Meta Platforms (NASDAQ:META) CFO Susan Li Sells 9,196 Shares of Stock

Meta Platforms, Inc. (NASDAQ:METAGet Free Report) CFO Susan Li sold 9,196 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the sale, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. The trade was a 41.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meta Platforms Stock Down 0.0%

Shares of NASDAQ META opened at $545.83 on Friday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average of $593.85 and a 200-day moving average of $615.87. The firm has a market capitalization of $1.39 trillion, a price-to-earnings ratio of 20.56, a PEG ratio of 0.93 and a beta of 1.25. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $790.80.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to analysts’ expectations of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the prior year, the business earned $7.14 earnings per share. Sell-side analysts expect that Meta Platforms, Inc. will post 28.5 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Hedge Funds Weigh In On Meta Platforms

Hedge funds and other institutional investors have recently modified their holdings of the stock. RHL Group LLC bought a new position in Meta Platforms during the 4th quarter valued at approximately $28,000. Strategic Wealth Advisors LLC bought a new stake in Meta Platforms in the fourth quarter worth $29,000. Advantage Trust Co purchased a new stake in shares of Meta Platforms in the second quarter worth $28,000. Philadelphia Investment Partners LLC purchased a new stake in shares of Meta Platforms in the second quarter worth $32,000. Finally, Axiom Investment Management LLC bought a new position in shares of Meta Platforms during the first quarter valued at $36,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Key Stories Impacting Meta Platforms

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

  • Positive Sentiment: Meta launched Pocket in the United States, an AI-powered app that lets users create and share interactive games through prompts. The rollout could expand Meta’s consumer AI ecosystem and generate new engagement opportunities. Meta brings Pocket to US users
  • Positive Sentiment: Meta also introduced a Mac version of Meta AI with system-wide dictation and screen-context capabilities. Separately, an analyst argued that the company’s substantial AI investments could unlock significant future revenue, supporting the long-term growth case. Meta AI launches Mac app
  • Neutral Sentiment: Meta CTO Andrew Bosworth, CFO Susan Li and insider Curtis Mahoney disclosed stock sales totaling roughly $10.3 million. Each transaction was conducted under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary signal of management’s outlook, although the clustered sales may draw investor attention. Meta insider transaction filing
  • Negative Sentiment: A federal trial involving California and 28 other states is intensifying. Former Meta employee Arturo Béjar testified that certain safety tools were “designed to fail,” reinforcing allegations that Facebook and Instagram were deliberately made addictive and that risks to young users were inadequately addressed. A loss could bring large penalties, mandated product changes and potential pressure on engagement and advertising monetization. Former employee testifies about Meta safety tools
  • Negative Sentiment: Investors remain concerned that elevated AI infrastructure spending could weigh on second-half free cash flow, particularly after Meta’s recent earnings-per-share miss. The legal case, which some reports associate with potential liabilities reaching hundreds of billions of dollars or more, adds substantial downside risk to a stock already trading below its longer-term moving averages. Meta trial adds risk to stock

Wall Street Analysts Forecast Growth

META has been the subject of a number of research reports. Scotiabank reaffirmed a “sector perform” rating and issued a $600.00 price objective on shares of Meta Platforms in a research note on Thursday, July 30th. Wolfe Research reiterated an “outperform” rating and issued a $700.00 target price on shares of Meta Platforms in a research report on Thursday, July 30th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $725.00 price target (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Rosenblatt Securities cut their price target on shares of Meta Platforms from $1,015.00 to $883.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Finally, Arete Research set a $735.00 price target on shares of Meta Platforms and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $785.32.

View Our Latest Analysis on META

About Meta Platforms

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Meta Platforms (NASDAQ:META)

Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.