Meta Platforms (NASDAQ:META) Stock Unloaded Rep. Robert Bresnahan, Jr.

Posted by Editorial Team on May 11th, 2025

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Meta Platforms stock on April 16th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT #2” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.
Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/11/2025.
Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/10/2025.
Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.
Sold $1,001 – $15,000 in shares of Best Buy (NYSE:BBY) on 4/8/2025.

Meta Platforms Stock Down 0.9 %

Shares of META opened at $592.49 on Friday. The stock’s 50-day moving average price is $568.87 and its two-hundred day moving average price is $604.50. Meta Platforms, Inc. has a 12 month low of $442.65 and a 12 month high of $740.91. The company has a market capitalization of $1.50 trillion, a PE ratio of 24.77, a PEG ratio of 1.42 and a beta of 1.24. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.16.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, April 30th. The social networking company reported $6.43 EPS for the quarter, beating the consensus estimate of $5.33 by $1.10. The business had revenue of $42.31 billion for the quarter, compared to analysts’ expectations of $41.45 billion. Meta Platforms had a return on equity of 38.17% and a net margin of 37.91%. The firm’s revenue was up 16.1% on a year-over-year basis. During the same period in the prior year, the business posted $4.71 earnings per share. On average, analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Friday, March 14th were given a dividend of $0.525 per share. This is a positive change from Meta Platforms’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a yield of 0.35%. The ex-dividend date was Friday, March 14th. Meta Platforms’s dividend payout ratio (DPR) is currently 8.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on META shares. Evercore ISI increased their price objective on shares of Meta Platforms from $725.00 to $750.00 and gave the stock an “outperform” rating in a research report on Thursday, May 1st. TD Securities decreased their price target on Meta Platforms from $725.00 to $700.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Wedbush boosted their price objective on Meta Platforms from $680.00 to $750.00 and gave the company an “outperform” rating in a research note on Thursday, May 1st. Robert W. Baird upped their target price on Meta Platforms from $680.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. lifted their target price on Meta Platforms from $610.00 to $675.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirty-seven have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $696.45.

Read Our Latest Stock Analysis on Meta Platforms

Insider Activity

In other Meta Platforms news, CEO Mark Zuckerberg sold 35,795 shares of Meta Platforms stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $715.82, for a total transaction of $25,622,776.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Javier Olivan sold 406 shares of the stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $491.69, for a total transaction of $199,626.14. Following the completion of the sale, the chief operating officer now directly owns 4,608 shares in the company, valued at approximately $2,265,707.52. The trade was a 8.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 155,689 shares of company stock worth $109,097,842. 13.71% of the stock is owned by corporate insiders.

Institutional Trading of Meta Platforms

Several hedge funds have recently added to or reduced their stakes in META. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms in the 1st quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the first quarter worth $33,000. Millstone Evans Group LLC purchased a new stake in shares of Meta Platforms during the fourth quarter worth $40,000. Finally, Avondale Wealth Management bought a new position in shares of Meta Platforms in the fourth quarter worth $41,000. Institutional investors own 79.91% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Meta Platforms Company Profile

(Get Free Report)

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.