Meta Platforms (NASDAQ:META) COO Javier Olivan Sells 434 Shares of Stock

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan sold 434 shares of Meta Platforms stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $602.70, for a total transaction of $261,571.80. Following the transaction, the chief operating officer directly owned 5,856 shares in the company, valued at $3,529,411.20. This trade represents a 6.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 10th, Javier Olivan sold 1,258 shares of Meta Platforms stock. The stock was sold at an average price of $600.00, for a total transaction of $754,800.00.
• On Monday, July 27th, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $607.85, for a total transaction of $382,337.65.
• On Monday, July 27th, Javier Olivan sold 837 shares of Meta Platforms stock. The shares were sold at an average price of $607.85, for a total transaction of $508,770.45.
• On Monday, July 20th, Javier Olivan sold 629 shares of Meta Platforms stock. The stock was sold at an average price of $645.85, for a total transaction of $406,239.65.
• On Monday, July 20th, Javier Olivan sold 837 shares of Meta Platforms stock. The stock was sold at an average price of $645.85, for a total transaction of $540,576.45.
• On Monday, July 6th, Javier Olivan sold 1,887 shares of Meta Platforms stock. The shares were sold at an average price of $600.62, for a total transaction of $1,133,369.94.
• On Monday, July 6th, Javier Olivan sold 3,348 shares of Meta Platforms stock. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56.
• On Monday, June 15th, Javier Olivan sold 1,258 shares of Meta Platforms stock. The stock was sold at an average price of $600.00, for a total value of $754,800.00.
• On Monday, June 15th, Javier Olivan sold 140 shares of Meta Platforms stock. The shares were sold at an average price of $600.00, for a total value of $84,000.00.
• On Monday, June 1st, Javier Olivan sold 629 shares of Meta Platforms stock. The shares were sold at an average price of $629.29, for a total value of $395,823.41.

Meta Platforms Price Performance

META opened at $578.85 on Thursday. The stock’s 50 day simple moving average is $596.66 and its 200 day simple moving average is $621.07. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The firm has a market cap of $1.47 trillion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.02 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $7.14 EPS. As a group, analysts predict that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, June 15th. Meta Platforms’s dividend payout ratio is currently 7.91%.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Analysts continue to forecast strong earnings growth. Erste Group lowered its FY2027 EPS estimate to $33.92 from $35.13 but maintained a “Buy” rating, while the broader consensus target implies substantial upside from recent trading levels. Brokers Issue Forecasts for Meta Platforms FY2027 Earnings
• Positive Sentiment: Meta rolled out its standalone Facebook Creator Studio app, offering AI-powered audience-growth advice and engagement tools that could improve creator activity and platform monetization. Facebook officially rolls out its standalone Creator Studio app with AI tools for creators
• Positive Sentiment: Meta’s open-weight AI strategy and new model releases strengthen its competitive position in the AI race and may improve advertising performance, engagement and future product development. Meta and Nvidia plant “very firm flag” in open-weight AI race
• Neutral Sentiment: Meta said it removed roughly 756,000 accounts believed to belong to Australians under age 16 ahead of Australia’s teen-account restrictions. The action demonstrates compliance but could increase enforcement, moderation and product-development costs. Meta says it has taken down 756,000 Australian teen accounts
• Negative Sentiment: Meta is facing a major trial brought by 29 U.S. states alleging that Facebook and Instagram were designed to addict children. A potential adverse ruling could lead to large damages, platform changes and thousands of additional youth-related lawsuits. Meta, 29 states head to court in biggest test yet of youth social media litigation
• Negative Sentiment: A German advocacy group filed a criminal complaint over Meta’s AI glasses, alleging privacy-law violations. The complaint adds to regulatory uncertainty around Meta’s wearable-AI expansion. German advocacy group lodges criminal complaint over Meta AI glasses
• Negative Sentiment: Investors remain concerned that sharply higher AI infrastructure and data-center spending is compressing profitability and free cash flow. Analysts noted rising costs and limited visibility into 2027 capital expenditures despite strong advertising growth. Meta’s Open-Source Crusade Is Also a Fight for Control
• Negative Sentiment: Meta COO Javier Olivan disclosed stock sales totaling about $1.02 million under a pre-arranged Rule 10b5-1 plan, while some investment managers also reduced their holdings. These transactions are not necessarily a signal of deteriorating fundamentals but can weigh on sentiment.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its stake in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the period. Headwater Capital Co Ltd lifted its holdings in Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after buying an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in Meta Platforms in the 2nd quarter valued at about $213,000. Finally, Capital & Planning LLC purchased a new position in shares of Meta Platforms during the second quarter worth approximately $322,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on META shares. Citizens Jmp lowered their price target on Meta Platforms from $800.00 to $770.00 and set a “market outperform” rating for the company in a research report on Thursday, July 30th. Cantor Fitzgerald cut their price objective on Meta Platforms from $770.00 to $680.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Truist Financial reduced their target price on Meta Platforms from $840.00 to $770.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. TD Cowen decreased their target price on Meta Platforms from $800.00 to $750.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $785.00 price target (down from $800.00) on shares of Meta Platforms in a report on Thursday, July 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $785.32.

Meta Platforms Company Profile

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.