Meta Platforms, Inc. (NASDAQ:META – Get Free Report) insider Christopher Cox sold 40,000 shares of Meta Platforms stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $712.76, for a total value of $28,510,400.00. Following the transaction, the insider owned 184,516 shares in the company, valued at approximately $131,515,624.16. The trade was a 17.82% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Meta Platforms Trading Up 1.0%
Meta Platforms stock traded up $7.51 during midday trading on Wednesday, hitting $744.10. 30,318,016 shares of the stock were exchanged, compared to its average volume of 17,355,260. 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 stock’s 50-day simple moving average is $609.53 and its 200 day simple moving average is $610.57. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $763.90. The stock has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 28.03, a PEG ratio of 1.29 and a beta of 1.25.
Meta Platforms (NASDAQ:META – Get Free Report) last posted its earnings results 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 firm had revenue of $60.80 billion during the quarter, compared to analyst estimates 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 earned $7.14 earnings per share. On average, equities analysts anticipate that Meta Platforms, Inc. will post 27.93 EPS for the current year.
Meta Platforms Announces Dividend
Meta Platforms News Summary
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Muse quickly reached the top of Apple’s U.S. free-app charts, with reported downloads approaching 900,000 in its first week. Positive reviews and demonstrations of the agent handling travel, reservations, insurance and financial tasks are strengthening the view that Meta has developed a potential mass-market product. Meta’s standoff with Amazon over Muse could be a sign of things to come
- Positive Sentiment: Analysts raised their outlooks as Muse demonstrated a possible “third S-curve” for AI growth. KeyCorp lifted its price target to $900, Cantor Fitzgerald to $860, and Jefferies to $875, while maintaining bullish ratings. The opportunity includes subscriptions, advertising, transaction fees and lead generation. Meta Price Targets Hiked to $900 as Analyst Cite AI Momentum Revenue Growth Paths
- Positive Sentiment: Shopify and PayPal are integrating with Muse for agentic checkout, while Instacart has become another partner. These relationships support the thesis that Meta could become an intermediary for online purchases and monetize completed transactions rather than only user attention. Shopify Brings Shop Pay Checkout Solution to Meta’s Muse AI Agent
- Positive Sentiment: Meta’s broad distribution across Facebook, Instagram and its other platforms, combined with internally developed AI models and infrastructure, is viewed as a competitive advantage. Investors are also watching Meta Connect for new AI and smart-glasses announcements. Muse AI Makes Meta Connect a Must Watch for Investors
- Neutral Sentiment: Amazon blocked Muse from accessing its shopping site, highlighting both the strategic importance of AI agents and the possibility of platform restrictions. The standoff could limit Muse’s usefulness but also signals that competitors view Meta’s transaction ambitions as a serious threat. Meta’s New AI Agent Is an Instant Hit—and the Backlash Has Already Begun
- Negative Sentiment: The rapid rally has increased near-term pullback and valuation risk. Investors remain concerned about Meta’s heavy AI capital spending, dependence on advertising and whether Muse can convert popularity into durable profits. Meta Stock Forecast: Bullish Trend Strong Despite Pullback Risk
- Negative Sentiment: Privacy and security concerns are mounting, while reports that Meta is testing human contractors to handle some Muse calls raise questions about scalability and the product’s current level of automation. Meta testing a human concierge for Muse
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on META shares. Scotiabank restated a “sector perform” rating and issued a $600.00 price objective on shares of Meta Platforms in a report on Thursday, July 30th. Wells Fargo & Company raised their price objective on shares of Meta Platforms from $640.00 to $796.00 and gave the company an “overweight” rating in a research note on Monday. Arete Research set a $735.00 price objective on shares of Meta Platforms and gave the company a “buy” rating in a report on Tuesday, June 2nd. Guggenheim restated a “buy” rating and issued a $800.00 price objective on shares of Meta Platforms in a report on Tuesday, July 28th. Finally, Raymond James Financial upped their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, July 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price of $796.95.
View Our Latest Stock Analysis on Meta Platforms
Hedge Funds Weigh In On Meta Platforms
Hedge funds and other institutional investors have recently made changes to their positions in the stock. RHL Group LLC purchased a new position in Meta Platforms in the fourth quarter valued at approximately $28,000. Advantage Trust Co purchased a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $28,000. Niles Investment Management LLC purchased a new stake in shares of Meta Platforms during the 4th quarter worth approximately $29,000. Philadelphia Investment Partners LLC acquired a new position in shares of Meta Platforms in the 2nd quarter valued at $32,000. Finally, Axiom Investment Management LLC purchased a new position in shares of Meta Platforms in the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Meta Platforms Company Profile
Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.
Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.
The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.
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