<div id="readability-page-1"><p>Meta Platforms, Inc. (NASDAQ:META - Get Free Report) insider Jennifer Newstead sold 921 shares of the company's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $595.00, for a total value of $547,995.00. Following the sale, the insider now owns 33,024 shares in the company, valued at $19,649,280. The trade was a 2.71 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.</p><div><p><span></span><span>Get <strong>Meta Platforms</strong> alerts:</span></p></div><ul><li>NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy</li></ul><p>Jennifer Newstead also recently made the following trade(s): </p><ul><li>On Tuesday, March 4th, Jennifer Newstead sold 921 shares of Meta Platforms stock. The stock was sold at an average price of $644.00, for a total value of $593,124.00. </li><li>On Tuesday, February 25th, Jennifer Newstead sold 921 shares of Meta Platforms stock. The shares were sold at an average price of $665.75, for a total value of $613,155.75. </li><li>On Tuesday, February 18th, Jennifer Newstead sold 921 shares of Meta Platforms stock. The stock was sold at an average price of $736.07, for a total transaction of $677,920.47. </li><li>On Tuesday, February 11th, Jennifer Newstead sold 902 shares of Meta Platforms stock. The shares were sold at an average price of $713.32, for a total transaction of $643,414.64. </li><li>On Tuesday, February 4th, Jennifer Newstead sold 905 shares of Meta Platforms stock. The shares were sold at an average price of $702.24, for a total transaction of $635,527.20. </li><li>On Tuesday, January 28th, Jennifer Newstead sold 905 shares of Meta Platforms stock. The shares were sold at an average price of $666.00, for a total transaction of $602,730.00. </li><li>On Tuesday, January 21st, Jennifer Newstead sold 905 shares of Meta Platforms stock. The stock was sold at an average price of $618.00, for a total value of $559,290.00. </li><li>On Tuesday, January 14th, Jennifer Newstead sold 905 shares of Meta Platforms stock. The shares were sold at an average price of $604.54, for a total value of $547,108.70. </li><li>On Tuesday, January 7th, Jennifer Newstead sold 905 shares of Meta Platforms stock. The stock was sold at an average price of $631.55, for a total value of $571,552.75. </li><li>On Tuesday, December 31st, Jennifer Newstead sold 905 shares of Meta Platforms stock. The shares were sold at an average price of $591.76, for a total value of $535,542.80. </li></ul><h2>Meta Platforms Trading Down 4.7 %</h2><p>Meta Platforms stock traded down $28.92 during trading hours on Thursday, hitting $590.64. The stock had a trading volume of 16,401,585 shares, compared to its average volume of 13,665,140. The business's 50 day simple moving average is $658.13 and its 200-day simple moving average is $602.08. Meta Platforms, Inc. has a one year low of $414.50 and a one year high of $740.91. The stock has a market cap of $1.50 trillion, a price-to-earnings ratio of 24.69, a P/E/G ratio of 1.42 and a beta of 1.23. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. </p><ul><li>Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy</li></ul><p>Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, January 29th. The social networking company reported $8.02 EPS for the quarter, topping the consensus estimate of $6.75 by $1.27. Meta Platforms had a net margin of 37.91% and a return on equity of 38.17%. During the same quarter in the prior year, the firm posted $5.33 EPS.  On average, equities analysts predict that  Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year. </p><h2>Meta Platforms Increases Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, March 14th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.36%. This is an increase from Meta Platforms's previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, March 14th. Meta Platforms's dividend payout ratio  is presently 8.78%. </p><h2>Institutional Investors Weigh In On Meta Platforms</h2><ul><li>S&amp;P 500 &amp; Nasdaq Hit Critical Support—Will Stocks Hold or Fall?</li></ul><p>Institutional investors and hedge funds have recently made changes to their positions in the stock. Valley Financial Group Inc. lifted its position in shares of  Meta Platforms by 2.4% in the 4th quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock worth $344,000 after purchasing an additional 14 shares during the period.  Lantern Wealth Advisors LLC raised its stake in  Meta Platforms by 0.5% during the fourth quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company's stock worth $1,743,000 after buying an additional 14 shares during the last quarter.  Seelaus Asset Management LLC lifted its holdings in  Meta Platforms by 0.9% in the fourth quarter. Seelaus Asset Management LLC now owns 1,640 shares of the social networking company's stock valued at $960,000 after buying an additional 15 shares during the period.  Meredith Wealth Planning boosted its position in  Meta Platforms by 0.8% during the fourth quarter. Meredith Wealth Planning now owns 1,873 shares of the social networking company's stock valued at $1,097,000 after acquiring an additional 15 shares during the last quarter.  Finally, Maiden Cove Capital LLC grew its holdings in  Meta Platforms by 3.2% during the 4th quarter. Maiden Cove Capital LLC now owns 481 shares of the social networking company's stock worth $282,000 after acquiring an additional 15 shares during the period. Institutional investors and hedge funds own  79.91% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities analysts have recently weighed in on META shares. Susquehanna increased their price objective on shares of Meta Platforms from $675.00 to $800.00 and gave the company a &#34;positive&#34; rating in a research report on Thursday, January 30th. Needham &amp; Company LLC  reissued an &#34;underperform&#34; rating on shares of Meta Platforms in a report on Monday, January 27th. Wolfe Research boosted their price objective on Meta Platforms from $670.00 to $730.00 and gave the stock an &#34;outperform&#34; rating in a report on Friday, January 3rd. Wedbush  reaffirmed an &#34;outperform&#34; rating and issued a $770.00 target price (up previously from $700.00) on shares of Meta Platforms in a research report on Thursday, January 30th. Finally, DA Davidson lifted their price target on Meta Platforms from $700.00 to $800.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, four have issued  a hold rating, thirty-five have given a buy rating and two have issued  a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $719.26.</p><p><b>Check Out Our Latest Analysis on Meta Platforms</b></p><h2>About Meta Platforms</h2> (Get Free Report)<p>Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Meta Platforms</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>3 Undervalued Stocks You Can Buy at a Discount Now</li><li>What is the S&amp;P/TSX Index?</li><li>AMD Stock: Can the PC Refresh Cycle Spark a Rally?</li><li>How to Invest in Biotech Stocks</li><li>Micron Stock Spikes 7%—3 Key Catalysts Behind the Move</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVUQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVUQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Meta Platforms Right Now?</h2><p>Before you consider Meta Platforms, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.</p><p>While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

Insider Selling: Meta Platforms, Inc. (NASDAQ:META) Insider Sells 921 Shares of Stock