On December 31, 2024, Jennifer Newstead, Chief Legal Officer of Meta Platforms Inc (META, Financial), sold 905 shares of the company. Following this transaction, the insider now owns 32,915 shares of Meta Platforms Inc. The details of this transaction can be found in the SEC Filing.
Meta Platforms Inc, formerly known as Facebook, 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.

Over the past year, Jennifer Newstead has sold a total of 40,269 shares and has not purchased any shares. The insider transaction history for Meta Platforms Inc indicates that there have been 0 insider buys and 280 insider sells over the same period.

On the day of the recent sale, shares of Meta Platforms Inc were trading at $591.76, giving the stock a market cap of $1,526,381.501 million. The company’s price-earnings ratio is 28.48, which is higher than the industry median of 20.96 but lower than the company’s historical median price-earnings ratio.
With a trading price of $591.76 and a GF Value of $409.16, Meta Platforms Inc has a price-to-GF-Value ratio of 1.45, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

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.