00, for a total transaction of $325,932.00.
• On Tuesday, October 28th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $753.00, for a total transaction of $390,807.00.
• On Tuesday, October 21st, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $736.37, for a total transaction of $382,176.03.
• On Tuesday, October 14th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $707.85, for a total value of $367,374.15.
• On Tuesday, October 7th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $716.98, for a total value of $372,112.62.
• On Tuesday, September 30th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $741.50, for a total value of $384,838.50.
• On Tuesday, September 23rd, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $769.20, for a total transaction of $399,214.80.
• On Tuesday, September 16th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $767.16, for a total transaction of $398,156.04.
• On Tuesday, September 9th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $757.50, for a total value of $393,142.50.
• On Tuesday, September 2nd, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $726.25, for a total value of $376,923.75.

Meta Platforms Stock Down 2.9%

NASDAQ:META traded down $18.07 during trading hours on Wednesday, hitting $609.01. The stock had a trading volume of 24,329,365 shares, compared to its average volume of 15,268,940. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The business has a 50 day simple moving average of $721.92 and a two-hundred day simple moving average of $705.05. The company has a market cap of $1.54 trillion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 1.40 and a beta of 1.20.

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, topping analysts’ consensus estimates of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm’s revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on META shares. Mizuho dropped their price target on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Loop Capital reissued a “buy” rating and issued a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Stifel Nicolaus lowered their target price on Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Piper Sandler dropped their price target on Meta Platforms from $880.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Finally, TD Cowen reduced their price objective on Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Institutional Investors Weigh In On Meta Platforms

Institutional investors and hedge funds have recently modified their holdings of the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Meta Platforms by 0.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock worth $2,587,000 after buying an additional 13 shares during the last quarter. Pachira Investments Inc. increased its holdings in shares of Meta Platforms by 3.0% during the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after acquiring an additional 14 shares during the last quarter. Hemington Wealth Management raised its stake in shares of Meta Platforms by 0.6% in the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after acquiring an additional 14 shares in the last quarter. Vista Capital Partners Inc. lifted its holdings in Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after purchasing an additional 14 shares during the last quarter. Finally, Trust Co of the South lifted its holdings in Meta Platforms by 0.8% in the 3rd quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock worth $1,359,000 after purchasing an additional 14 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

About Meta Platforms

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.