Aspire Growth Partners LLC Acquires 45 Shares of Meta Platforms, Inc. $META

Aspire Growth Partners LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 7.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 662 shares of the social networking company’s stock after purchasing an additional 45 shares during the quarter. Aspire Growth Partners LLC’s holdings in Meta Platforms were worth $395,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of META. Inlight Wealth Management LLC acquired a new stake in shares of Meta Platforms during the first quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms during the first quarter worth about $28,000. Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of Meta Platforms during the fourth quarter worth about $45,000. JCIC Asset Management Inc. increased its position in shares of Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after acquiring an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. bought a new stake in shares of Meta Platforms during the fourth quarter worth about $47,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider directly owned 237,205 shares in the company, valued at $184,059,219.75. The trade was a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 313,803 shares of company stock worth $235,276,424 over the last three months. 13.61% of the stock is currently owned by insiders.

Meta Platforms Stock Down 1.2%

META opened at $739.10 on Friday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.86 trillion, a price-to-earnings ratio of 26.76, a PEG ratio of 1.55 and a beta of 1.27. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company’s 50-day moving average price is $728.87 and its two-hundred day moving average price is $657.34.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company’s quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 16th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, June 16th. Meta Platforms’s payout ratio is presently 7.60%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on META shares. Moffett Nathanson boosted their target price on shares of Meta Platforms from $525.00 to $605.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Roth Capital boosted their target price on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Citizens Jmp boosted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Oppenheimer boosted their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $920.00 price target on shares of Meta Platforms in a report on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $822.41.

Meta Platforms Profile

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.