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

Key Points

  • Insider sale: Meta general counsel Jennifer Newstead sold 516 shares on November 10 at an average price of $631 for $325,596, leaving her with 26,721 shares valued at about $16.86 million (a 1.89% reduction).
  • Serial selling: Newstead has executed a steady pattern of insider sales since early September—11 transactions in total—selling 5,706 shares overall at prices roughly between $628 and $769.
  • Company context: Meta recently topped earnings expectations with revenue up 26.2%, has a market cap of about $1.54 trillion, and carries a consensus analyst rating of "Moderate Buy" with an average price target near $827.60.

Meta Platforms, Inc. (NASDAQ:META - Get Free Report) insider Jennifer Newstead sold 516 shares of the 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 directly owned 26,721 shares in the company, valued at $16,860,951. This represents a 1.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, November 4th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was 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 shares were 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 stock was 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 shares were 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 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 shares were 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 value of $399,214.80.
  • On Tuesday, September 16th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were 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 stock was 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.

Meta Platforms Stock Performance




Shares of Meta Platforms stock opened at $609.01 on Thursday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The firm's 50 day moving average is $719.36 and its two-hundred day moving average is $704.38. The firm has a market capitalization of $1.54 trillion, a P/E ratio of 26.90, a P/E/G ratio of 1.39 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping 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 business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the previous year, the firm earned $6.03 EPS. The company's revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms's dividend payout ratio is currently 9.28%.

Wall Street Analysts Forecast Growth

META has been the topic of several research reports. Morgan Stanley raised their price objective on Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Erste Group Bank cut Meta Platforms from a "buy" rating to a "hold" rating in a research report on Monday. HSBC raised Meta Platforms from a "hold" rating to a "buy" rating and lifted their price target for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Citigroup reduced their price objective on Meta Platforms from $915.00 to $850.00 and set a "buy" rating for the company in a research note on Thursday, October 30th. Finally, Wall Street Zen lowered shares of Meta Platforms from a "buy" rating to a "hold" rating in a research report on Saturday, November 1st. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $827.60.

Get Our Latest Stock Report on META

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Barden Capital Management Inc. lifted its holdings in shares of Meta Platforms by 26.4% during the third quarter. Barden Capital Management Inc. now owns 2,392 shares of the social networking company's stock worth $1,757,000 after purchasing an additional 500 shares during the period. Curio Wealth LLC raised its position in Meta Platforms by 3.1% during the 3rd quarter. Curio Wealth LLC now owns 986 shares of the social networking company's stock worth $724,000 after buying an additional 30 shares during the last quarter. Integrated Capital Management LLC raised its position in Meta Platforms by 4.8% during the 3rd quarter. Integrated Capital Management LLC now owns 413 shares of the social networking company's stock worth $310,000 after buying an additional 19 shares during the last quarter. Obsidian Personal Planning Solutions LLC lifted its stake in shares of Meta Platforms by 4.0% in the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 1,126 shares of the social networking company's stock worth $827,000 after acquiring an additional 43 shares during the period. Finally, CreativeOne Wealth LLC boosted its holdings in shares of Meta Platforms by 11.3% in the third quarter. CreativeOne Wealth LLC now owns 41,927 shares of the social networking company's stock valued at $30,791,000 after acquiring an additional 4,273 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

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.

See Also

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

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