Meta Platforms (NASDAQ:META) Insider Jennifer Newstead Sells 519 Shares

Key Points

• Meta Platforms insider Jennifer Newstead sold 519 shares at an average price of $741.50, resulting in a total transaction of $384,838.50, decreasing her ownership by 1.71% to 29,832 shares valued at approximately $22.12 million.
• Meta Platforms' stock price increased by $9.71 during midday trading, reaching $727.05, with a market cap of $1.83 trillion and a P/E ratio of 26.32.
• The company recently announced a quarterly dividend of $0.525 per share, translating to an annualized amount of $2.10, with a dividend yield of 0.3%.

Meta Platforms, Inc. (NASDAQ:META - Get Free Report) insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total transaction of $384,838.50. Following the completion of the sale, the insider directly owned 29,832 shares of the company's stock, valued at approximately $22,120,428. The trade was a 1.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Tuesday, September 23rd, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $769.20, for a total transaction 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 transaction of $398,156.04.
• On Tuesday, September 9th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were 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.
• On Tuesday, August 26th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $750.47, for a total value of $389,493.93.
• On Monday, August 18th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $775.00, for a total value of $402,225.00.
• On Tuesday, August 5th, Jennifer Newstead sold 515 shares of Meta Platforms stock. The shares were sold at an average price of $776.38, for a total value of $399,835.70.
• On Tuesday, July 29th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $719.86, for a total value of $373,607.34.
• On Tuesday, July 22nd, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $716.10, for a total value of $371,655.90.
• On Tuesday, July 15th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The shares were sold at an average price of $723.08, for a total value of $375,278.52.

Meta Platforms Price Performance

Shares of META traded up $9.71 during midday trading on Thursday, hitting $727.05. 11,380,521 shares of the company traded hands, compared to its average volume of 11,889,834. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The stock has a 50-day moving average of $753.26 and a 200-day moving average of $673.93. The firm has a market cap of $1.83 trillion, a P/E ratio of 26.32, a PEG ratio of 1.50 and a beta of 1.20. 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 posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion for the quarter, compared to analysts' expectations of $44.55 billion. During the same period in the prior year, the business earned $5.16 earnings per share. Meta Platforms's revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict 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. Stockholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms's dividend payout ratio is 7.60%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on META. Hsbc Global Res raised Meta Platforms from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 31st. Oppenheimer raised their price target on Meta Platforms from $775.00 to $870.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Sanford C. Bernstein raised their price target on Meta Platforms from $775.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. TD Cowen raised their price objective on Meta Platforms from $800.00 to $875.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, BMO Capital Markets raised their price objective on Meta Platforms from $610.00 to $710.00 and gave the company a "market perform" rating in a research report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $830.02.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in META. Csenge Advisory Group lifted its holdings in Meta Platforms by 12.0% in the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock worth $5,498,000 after purchasing an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC raised its holdings in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock worth $452,000 after acquiring an additional 34 shares in the last quarter. JMG Financial Group Ltd. purchased a new stake in shares of Meta Platforms during the 1st quarter worth approximately $284,000. Infusive Asset Management Inc. raised its holdings in shares of Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company's stock worth $13,614,000 after acquiring an additional 2,285 shares in the last quarter. Finally, Aspire Growth Partners LLC raised its holdings in shares of Meta Platforms by 7.3% during the 1st quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company's stock worth $395,000 after acquiring an additional 45 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

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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