On February 4, 2025, Jennifer Newstead, Chief Legal Officer of Meta Platforms Inc (META, Financial), sold 905 shares of the company. Following this transaction, the insider now owns 28,390 shares of Meta Platforms Inc.
Meta Platforms Inc, formerly known as Facebook Inc, is a leading technology company that operates social media platforms such as Facebook, Instagram, and WhatsApp. The company is also involved in the development of virtual reality products and services through its Oculus division.
The insider transaction history for Meta Platforms Inc indicates that there have been 0 insider buys in total over the past year. Meanwhile, there have been 287 insider sells over the same timeframe. Over the past year, Jennifer Newstead has sold 41,978 shares in total and purchased 0 shares in total.
On the day of the recent sale, shares of Meta Platforms Inc were trading for $702.24 apiece. This gives the stock a market cap of $1,817,900.525 million. The price-earnings ratio is 30.00, which is higher than the industry median of 20.8 and higher than the company’s historical median price-earnings ratio.
With a price of $702.24 and a GuruFocus Value of $418.89, Meta Platforms Inc has a price-to-GF-Value ratio of 1.68. This means the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
For more details on the transaction, refer to the SEC Filing.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
