Meta Platforms, Inc. (NASDAQ:META – Get Free Report) COO Javier Olivan bought 413 shares of Meta Platforms inventory in a transaction that occurred on Friday, October 18th. The shares had been bought at a mean value of $580.65, for a complete transaction of $239,808.45. Following the completion of the sale, the chief working officer now owns 11,120 shares of the corporate’s inventory, valued at roughly $6,456,828. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the SEC, which may be accessed by this hyperlink.
Javier Olivan additionally lately made the next commerce(s):
- On Friday, October eleventh, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $584.83, for a complete transaction of $241,534.79.
- On Friday, October 4th, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $583.73, for a complete transaction of $241,080.49.
- On Friday, September twenty seventh, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $570.00, for a complete transaction of $235,410.00.
- On Friday, September twentieth, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $560.00, for a complete transaction of $231,280.00.
- On Friday, September thirteenth, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $520.57, for a complete transaction of $214,995.41.
- On Friday, September sixth, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $522.00, for a complete transaction of $215,586.00.
- On Friday, August thirtieth, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $521.35, for a complete transaction of $215,317.55.
- On Friday, August twenty third, Javier Olivan bought 413 shares of Meta Platforms inventory. The shares had been bought at a mean value of $536.92, for a complete transaction of $221,747.96.
- On Thursday, August fifteenth, Javier Olivan bought 4,900 shares of Meta Platforms inventory. The shares had been bought at a mean value of $526.76, for a complete transaction of $2,581,124.00.
- On Thursday, August 1st, Javier Olivan bought 412 shares of Meta Platforms inventory. The inventory was bought at a mean value of $521.48, for a complete transaction of $214,849.76.
Meta Platforms Buying and selling Up 1.2 %
META opened at $582.01 on Wednesday. The corporate has a debt-to-equity ratio of 0.12, a present ratio of two.83 and a fast ratio of two.83. Meta Platforms, Inc. has a fifty-two week low of $279.40 and a fifty-two week excessive of $602.95. The agency has a market capitalization of $1.48 trillion, a PE ratio of 33.43, a P/E/G ratio of 1.45 and a beta of 1.22. The corporate’s 50-day transferring common is $547.72 and its 200 day transferring common is $509.22.
Meta Platforms (NASDAQ:META – Get Free Report) final posted its earnings outcomes on Wednesday, July thirty first. The social networking firm reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.46. Meta Platforms had a web margin of 34.34% and a return on fairness of 34.16%. The corporate had income of $39.07 billion for the quarter, in comparison with analyst estimates of $38.26 billion. Throughout the identical quarter within the prior yr, the enterprise posted $3.23 EPS. The agency’s income was up 22.1% in comparison with the identical quarter final yr. As a gaggle, analysis analysts predict that Meta Platforms, Inc. will put up 21.37 earnings per share for the present fiscal yr.
Meta Platforms Proclaims Dividend
The agency additionally lately introduced a quarterly dividend, which was paid on Thursday, September twenty sixth. Traders of file on Monday, September sixteenth had been issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, September sixteenth. This represents a $2.00 dividend on an annualized foundation and a dividend yield of 0.34%. Meta Platforms’s dividend payout ratio is presently 11.49%.
Wall Road Analysts Forecast Development
A number of brokerages have lately issued stories on META. Pivotal Analysis started protection on shares of Meta Platforms in a report on Tuesday, October 1st. They set a “purchase” ranking and a $780.00 value goal for the corporate. Monness Crespi & Hardt upped their value goal on shares of Meta Platforms from $570.00 to $620.00 and gave the inventory a “purchase” ranking in a report on Monday, September thirtieth. Needham & Firm LLC reiterated an “underperform” ranking on shares of Meta Platforms in a report on Wednesday, September 4th. Tigress Monetary upped their value goal on shares of Meta Platforms from $575.00 to $645.00 and gave the inventory a “strong-buy” ranking in a report on Friday, August sixteenth. Lastly, Piper Sandler upped their value goal on shares of Meta Platforms from $545.00 to $575.00 and gave the inventory an “chubby” ranking in a report on Thursday, August 1st. Two analysts have rated the inventory with a promote ranking, three have issued a maintain ranking, thirty-five have given a purchase ranking and two have given a powerful purchase ranking to the corporate’s inventory. In keeping with information from MarketBeat.com, the corporate at the moment has a consensus ranking of “Reasonable Purchase” and a mean value goal of $619.20.
View Our Newest Report on META
Institutional Traders Weigh In On Meta Platforms
Various institutional buyers and hedge funds have lately made modifications to their positions within the enterprise. Central Valley Advisors LLC elevated its stake in Meta Platforms by 0.3% within the third quarter. Central Valley Advisors LLC now owns 5,714 shares of the social networking firm’s inventory valued at $3,271,000 after shopping for an extra 18 shares over the last quarter. Cherrydale Wealth Administration LLC elevated its stake in Meta Platforms by 0.5% within the third quarter. Cherrydale Wealth Administration LLC now owns 3,841 shares of the social networking firm’s inventory valued at $2,199,000 after shopping for an extra 18 shares over the last quarter. Alliance Wealth Advisors LLC elevated its stake in Meta Platforms by 0.7% within the third quarter. Alliance Wealth Advisors LLC now owns 2,787 shares of the social networking firm’s inventory valued at $1,595,000 after shopping for an extra 18 shares over the last quarter. Kozak & Associates Inc. elevated its stake in Meta Platforms by 1.0% within the third quarter. Kozak & Associates Inc. now owns 1,906 shares of the social networking firm’s inventory valued at $1,099,000 after shopping for an extra 18 shares over the last quarter. Lastly, Firethorn Wealth Companions LLC elevated its stake in Meta Platforms by 1.8% within the third quarter. Firethorn Wealth Companions LLC now owns 1,075 shares of the social networking firm’s inventory valued at $615,000 after shopping for an extra 19 shares over the last quarter. Institutional buyers and hedge funds personal 79.91% of the corporate’s inventory.
About Meta Platforms
Meta Platforms, Inc engages within the growth of merchandise that allow individuals to attach and share with family and friends by cell gadgets, private computer systems, digital actuality headsets, and wearables worldwide. It operates in two segments, Household of Apps and Actuality Labs. The Household of Apps phase presents Fb, which allows individuals to share, talk about, uncover, and join with pursuits; Instagram, a group for sharing pictures, movies, and personal messages, in addition to feed, tales, reels, video, dwell, and retailers; Messenger, a messaging software for individuals to attach with buddies, household, communities, and companies throughout platforms and gadgets by textual content, audio, and video calls; and WhatsApp, a messaging software that’s utilized by individuals and companies to speak and transact privately.
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