Key Points
- Meta director Robert Kimmitt sold 580 shares on Feb. 17 at an average price of $639.18 for proceeds of $370,724.40, reducing his stake by 10.38% to 5,007 shares (≈$3.2M).
- Meta beat expectations in Q4 with EPS of $8.88 vs. $8.16 and revenue of $59.89B (up 23.8% YoY), leaving the company with strong margins and a $1.67T market cap.
- Strategically, Meta deepened its AI partnership with NVIDIA—supporting its AI roadmap—but faces risk from hefty 2026 CapEx guidance (~$115–$135B) that could compress returns if AI monetization lags.
Meta Platforms, Inc. (NASDAQ:META - Get Free Report) Director Robert Kimmitt sold 580 shares of Meta Platforms stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $639.18, for a total transaction of $370,724.40. Following the completion of the transaction, the director owned 5,007 shares in the company, valued at approximately $3,200,374.26. This trade represents a 10.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Meta Platforms Price Performance
Shares of META traded up $16.53 during trading hours on Friday, hitting $661.31. 7,973,090 shares of the company were exchanged, compared to its average volume of 16,368,806. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The company has a market capitalization of $1.67 trillion, a PE ratio of 28.15, a PEG ratio of 1.10 and a beta of 1.28. The firm has a fifty day simple moving average of $656.44 and a 200-day simple moving average of $690.96. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.
Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating analysts' consensus estimates of $8.16 by $0.72. The business had revenue of $59.89 billion during the quarter, compared to analyst estimates of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.Meta Platforms's revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter last year, the company posted $8.02 EPS. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms's payout ratio is presently 8.94%.
Institutional Investors Weigh In On Meta Platforms
Several institutional investors and hedge funds have recently modified their holdings of META. Bauman Advisory Group LLC acquired a new stake in shares of Meta Platforms in the fourth quarter worth about $324,000. White Knight Strategic Wealth Advisors LLC raised its stake in shares of Meta Platforms by 305.0% in the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 1,867 shares of the social networking company's stock valued at $1,232,000 after acquiring an additional 1,406 shares in the last quarter. Kinloch Capital LLC lifted its holdings in Meta Platforms by 15.2% in the 4th quarter. Kinloch Capital LLC now owns 416 shares of the social networking company's stock worth $275,000 after purchasing an additional 55 shares during the last quarter. Waterford Advisors LLC boosted its position in Meta Platforms by 13.7% during the fourth quarter. Waterford Advisors LLC now owns 522 shares of the social networking company's stock worth $345,000 after purchasing an additional 63 shares during the period. Finally, Talisman Wealth Advisors LLC boosted its position in Meta Platforms by 1.7% during the fourth quarter. Talisman Wealth Advisors LLC now owns 1,292 shares of the social networking company's stock worth $854,000 after purchasing an additional 22 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.
Trending Headlines about Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on META shares. Evercore raised their price objective on Meta Platforms from $875.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Wall Street Zen cut shares of Meta Platforms from a "buy" rating to a "hold" rating in a report on Saturday, November 1st. Wedbush boosted their price objective on shares of Meta Platforms from $880.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, January 29th. Oppenheimer downgraded shares of Meta Platforms from an "outperform" rating to a "market perform" rating in a research report on Thursday, October 30th. Finally, Piper Sandler lifted their target price on shares of Meta Platforms from $840.00 to $880.00 and gave the company an "overweight" rating in a research note on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $844.29.
View Our Latest Report on META
Meta Platforms Company Profile
(
Get Free Report)
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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