Mark Zuckerberg, CEO of Meta Platforms, Inc. (NASDAQ:META), sold 22,946 shares of the company's stock on December 6, 2024, for a total value of $14,268,740.64. The shares were sold at an average price of $621.84.
Following this transaction, Meta's stock opened at $613.57 on December 10, 2024. The company's market capitalization stands at $1.55 trillion, with a P/E ratio of 28.90 and a P/E/G ratio of 1.37. The stock has experienced a 12-month low of $319.99 and a high of $629.79.
In its latest earnings report released on October 30, 2024, Meta announced an EPS of $6.03, surpassing analysts' expectations of $5.19. The company reported revenue of $40.59 billion, exceeding the forecast of $40.21 billion.
Meta also declared a quarterly dividend of $0.50 per share, set to be paid on December 27, 2024, to shareholders on record as of December 16, 2024. The annualized dividend stands at $2.00, yielding 0.33%.
Recent analyst ratings show a consensus of 35 buy ratings, 4 hold ratings, and 2 sell ratings for META shares. The average price target is currently $634.71.