Key Points
- Insider sale: Jennifer Newstead sold 519 Meta shares on Nov. 4 at an average price of $628 for $325,932, leaving her with 27,237 shares (about $17.1M) — a 1.87% reduction in her stake; the sale, disclosed in an SEC filing, continues a pattern of repeated 519-share disposals over recent weeks.
- Company backdrop: Meta beat estimates with $7.25 EPS and $51.24B revenue (up 26.2% YoY) in its most recent quarter, but the stock is trading below its 50-day average and analysts have trimmed targets, leaving a consensus rating of "Moderate Buy" with an average target of $827.60.
Meta Platforms, Inc. (NASDAQ:META - Get Free Report) insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $628.00, for a total value of $325,932.00. Following the completion of the sale, the insider directly owned 27,237 shares in the company, valued at $17,104,836. This represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Jennifer Newstead also recently made the following trade(s):
- On Tuesday, October 28th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $753.00, for a total value 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 transaction of $367,374.15.
- On Tuesday, October 7th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $716.98, for a total transaction 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 transaction of $384,838.50.
- On Tuesday, September 23rd, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $769.20, for a total value 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 value 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 stock was sold at an average price of $726.25, for a total value of $376,923.75.
- On Tuesday, August 26th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $750.47, for a total value of $389,493.93.
Meta Platforms Trading Down 2.7%
Shares of META stock opened at $618.94 on Friday. The company has a 50-day moving average of $728.56 and a two-hundred day moving average of $700.16. The firm has a market cap of $1.55 trillion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.
Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same quarter in the previous year, the company earned $6.03 earnings per share. The firm's quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's payout ratio is currently 9.28%.
Analyst Ratings Changes
META has been the topic of a number of recent analyst reports. Piper Sandler dropped their price objective on shares of Meta Platforms from $880.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, October 30th. Oppenheimer downgraded shares of Meta Platforms from an "outperform" rating to a "market perform" rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. cut their price target on Meta Platforms from $875.00 to $800.00 and set an "overweight" rating on the stock in a research note on Thursday, October 30th. Barclays lowered their price objective on Meta Platforms from $810.00 to $770.00 and set an "overweight" rating for the company in a research report on Thursday, October 30th. Finally, Wells Fargo & Company cut their target price on Meta Platforms from $837.00 to $802.00 and set an "overweight" rating on the stock in a research report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $827.60.
Check Out Our Latest Stock Report on Meta Platforms
Institutional Trading of Meta Platforms
Hedge funds have recently added to or reduced their stakes in the stock. Bare Financial Services Inc acquired a new stake in Meta Platforms in the 2nd quarter valued at about $30,000. Evergreen Private Wealth LLC increased its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock worth $40,000 after buying an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms in the first quarter valued at $33,000. Briaud Financial Planning Inc acquired a new stake in shares of Meta Platforms during the second quarter valued at $42,000. Finally, Knuff & Co LLC acquired a new position in Meta Platforms in the 2nd quarter valued at about $44,000. 79.91% of the stock is owned by institutional investors and hedge funds.
About Meta Platforms
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
