Meta Platforms Inc (NASDAQ: META) is 20.20% higher on its value in year-to-date trading and has touched a low of $414.50 and a high of $740.91 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The META stock was last observed hovering at around $716.37 in the last trading session, with the day’s loss setting it -12.6%.
Currently trading at $703.77, the stock is 1.44% and 9.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.48 million and changing -1.76% at the moment leaves the stock 26.72% off its SMA200. META registered 45.40% gain for a year compared to 6-month gain of 33.44%.
The stock witnessed a 14.85% loss in the last 1 month and extending the period to 3 months gives it a 21.94%, and is -2.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.33% over the week and 2.76% over the month.
Meta Platforms Inc (META) has around 74067 employees, a market worth around $1783.28B and $164.50B in sales. Current P/E ratio is 29.42 and Fwd P/E is 24.52. Profit margin for the company is 37.91%. Distance from 52-week low is 69.79% and -5.01% from its 52-week high. The company has generated returns on investments over the last 12 months (27.07%).
The EPS is expected to grow by 5.60% this year
The shares outstanding are 2.19B, and float is at 2.19B with Short Float at 1.22%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 189.31 million shares valued at $95.45 billion. The investor’s holdings represent 7.4384 of the META Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 161.11 million shares valued at $81.23 billion to account for 6.3304 of the shares outstanding. The other top investors are FMR LLC which holds 138.46 million shares representing 5.4403 and valued at over $69.81 billion, while STATE STREET CORP holds 3.3893 of the shares totaling 86.26 million with a market value of $43.49 billion.
Meta Platforms Inc (META) Insider Activity
The most recent transaction is an insider sale by Zuckerberg Mark, the company’s COB and CEO. SEC filings show that Zuckerberg Mark sold 19,668 shares of the company’s common stock on Feb 19 ’25 at a price of $703.21 per share for a total of $13.83 million. Following the sale, the insider now owns 0.0 shares.
Meta Platforms Inc disclosed in a document filed with the SEC on Feb 18 ’25 that Zuckerberg Mark (COB and CEO) sold a total of 19,668 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $716.99 per share for $14.1 million. Following the transaction, the insider now directly holds 0.0 shares of the META stock.
Still, SEC filings show that on Feb 15 ’25, Olivan Javier (Chief Operating Officer) disposed off 4,706 shares at an average price of $736.67 for $3.47 million. The insider now directly holds 20,935 shares of Meta Platforms Inc (META).
