Meta Platforms, Inc. (NASDAQ:META – Get Free Report) CTO Andrew Bosworth sold 7,847 shares of Meta Platforms stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the transaction, the chief technology officer owned 414 shares of the company’s stock, valued at $251,641.62. The trade was a 94.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Andrew Bosworth also recently made the following trade(s):
- On Wednesday, February 18th, Andrew Bosworth sold 8,089 shares of Meta Platforms stock. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36.
Meta Platforms Stock Performance
NASDAQ META opened at $607.38 on Friday. The stock has a 50-day simple moving average of $618.57 and a two-hundred day simple moving average of $637.18. The firm has a market capitalization of $1.54 trillion, a P/E ratio of 22.08, a PEG ratio of 1.07 and a beta of 1.25. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35.
Meta Platforms News Roundup
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Several bullish takes argue Meta is undervalued relative to its earnings power, with strong profitability, buybacks, and AI investments that could support long-term growth if the company’s spending translates into revenue. Meta Platforms: A Call Option On The AI Race
- Positive Sentiment: Meta’s AI and product rollout efforts remain active, including expanded AI features in WhatsApp and renewed focus on smart glasses, which reinforce its long-term AI and AR strategy. Meta Platforms, Inc. (META) Expands AI Private Chats and Renewable Energy Deals
- Positive Sentiment: Analysts still see upside, with Wells Fargo only slightly trimming its target while maintaining an Overweight rating, suggesting Wall Street remains constructive on Meta’s AI infrastructure bet. Wells Fargo Trims Meta Platforms Price Target to $765
- Neutral Sentiment: Meta settled the first U.S. school-district lawsuit tied to social media addiction, reducing legal overhang for now, though broader litigation risk remains unresolved. Meta settles first US case over school costs tied to youth mental health
- Neutral Sentiment: CEO Mark Zuckerberg said he does not expect more companywide layoffs this year, which may calm employees but is unlikely to materially change the stock’s near-term outlook. Exclusive: Meta CEO tells employees he does not expect more company-wide layoffs this year
- Neutral Sentiment: Meta also continues to see insider sales and debate around layoffs, but those moves were largely tied to pre-arranged tax-withholding plans and are less likely to be a major market signal. Susan Li Sells 2,127 Shares of Meta Platforms
- Negative Sentiment: Meta’s biggest drag remains its aggressive AI spending, with 2026 capex guidance still extremely high and investors questioning whether layoffs will generate enough savings to offset that bill. Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- Negative Sentiment: The company’s 10% workforce reduction and related restructuring have raised concerns about morale, execution risk, and whether management is cutting costs fast enough to support AI investments. Meta Begins Laying Off Thousands of Employees as It Transforms Around AI
- Negative Sentiment: Meta is also facing fresh regulatory and legal scrutiny, including EU complaints over handling financial scams and ongoing criticism tied to youth mental-health lawsuits. Google, Meta, TikTok face EU consumer complaints about handling of financial scams
Institutional Investors Weigh In On Meta Platforms
Institutional investors have recently modified their holdings of the business. Westchester Capital Management Inc. acquired a new stake in Meta Platforms in the 3rd quarter worth about $26,000. RHL Group LLC acquired a new stake in Meta Platforms in the 4th quarter worth about $28,000. Strategic Wealth Advisors LLC acquired a new stake in Meta Platforms in the 4th quarter worth about $29,000. Niles Investment Management LLC acquired a new stake in Meta Platforms in the 4th quarter worth about $29,000. Finally, Bayban boosted its holdings in Meta Platforms by 100.0% in the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock worth $40,000 after buying an additional 35 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
META has been the subject of a number of recent research reports. DA Davidson lifted their price objective on Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Rothschild & Co Redburn set a $900.00 target price on Meta Platforms in a research report on Monday, January 26th. Sanford C. Bernstein dropped their target price on Meta Platforms from $900.00 to $850.00 and set an “outperform” rating on the stock in a research report on Thursday, April 30th. Robert W. Baird raised their target price on Meta Platforms from $815.00 to $830.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Finally, Truist Financial dropped their target price on Meta Platforms from $900.00 to $840.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $840.19.
View Our Latest Stock Report on META
About Meta Platforms
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.
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