Meta Platforms (NASDAQ:META) Stock Purchase Reported by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on October 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

Meta Platforms Trading Down 0.8%

META stock traded down $5.16 during trading on Thursday, hitting $623.61. The company had a trading volume of 10,199,952 shares, compared to its average volume of 18,105,098. The stock has a market cap of $1.59 trillion, a PE ratio of 21.26, a PEG ratio of 1.11 and a beta of 1.28. The business has a 50-day moving average of $678.62 and a 200-day moving average of $632.12. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.30. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $779.82.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.54 by $0.86. The firm had revenue of $64.60 billion during the quarter, compared to analyst estimates of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The company’s revenue was up 26.1% compared to the same quarter last year. During the same quarter last year, the business earned $7.25 EPS. Research analysts predict that Meta Platforms, Inc. will post 29.01 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a $0.5250 dividend. The ex-dividend date was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 7.16%.

Recent Meta Platforms Headlines

Investors following META have been watching these headlines:

• Neutral Sentiment: Infrastructure chief Santosh Janardhan plans to leave in early 2027, with former AWS executive David Brown set to succeed him. The transition comes as Meta ramps up AI infrastructure investment; continuity under an experienced successor may help limit disruption. Meta’s longtime infrastructure head to depart
• Negative Sentiment: A $27 billion AI data-center financing arrangement drew scrutiny after investor Steve Eisman compared its off-balance-sheet structure to Enron. Another investor disputed the comparison, but the debate may increase concern about the transparency and risks of Meta’s AI spending. Meta’s $27B Off-Balance-Sheet AI Deal
• Negative Sentiment: A UK regulator fined Meta over repeated inaccuracies in WhatsApp Business data, adding to regulatory and compliance concerns. Meta fined by UK regulator over WhatsApp Business data

Insiders Place Their Bets

In other Meta Platforms news, CTO Andrew Bosworth sold 7,848 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the transaction, the chief technology officer directly owned 828 shares of the company’s stock, valued at approximately $462,024. The trade was a 90.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the transaction, the chief accounting officer owned 6,271 shares of the company’s stock, valued at approximately $3,875,854.26. The trade was a 34.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 149,398 shares of company stock valued at $102,134,435. 13.42% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

META has been the topic of a number of analyst reports. DZ Bank restated a “buy” rating on shares of Meta Platforms in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Meta Platforms from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Roth Capital decreased their price objective on Meta Platforms from $820.00 to $750.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Phillip Securities upgraded shares of Meta Platforms from a “buy” rating to a “strong-buy” rating and cut their price target for the company from $795.00 to $750.00 in a report on Monday, August 3rd. Finally, Guggenheim reiterated a “buy” rating and issued a $850.00 target price on shares of Meta Platforms in a research note on Thursday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $833.12.

Institutional Trading of Meta Platforms

Institutional investors have recently made changes to their positions in the company. State Street Corp lifted its position in shares of Meta Platforms by 1.2% during the 3rd quarter. State Street Corp now owns 93,163,430 shares of the social networking company’s stock worth $67,560,256,000 after buying an additional 1,129,467 shares during the last quarter. Bank of America Corp DE increased its position in Meta Platforms by 14.6% during the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after buying an additional 2,673,494 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Meta Platforms by 1.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company’s stock worth $7,230,426,000 after acquiring an additional 162,909 shares during the last quarter. Amundi boosted its stake in shares of Meta Platforms by 18.1% during the first quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock worth $6,784,873,000 after buying an additional 1,815,017 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Meta Platforms by 4.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company’s stock worth $5,964,745,000 after acquiring an additional 404,948 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Meta Platforms Company Profile

Meta Platforms, Inc. is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world. The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.