Meta Platforms Inc (NASDAQ: META) is -13.80% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The META stock was last observed hovering at around $531.62 in the last trading session, with the day’s loss setting it -26.89%.
Currently trading at $504.73, the stock is -14.40% and -21.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 38.47 million and changing -5.06% at the moment leaves the stock -12.57% off its SMA200. META registered -0.40% loss for a year compared to 6-month gain of -11.89%. The firm has a 50-day simple moving average (SMA 50) of $646.3558 and a 200-day simple moving average (SMA200) of $577.28156.
The stock witnessed a -19.62% loss in the last 1 month and extending the period to 3 months gives it a -15.77%, and is -12.49% 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 4.09% over the week and 3.73% over the month.
Meta Platforms Inc (META) has around 74067 employees, a market worth around $1278.81B and $164.50B in sales. Current P/E ratio is 21.10 and Fwd P/E is 17.62. Profit margin for the company is 37.91%. Distance from 52-week low is 21.77% and -31.88% from its 52-week high. The company has generated returns on investments over the last 12 months (27.07%).
with sales reaching $41.45B over the same period.The EPS is expected to grow by 5.38% this year, but quarterly earnings will post 14.44% year-over-year. Quarterly sales are estimated to grow 13.70% in year-over-year returns.
Meta Platforms Inc (META) Top Institutional Holders
5806.0 institutions hold shares in Meta Platforms Inc (META), with institutional investors hold 79.42% of the company’s shares. The shares outstanding are 2.19B, and float is at 2.19B with Short Float at 1.12%. Institutions hold 79.30% of the Float.
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 6.3579 of the shares outstanding. The other top investors are FMR LLC which holds 138.46 million shares representing 5.4639% and valued at over $69.81 billion, while STATE STREET CORP holds 3.4041 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 Newstead Jennifer, the company’s Chief Legal Officer. SEC filings show that Newstead Jennifer sold 921 shares of the company’s common stock on Apr 01 ’25 at a price of $570.66 per share for a total of $0.53 million. Following the sale, the insider now owns 30261.0 shares.
Meta Platforms Inc disclosed in a document filed with the SEC on Mar 31 ’25 that Olivan Javier (Chief Operating Officer) sold a total of 608 shares of the company’s common stock. The trade occurred on Mar 31 ’25 and was made at $563.03 per share for $0.34 million. Following the transaction, the insider now directly holds 6230.0 shares of the META stock.
Still, SEC filings show that on Apr 01 ’25, Newstead Jennifer (Officer) Proposed Sale 921 shares at an average price of $570.66 for $0.53 million. The insider now directly holds shares of Meta Platforms Inc (META).