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

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of the firm’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $658.14, for a total transaction of $340,258.38. Following the completion of the transaction, the chief operating officer directly owned 12,200 shares in the company, valued at $8,029,308. This trade represents a 4.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, December 22nd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $661.11, for a total value of $341,793.87.
• On Monday, December 15th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $646.00, for a total value of $333,982.00.
• On Monday, December 8th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $669.63, for a total value of $346,198.71.
• On Monday, December 1st, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $639.03, for a total value of $330,378.51.
• On Monday, November 24th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $598.54, for a total value of $309,445.18.
• On Monday, November 17th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $604.23, for a total transaction of $312,386.91.
• On Saturday, November 15th, Javier Olivan sold 2,610 shares of Meta Platforms stock. The shares were sold at an average price of $609.46, for a total transaction of $1,590,690.60.
• On Monday, November 10th, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $631.00, for a total transaction of $326,227.00.
• On Monday, November 3rd, Javier Olivan sold 517 shares of Meta Platforms stock. The stock was sold at an average price of $656.00, for a total transaction of $339,152.00.
• On Monday, October 27th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $749.57, for a total transaction of $387,527.69.

Meta Platforms Stock Down 0.9%

Shares of NASDAQ META opened at $660.09 on Thursday. The company has a 50 day simple moving average of $650.53 and a 200-day simple moving average of $705.70. The company has a market capitalization of $1.66 trillion, a P/E ratio of 29.16, a P/E/G ratio of 1.37 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm’s quarterly revenue was up 26.2% on a year-over-year basis. During the same period in the prior year, the firm posted $6.03 earnings per share. On average, equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 9.28%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on META. JPMorgan Chase & Co. decreased their target price on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Royal Bank Of Canada decreased their price objective on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Piper Sandler lowered their price objective on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. BNP Paribas Exane assumed coverage on Meta Platforms in a research report on Monday, November 24th. They issued an “outperform” rating and a $800.00 target price on the stock. Finally, Wells Fargo & Company decreased their price target on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $820.22.

Trending Headlines about Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Manus acquisition accelerates Meta’s agent/automation strategy, adds millions of paying users and is being priced as a direct technology and user-base bolt-on that could lift long-term revenue growth. Read More.
• Positive Sentiment: Wall Street remains constructive — several firms have Buy/Outperform views and some elevated price targets, providing support that heavy AI spending could pay off and helping sentiment after the acquisition. Read More.
• Neutral Sentiment: Stock-split chatter and price/forecast pieces are generating retail interest but don’t change fundamentals; splits can boost retail demand but don’t affect intrinsic value. Read More.
• Negative Sentiment: Legal risk: the U.S. Virgin Islands sued Meta alleging it profited from scam ads and failed to protect children — litigation could bring fines, remediation costs and reputational damage. Read More.
• Negative Sentiment: Regulatory/geopolitical scrutiny: Manus’s founders’ China ties have already drawn Washington attention and reporting shows Meta prepared playbooks to fend off pressure — integration could face delays or extra oversight. Read More.
• Negative Sentiment: Insider selling: COO Javier Oliván and Chief Legal Officer Jennifer Newstead disclosed share sales in late December — small vs. total holdings but they add headline noise at a sensitive time. Read More.

Institutional Trading of Meta Platforms

Hedge funds have recently added to or reduced their stakes in the company. Westchester Capital Management Inc. purchased a new stake in shares of Meta Platforms during the 3rd quarter worth $26,000. Bare Financial Services Inc purchased a new position in Meta Platforms in the second quarter valued at $30,000. Evergreen Private Wealth LLC increased its holdings in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares during the last quarter. Briaud Financial Planning Inc acquired a new stake in Meta Platforms in the second quarter valued at $42,000. Finally, Knuff & Co LLC purchased a new stake in Meta Platforms during the 2nd quarter worth about $44,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

About Meta Platforms

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.