Representative Josh Gottheimer (D-New Jersey) recently sold shares of Meta Platforms, Inc. NASDAQ: META. In a filing disclosed on February 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Meta Platforms stock on January 16th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/31/2025.
- Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 1/31/2025.
- Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/30/2025.
- Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 1/30/2025.
Meta Platforms Stock Up 1.1 %
NASDAQ META traded up $8.11 during trading on Friday, reaching $736.67. 16,880,644 shares of the company's stock were exchanged, compared to its average volume of 16,161,075. The stock has a market cap of $1.87 trillion, a P/E ratio of 30.80, a price-to-earnings-growth ratio of 1.46 and a beta of 1.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98. The company has a 50 day moving average price of $638.73 and a two-hundred day moving average price of $583.52. Meta Platforms, Inc. has a 1 year low of $414.50 and a 1 year high of $740.91.
Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The social networking company reported $8.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.75 by $1.27. Meta Platforms had a return on equity of 38.17% and a net margin of 37.91%. During the same quarter in the prior year, the business posted $5.33 earnings per share. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.66 EPS for the current fiscal year.
Meta Platforms Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.29%. This is an increase from Meta Platforms's previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, March 14th. Meta Platforms's payout ratio is 8.36%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the company. Citigroup boosted their target price on Meta Platforms from $753.00 to $780.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Wedbush reissued an "outperform" rating and issued a $770.00 target price (up from $700.00) on shares of Meta Platforms in a report on Thursday, January 30th. Arete Research raised Meta Platforms to a "hold" rating in a report on Friday, January 24th. Tigress Financial boosted their target price on Meta Platforms from $645.00 to $935.00 and gave the company a "strong-buy" rating in a report on Tuesday. Finally, Oppenheimer boosted their price target on Meta Platforms from $650.00 to $800.00 and gave the company an "outperform" rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, thirty-five have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of "Moderate Buy" and an average target price of $717.90.
View Our Latest Analysis on Meta Platforms
Insider Buying and Selling at Meta Platforms
In other news, CEO Mark Zuckerberg sold 19,668 shares of the company's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $721.69, for a total transaction of $14,194,198.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Susan J. Li sold 18,644 shares of the company's stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $553.55, for a total transaction of $10,320,386.20. Following the transaction, the chief financial officer now directly owns 46,769 shares of the company's stock, valued at $25,888,979.95. This represents a 28.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 793,070 shares of company stock worth $504,185,108 over the last ninety days. Company insiders own 13.71% of the company's stock.
Institutional Investors Weigh In On Meta Platforms
A number of large investors have recently bought and sold shares of the stock. Valley Financial Group Inc. boosted its holdings in Meta Platforms by 2.4% during the fourth quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock valued at $344,000 after acquiring an additional 14 shares during the period. Seelaus Asset Management LLC boosted its holdings in Meta Platforms by 0.9% during the fourth quarter. Seelaus Asset Management LLC now owns 1,640 shares of the social networking company's stock valued at $960,000 after acquiring an additional 15 shares during the period. Meredith Wealth Planning boosted its holdings in Meta Platforms by 0.8% during the fourth quarter. Meredith Wealth Planning now owns 1,873 shares of the social networking company's stock valued at $1,097,000 after acquiring an additional 15 shares during the period. Maiden Cove Capital LLC boosted its holdings in Meta Platforms by 3.2% during the fourth quarter. Maiden Cove Capital LLC now owns 481 shares of the social networking company's stock valued at $282,000 after acquiring an additional 15 shares during the period. Finally, Riverwater Partners LLC boosted its holdings in Meta Platforms by 2.7% during the fourth quarter. Riverwater Partners LLC now owns 572 shares of the social networking company's stock valued at $335,000 after acquiring an additional 15 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
Meta Platforms Company Profile
(
Get Free Report)
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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