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

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $749.57, for a total transaction of $387,527.69. Following the transaction, the chief operating officer directly owned 7,958 shares in the company, valued at approximately $5,965,078.06. The trade was a 6.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• On Monday, October 20th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $721.30, for a total transaction of $372,912.10.
• On Monday, October 13th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $713.34, for a total transaction of $368,796.78.
• On Monday, October 6th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $704.81, for a total transaction of $364,386.77.
• On Monday, September 29th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $748.72, for a total transaction of $387,088.24.
• On Monday, September 22nd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $781.33, for a total transaction of $403,947.61.
• On Monday, September 15th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $757.47, for a total transaction of $391,611.99.
• On Monday, September 8th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $755.65, for a total transaction of $390,671.05.
• On Tuesday, September 2nd, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $726.25, for a total transaction of $375,471.25.
• On Monday, August 25th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $755.11, for a total transaction of $390,391.87.
• On Monday, August 18th, Javier Olivan sold 517 shares of Meta Platforms stock. The shares were sold at an average price of $775.00, for a total transaction of $400,675.00.

Meta Platforms Stock Performance

NASDAQ:META opened at $751.67 on Thursday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average of $741.86 and a 200-day moving average of $696.13. The firm has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 1.59 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. During the same quarter last year, the business posted $6.03 earnings per share. The business’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

Wall Street Analyst Weigh In

Several brokerages have commented on META. Monness Crespi & Hardt raised their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday, October 8th. Canaccord Genuity Group raised their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Needham & Company LLC upgraded shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Finally, Truist Financial set a $880.00 target price on shares of Meta Platforms in a report on Thursday, September 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $829.66.

Institutional Trading of Meta Platforms

Several institutional investors have recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC lifted its stake in Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after acquiring an additional 59,766,000 shares during the last quarter. Norges Bank acquired a new stake in Meta Platforms in the second quarter valued at approximately $23,155,393,000. Laurel Wealth Advisors LLC lifted its stake in Meta Platforms by 73,443.1% in the second quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock valued at $6,212,506,000 after acquiring an additional 8,405,558 shares during the last quarter. Nuveen LLC acquired a new stake in Meta Platforms in the first quarter valued at approximately $2,990,544,000. Finally, State Street Corp lifted its stake in Meta Platforms by 1.9% in the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after acquiring an additional 1,650,435 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

About Meta Platforms

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.