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

Key Points

• Javier Olivan, COO of Meta Platforms, sold 517 shares at an average price of $775.00, totaling $400,675.00, representing a 3.79% decrease in his ownership.
• Meta's stock traded down to $751.48 with a market capitalization of $1.89 trillion, while its twelve-month price range is between $479.80 and $796.25.
• Meta recently declared a quarterly dividend of $0.525, equating to an annual yield of 0.3%, with a low payout ratio of 7.60%.

Meta Platforms, Inc. (NASDAQ:META - Get Free Report) COO Javier Olivan sold 517 shares of the firm's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $400,675.00. Following the completion of the transaction, the chief operating officer owned 13,128 shares of the company's stock, valued at approximately $10,174,200. The trade was a 3.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 shares were 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 shares were 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.
• On Monday, July 21st, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $706.41, for a total value of $365,213.97.
• On Monday, July 14th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $717.50, for a total value of $370,947.50.
• On Monday, July 7th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $717.51, for a total value of $370,952.67.
• On Monday, June 30th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $740.97, for a total value of $383,081.49.
• On Monday, June 23rd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $683.47, for a total value of $353,353.99.
• On Monday, June 16th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $699.27, for a total value of $361,522.59.

Meta Platforms Price Performance

META traded down $15.89 during trading on Tuesday, hitting $751.48. The company's stock had a trading volume of 12,216,778 shares, compared to its average volume of 13,316,512. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The business's fifty day simple moving average is $726.88 and its 200 day simple moving average is $656.42. The firm has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 27.21, a P/E/G ratio of 1.59 and a beta of 1.27.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period last year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms's payout ratio is currently 7.60%.

Institutional Investors Weigh In On Meta Platforms

Several institutional investors and hedge funds have recently modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Meta Platforms by 0.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company's stock worth $2,587,000 after purchasing an additional 13 shares during the period. Valley Financial Group Inc. increased its holdings in Meta Platforms by 2.4% during the 4th quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock worth $344,000 after purchasing an additional 14 shares during the period. Lantern Wealth Advisors LLC increased its holdings in Meta Platforms by 0.5% during the 4th quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company's stock worth $1,743,000 after purchasing an additional 14 shares during the period. Pachira Investments Inc. increased its holdings in Meta Platforms by 3.0% during the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company's stock worth $360,000 after purchasing an additional 14 shares during the period. Finally, Hemington Wealth Management increased its holdings in Meta Platforms by 0.6% during the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company's stock worth $1,641,000 after purchasing an additional 14 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Upgrades and Downgrades

META has been the topic of a number of research analyst reports. Scotiabank lifted their price target on Meta Platforms from $675.00 to $685.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. UBS Group lifted their price target on Meta Platforms from $812.00 to $897.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Wells Fargo & Company lifted their price objective on Meta Platforms from $783.00 to $811.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Morgan Stanley lifted their price objective on Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Finally, TD Cowen lifted their price objective on Meta Platforms from $800.00 to $875.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $822.41.

Meta Platforms Company Profile

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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