Meta Platforms, Inc. (NASDAQ:META – Get Free Report) CEO Mark Zuckerberg bought 420 shares of the corporate’s inventory in a transaction dated Wednesday, October thirtieth. The shares had been bought at a mean value of $600.17, for a complete transaction of $252,071.40. Following the sale, the chief govt officer now owns 518,004 shares of the corporate’s inventory, valued at roughly $310,890,460.68. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is on the market at this hyperlink.
Mark Zuckerberg additionally just lately made the next commerce(s):
- On Monday, October 14th, Mark Zuckerberg bought 84 shares of Meta Platforms inventory. The inventory was bought at a mean value of $600.00, for a complete transaction of $50,400.00.
- On Monday, October seventh, Mark Zuckerberg bought 492 shares of Meta Platforms inventory. The inventory was bought at a mean value of $600.75, for a complete transaction of $295,569.00.
- On Friday, August thirtieth, Mark Zuckerberg bought 4,909 shares of Meta Platforms inventory. The inventory was bought at a mean value of $519.17, for a complete transaction of $2,548,605.53.
- On Monday, August twenty sixth, Mark Zuckerberg bought 16,702 shares of Meta Platforms inventory. The inventory was bought at a mean value of $520.48, for a complete transaction of $8,693,056.96.
- On Wednesday, August twenty eighth, Mark Zuckerberg bought 7,975 shares of Meta Platforms inventory. The inventory was bought at a mean value of $516.36, for a complete transaction of $4,117,971.00.
- On Friday, August twenty third, Mark Zuckerberg bought 16,702 shares of Meta Platforms inventory. The inventory was bought at a mean value of $531.46, for a complete transaction of $8,876,444.92.
- On Monday, August nineteenth, Mark Zuckerberg bought 16,702 shares of Meta Platforms inventory. The inventory was bought at a mean value of $526.94, for a complete transaction of $8,800,951.88.
- On Wednesday, August twenty first, Mark Zuckerberg bought 16,702 shares of Meta Platforms inventory. The inventory was bought at a mean value of $533.24, for a complete transaction of $8,906,174.48.
- On Friday, August sixteenth, Mark Zuckerberg bought 16,702 shares of Meta Platforms inventory. The inventory was bought at a mean value of $529.09, for a complete transaction of $8,836,861.18.
- On Monday, August twelfth, Mark Zuckerberg bought 16,702 shares of Meta Platforms inventory. The inventory was bought at a mean value of $514.89, for a complete transaction of $8,599,692.78.
Meta Platforms Buying and selling Down 0.1 %
Shares of Meta Platforms inventory opened at $567.16 on Monday. The corporate’s fifty day easy shifting common is $555.99 and its 200-day easy shifting common is $513.25. The inventory has a market capitalization of $1.43 trillion, a PE ratio of 26.72, a P/E/G ratio of 1.36 and a beta of 1.22. Meta Platforms, Inc. has a 1-year low of $308.33 and a 1-year excessive of $602.95. The corporate has a debt-to-equity ratio of 0.18, a present ratio of two.73 and a fast ratio of two.83.
Meta Platforms (NASDAQ:META – Get Free Report) final issued its quarterly earnings outcomes on Wednesday, October thirtieth. The social networking firm reported $6.03 earnings per share for the quarter, topping the consensus estimate of $5.19 by $0.84. The enterprise had income of $40.59 billion for the quarter, in comparison with analysts’ expectations of $40.21 billion. Meta Platforms had a web margin of 35.55% and a return on fairness of 35.60%. As a bunch, equities analysts anticipate that Meta Platforms, Inc. will put up 21.84 earnings per share for the present yr.
Meta Platforms Dividend Announcement
The corporate additionally just lately introduced a quarterly dividend, which was paid on Thursday, September twenty sixth. Traders of report on Monday, September sixteenth had been paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized foundation and a dividend yield of 0.35%. The ex-dividend date was Monday, September sixteenth. Meta Platforms’s dividend payout ratio (DPR) is 9.42%.
Analyst Rankings Adjustments
Quite a few analysis corporations just lately issued reviews on META. Tigress Monetary elevated their value goal on shares of Meta Platforms from $575.00 to $645.00 and gave the inventory a “strong-buy” ranking in a analysis notice on Friday, August sixteenth. Susquehanna raised their goal value on shares of Meta Platforms from $600.00 to $675.00 and gave the corporate a “constructive” ranking in a analysis notice on Thursday. Roth Mkm raised their goal value on shares of Meta Platforms from $620.00 to $635.00 and gave the corporate a “purchase” ranking in a analysis notice on Thursday. TD Cowen raised their goal value on shares of Meta Platforms from $600.00 to $675.00 and gave the corporate a “purchase” ranking in a analysis notice on Thursday, October seventeenth. Lastly, Needham & Firm LLC reaffirmed an “underperform” ranking on shares of Meta Platforms in a analysis notice on Thursday. Two funding analysts have rated the inventory with a promote ranking, 4 have issued a maintain ranking, thirty-five have issued a purchase ranking and two have given a powerful purchase ranking to the corporate’s inventory. In keeping with information from MarketBeat, the corporate has a mean ranking of “Reasonable Purchase” and a consensus value goal of $634.10.
Institutional Inflows and Outflows
Quite a few giant traders have just lately modified their holdings of META. Delos Wealth Advisors LLC lifted its stake in shares of Meta Platforms by 527.3% in the course of the 1st quarter. Delos Wealth Advisors LLC now owns 69 shares of the social networking firm’s inventory valued at $34,000 after shopping for a further 58 shares within the final quarter. POM Funding Methods LLC bought a brand new place in shares of Meta Platforms in the course of the 2nd quarter valued at $38,000. Ruedi Wealth Administration Inc. lifted its stake in shares of Meta Platforms by 122.2% in the course of the 2nd quarter. Ruedi Wealth Administration Inc. now owns 80 shares of the social networking firm’s inventory valued at $40,000 after shopping for a further 44 shares within the final quarter. Richardson Monetary Companies Inc. lifted its stake in shares of Meta Platforms by 95.6% in the course of the 1st quarter. Richardson Monetary Companies Inc. now owns 88 shares of the social networking firm’s inventory valued at $41,000 after shopping for a further 43 shares within the final quarter. Lastly, Halpern Monetary Inc. bought a brand new place in shares of Meta Platforms in the course of the third quarter valued at $46,000. Hedge funds and different institutional traders personal 79.91% of the corporate’s inventory.
About Meta Platforms
Meta Platforms, Inc engages within the growth of merchandise that allow folks to attach and share with family and friends by means of cell units, 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 gives Fb, which permits folks to share, focus on, uncover, and join with pursuits; Instagram, a group for sharing photographs, movies, and personal messages, in addition to feed, tales, reels, video, reside, and outlets; Messenger, a messaging software for folks to attach with mates, household, communities, and companies throughout platforms and units by means of textual content, audio, and video calls; and WhatsApp, a messaging software that’s utilized by folks and companies to speak and transact privately.
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