Rep. Gilbert Ray Cisneros, Jr. Sells Meta Platforms, Inc. (NASDAQ:META) Stock

Key Points

• Rep. Gilbert Ray Cisneros Jr. sold $1,001–$15,000 of Meta Platforms stock on August 20 through a Bank of America trust account, according to a September 10 disclosure.
• Meta shares opened at $648.03, with the company valued at about $1.65 trillion. Its latest quarterly revenue rose 28% year over year to $60.8 billion, though earnings per share missed analyst expectations.
• Meta declared a quarterly dividend of $0.525 per share, payable September 28 to shareholders of record September 21. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $787.54, while AI products such as Muse provide potential growth beyond advertising.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Meta Platforms stock on August 20th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 8/28/2026.
• Purchased $15,001 - $50,000 in shares of Quanta Services NYSE: PWR on 8/27/2026.
• Purchased $15,001 - $50,000 in shares of Eaton NYSE: ETN on 8/27/2026.
• Sold $15,001 - $50,000 in shares of NIKE NYSE: NKE on 8/27/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Wheaton Precious Metals NYSE: WPM on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Walmart NASDAQ: WMT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 8/26/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/25/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/25/2026.

Meta Platforms Stock Up 0.6%

NASDAQ:META opened at $648.03 on Friday. The firm has a market capitalization of $1.65 trillion, a P/E ratio of 24.41, a PEG ratio of 1.11 and a beta of 1.25. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $790.80. The company's fifty day moving average price is $601.58 and its 200-day moving average price is $608.94. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. During the same quarter in the prior year, the firm earned $7.14 earnings per share. The company's revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 28.17 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Monday, September 21st will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 21st. Meta Platforms's dividend payout ratio is 7.91%.

Meta Platforms News Summary

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

• Positive Sentiment: Muse gains early consumer traction: Meta’s new AI agent reportedly reached No. 2 or No. 3 on the U.S. App Store shortly after its launch. Muse can interact with social platforms and outside services, while paid tiers priced at $20 and $100 per month create a potential new revenue stream beyond advertising. Meta's AI agent Muse is now the No. 2 app in the US
• Positive Sentiment: JPMorgan upgraded the stock: JPMorgan raised Meta to Overweight from Neutral and increased its price target to $820, citing meaningful growth potential from frontier AI models and agentic products. The upgrade helped reinforce the bullish view that Meta can diversify beyond advertising. JPMorgan upgrades Meta on AI models and agents
• Positive Sentiment: AI infrastructure optionality: Analysts believe Meta’s large AI-compute investments could eventually support a cloud-computing or infrastructure business, adding an opportunity not currently reflected in the valuation. The company’s strong revenue growth and substantial cash resources support this investment thesis.
• Positive Sentiment: Quarterly dividend declared: Meta announced a $0.525-per-share dividend payable September 28 to shareholders of record September 21. While the yield is modest, the payout signals confidence in ongoing cash generation.
• Neutral Sentiment: Legal settlement viewed as manageable: Commentary suggests Meta’s potential $18 billion social-media-addiction settlement, spread over a decade, may have a limited impact on annual free cash flow. Resolving the litigation could also remove an overhang, but the headline liability remains material.
• Negative Sentiment: Monetization and privacy concerns: Muse’s usefulness depends on access to users’ inboxes, accounts and payments, raising adoption and privacy questions. Analysts remain uncertain about conversion rates and near-term revenue.
• Negative Sentiment: AI execution and regulatory risks: A prominent AI researcher is leaving Meta for Anthropic, while an internal effort to capture employee screens for AI training reportedly triggered resistance. Meta is also discussing possible teen social-media restrictions in South Korea, and TikTok rejected Meta advertisements urging participation in a child-safety settlement.

Insider Transactions at Meta Platforms

In related news, CAO Aaron Anderson sold 3,240 shares of Meta Platforms stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the sale, the chief accounting officer directly owned 6,271 shares in the company, valued at approximately $3,875,854.26. The trade was a 34.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher Cox sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $650.28, for a total value of $13,005,600.00. Following the sale, the insider owned 244,516 shares of the company's stock, valued at approximately $159,003,864.48. This trade represents a 7.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 61,581 shares of company stock worth $37,512,295 in the last three months. 13.53% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on META. Needham & Company LLC reiterated a "hold" rating on shares of Meta Platforms in a research note on Thursday, August 27th. Piper Sandler reaffirmed an "overweight" rating and set a $785.00 target price (down from $800.00) on shares of Meta Platforms in a report on Thursday, July 30th. Benchmark reiterated a "hold" rating on shares of Meta Platforms in a research report on Thursday, August 27th. Wells Fargo & Company decreased their price target on Meta Platforms from $835.00 to $640.00 and set an "overweight" rating for the company in a report on Thursday, July 30th. Finally, Susquehanna lowered their price objective on Meta Platforms from $900.00 to $650.00 and set a "positive" rating on the stock in a research report on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $787.54.

Hedge Funds Weigh In On Meta Platforms

Several institutional investors and hedge funds have recently modified their holdings of META. California State Teachers Retirement System raised its position in Meta Platforms by 56,957.6% during the second quarter. California State Teachers Retirement System now owns 1,878,304,587 shares of the social networking company's stock worth $1,058,030,191,000 after acquiring an additional 1,875,012,642 shares during the period. Auto Owners Insurance Co grew its position in shares of Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock valued at $69,502,379,000 after purchasing an additional 105,154,977 shares during the period. State Street Corp increased its stake in shares of Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company's stock worth $59,963,463,000 after purchasing an additional 4,395,763 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Meta Platforms by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company's stock worth $34,734,628,000 after purchasing an additional 878,396 shares during the last quarter. Finally, Capital World Investors raised its position in shares of Meta Platforms by 0.8% during the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company's stock worth $26,112,735,000 after purchasing an additional 310,947 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Meta Platforms

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company's principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.

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