Javier Olivan Sells 517 Shares of Meta Platforms (NASDAQ:META) Stock

Key Points

• Javier Olivan, COO of Meta Platforms, sold 517 shares of the company's stock on September 29th for a total of $387,088.24, decreasing his ownership by 4.90% to 10,026 shares valued at approximately $7.5 million.
• Meta Platforms recently declared a quarterly dividend of $0.525 per share, resulting in a 0.3% annualized yield, with the payout ratio currently at 7.60%.
• Following the latest earnings report, analysts have raised their price targets for Meta's stock, with a consensus target now set at $830.02, indicating a positive outlook for the company.

Meta Platforms, Inc. (NASDAQ:META - Get Free Report) COO Javier Olivan sold 517 shares of the firm's stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $748.72, for a total value of $387,088.24. Following the transaction, the chief operating officer directly owned 10,026 shares of the company's stock, valued at $7,506,666.72. This represents a 4.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Javier Olivan also recently made the following trade(s):

• On Monday, September 22nd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $781.33, for a total value of $403,947.61.
• On Monday, September 15th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $757.47, for a total transaction of $391,611.99.
• On Monday, September 8th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $755.65, for a total value of $390,671.05.
• On Tuesday, September 2nd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $726.25, for a total value of $375,471.25.
• On Monday, August 25th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $755.11, for a total value of $390,391.87.
• On Monday, August 18th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $775.00, for a total value of $400,675.00.
• On Friday, August 15th, Javier Olivan sold 2,612 shares of Meta Platforms stock. The stock was sold at an average price of $782.13, for a total value of $2,042,923.56.
• On Monday, August 11th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $770.00, for a total value of $398,090.00.
• On Monday, August 4th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $760.26, for a total value of $393,054.42.
• On Monday, July 28th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $715.00, for a total value of $369,655.00.

Meta Platforms Stock Performance

Shares of Meta Platforms stock traded down $17.04 during mid-day trading on Wednesday, hitting $717.34. 20,361,905 shares of the stock were exchanged, compared to its average volume of 11,253,819. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market capitalization of $1.80 trillion, a P/E ratio of 25.97, a P/E/G ratio of 1.53 and a beta of 1.20. The company has a 50-day simple moving average of $753.01 and a 200 day simple moving average of $673.09. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion for the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business's revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were 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 was Monday, September 22nd. Meta Platforms's dividend payout ratio is presently 7.60%.

Hedge Funds Weigh In On Meta Platforms

Large investors have recently made changes to their positions in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Meta Platforms by 0.4% in 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 valued at $2,587,000 after buying an additional 13 shares during the period. Pachira Investments Inc. boosted its holdings in shares of Meta Platforms by 3.0% during the second 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 period. Hemington Wealth Management raised its stake in shares of Meta Platforms by 0.6% during the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company's stock valued at $1,641,000 after purchasing an additional 14 shares in the last quarter. Vista Capital Partners Inc. raised its stake in shares of Meta Platforms by 1.3% during the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock valued at $794,000 after purchasing an additional 14 shares in the last quarter. Finally, Myecfo LLC raised its position in Meta Platforms by 2.0% in the second quarter. Myecfo LLC now owns 776 shares of the social networking company's stock worth $573,000 after acquiring an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Wall Street Analysts Forecast Growth

META has been the subject of a number of research reports. Wells Fargo & Company increased their price target on shares of Meta Platforms from $783.00 to $811.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Monness Crespi & Hardt lifted their price target on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a report on Thursday, July 31st. DA Davidson raised their price target on Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Piper Sandler upped their price target on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $830.02.

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.

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