![jmp stock price jmp stock price](https://cdn-images-1.medium.com/max/1200/1*O_cRvJb_BloZbLC1CL1CEg.png)
Following the transaction, the insider now directly owns 19,115 shares of the company’s stock, valued at $3,170,987.35. The stock was sold at an average price of $165.89, for a total transaction of $56,734.38. In other news, insider Jennifer Newstead sold 342 shares of the company’s stock in a transaction on Tuesday, June 14th. Equities analysts predict that Meta Platforms will post 11.63 earnings per share for the current fiscal year. During the same period in the previous year, the business earned $3.30 earnings per share. The company had revenue of $27.91 billion during the quarter, compared to analyst estimates of $28.21 billion. Meta Platforms had a net margin of 31.20% and a return on equity of 28.74%. The social networking company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.54 by $0.18. Meta Platforms ( NASDAQ:META – Get Rating) last announced its earnings results on Wednesday, April 27th. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and an average target price of $301.59. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, thirty-three have assigned a buy rating and one has assigned a strong buy rating to the company. Finally, Guggenheim cut their price target on shares of Meta Platforms from $275.00 to $250.00 and set a na rating for the company in a research report on Wednesday, May 18th. MKM Partners cut their price target on shares of Meta Platforms from $315.00 to $295.00 in a research report on Thursday, April 28th.
![jmp stock price jmp stock price](https://www.investorsalley.com/wp-content/uploads/TSLA-20.png)
Jefferies Financial Group cut their price target on shares of Meta Platforms from $330.00 to $310.00 in a research report on Tuesday, May 24th. Truist Financial cut their target price on shares of Meta Platforms from $350.00 to $320.00 in a research report on Thursday, April 28th. Morgan Stanley cut their target price on shares of Meta Platforms from $330.00 to $300.00 and set an overweight rating for the company in a research report on Wednesday, June 1st. Several other research analysts have also issued reports on the stock. They currently have a market outperform rating on the social networking company’s stock. Meta Platforms ( NASDAQ:META – Get Rating) had its target price cut by JMP Securities from $265.00 to $240.00 in a report issued on Thursday morning, The Fly reports.