Meta Platforms (NASDAQ:META) Insider Sells $389,493.93 in Stock

Key Points

• Insider Selling: Meta Platforms' insider Jennifer Newstead sold 519 shares of stock for approximately $389,493.93, marking a 1.58% decrease in her holdings, which now total 32,427 shares valued at over $24 million.
• Stock Performance: As of Thursday, Meta's stock was trading at $751.11, with a market capitalization of $1.89 trillion and a P/E ratio of 27.19.
• Analyst Ratings: Recent reports indicate that most analysts rate Meta Platforms as a "Moderate Buy," with an average target price of $822.41, reflecting positive sentiment toward the company's potential growth.

Meta Platforms, Inc. (NASDAQ:META - Get Free Report) insider Jennifer Newstead sold 519 shares of the business's stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $750.47, for a total value of $389,493.93. Following the sale, the insider owned 32,427 shares in the company, valued at $24,335,490.69. This represents a 1.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $723.08, for a total value of $375,278.52.
• On Tuesday, July 8th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $721.57, for a total value of $374,494.83.
• On Tuesday, July 1st, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $737.00, for a total value of $382,503.00.
• On Tuesday, June 24th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $704.89, for a total value of $365,837.91.
• On Tuesday, June 17th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $701.99, for a total value of $364,332.81.
• On Tuesday, June 10th, Jennifer Newstead sold 519 shares of Meta Platforms stock. The stock was sold at an average price of $701.00, for a total value of $363,819.00.

Meta Platforms Trading Up 0.5%

META traded up $3.73 during midday trading on Thursday, hitting $751.11. 7,460,058 shares of the company were exchanged, compared to its average volume of 12,341,860. The firm has a market capitalization of $1.89 trillion, a P/E ratio of 27.19, a P/E/G ratio of 1.54 and a beta of 1.27. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm's 50 day moving average price is $734.61 and its 200-day moving average price is $658.77. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm's revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the business earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on META. Barclays boosted their price objective on Meta Platforms from $640.00 to $810.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. TD Securities dropped their price objective on Meta Platforms from $725.00 to $700.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Susquehanna dropped their price objective on Meta Platforms from $800.00 to $700.00 and set a "positive" rating on the stock in a research note on Thursday, May 1st. Scotiabank upped 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. Finally, Stifel Nicolaus upped their price target on Meta Platforms from $845.00 to $900.00 and gave the stock a "buy" rating in a research note 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 five have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $822.41.

Institutional Trading of Meta Platforms

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lavaca Capital LLC increased its holdings in Meta Platforms by 77.0% during the 2nd quarter. Lavaca Capital LLC now owns 432 shares of the social networking company's stock worth $319,000 after purchasing an additional 188 shares in the last quarter. Stark Wealth Management LLC bought a new position in shares of Meta Platforms in the second quarter valued at approximately $345,000. Midwestern Financial LLC IA bought a new position in shares of Meta Platforms in the second quarter valued at approximately $2,415,000. Cypress Capital Advisors LLC bought a new position in shares of Meta Platforms in the second quarter valued at approximately $284,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of Meta Platforms by 9.7% in the second quarter. Orion Porfolio Solutions LLC now owns 125,090 shares of the social networking company's stock valued at $92,328,000 after acquiring an additional 11,051 shares in the last quarter. 79.91% of the stock is 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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