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Meta Platforms shares fell slightly as insiders sold shares, despite strong earnings.
Meta Platforms shares slightly dropped on April 18 after insiders sold some of their holdings.
The company's recent earnings report showed a strong performance with an EPS of $8.02, exceeding analyst estimates.
Despite insider selling and lower trading volumes, Meta Platforms has a "Moderate Buy" rating and a $684.10 average price target.
The company, parent to Facebook and Instagram, has a market cap of $1.27 trillion and maintains a P/E ratio of 20.96.
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Las acciones de Meta Platforms cayeron ligeramente cuando los insiders vendieron acciones, a pesar de las fuertes ganancias.