Meta Platforms CEO Mark Zuckerberg Sells Over 45,000 Shares

On March 1st, Meta Platforms, Inc. (NASDAQ: META) CEO Mark Zuckerberg completed a significant sale of 45,919 of the company's shares at an average price of $500.30 each, totaling approximately $22.97 million. This sale was officially reported to the Securities & Exchange Commission, and the filing is accessible via their website.

Recent Trading Activities by Mark Zuckerberg

Zuckerberg has been actively trading Meta shares, executing several transactions in the past month. On February 26th, he sold 77,412 shares at $483.34 each; on the 28th, another 77,412 shares at $486.18 each; on the 23rd, 31,493 shares at $487.52; and substantial sales were also conducted on February 21st, 16th, 12th, 14th, 9th, 6th, alongside a January 29th sale of 65,600 shares at $400.50 each.

Meta Platforms Stock Valuation Details

The stock of Meta Platforms opened at $498.19 with a market cap of $1.27 trillion. The company showcases a healthy balance with a debt-to-equity ratio of 0.12, and liquidity ratios above 2.67. Currently, the stock's P/E ratio stands at 33.44, PEG ratio at 1.29, and beta at 1.21. With a 50-day average at $417.67 and 200-day average at $351.37, META has experienced a one-year low of $174.82 and a high of $504.42.

Quarterly Earnings and Dividend News

Meta Platforms reported a $5.33 earnings per share in the last quarter, surpassing estimates by $0.51. The company also saw $40.11 billion in revenue, higher than the expected $39.12 billion, indicating a 24.7% annual increase. They also declared a $0.50 per share quarterly dividend to be paid on March 26th to stockholders on record as of February 22nd, reflecting a $2.00 annual dividend and 0.40% yield with a 13.42% DPR).

Institutional Interest in Meta Platforms

Institutional investors have also been adjusting their stakes in Meta. MBM Wealth Consultants LLC acquired new shares valued at around $26,000. Stone House Investment Management and others raised their investments, and Quest Partners LLC started a new position with a $32,000 investment. Overall, institutions own 62.87% of META stock.

Analyst Perspectives on Meta Platforms

Analysts have set new price targets for META, with several raising their expectations significantly after recent earnings. The stock has received diverse ratings, from META, Zuckerberg, StockSale