Meta Platforms (NASDAQ:META) Stock Acquired Rep. Cleo Fields

Posted by Defense World Staff on Sep 5th, 2025

Representative Cleo Fields (D-Louisiana) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $100,001 and $250,000 in Meta Platforms stock on August 13th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/22/2025.
Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/20/2025.
Purchased $15,001 – $50,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/15/2025.
Purchased $15,001 – $50,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/15/2025.
Purchased $15,001 – $50,000 in shares of Broadcom (NASDAQ:AVGO) on 8/15/2025.
Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
Purchased $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/14/2025.

Meta Platforms Stock Performance

Shares of META stock opened at $748.65 on Friday. The company has a market capitalization of $1.88 trillion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company’s 50 day moving average price is $738.01 and its two-hundred day moving average price is $659.12.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same period in the prior year, the business earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bare Financial Services Inc purchased a new position in Meta Platforms in the second quarter valued at about $30,000. 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 bought a new stake in Meta Platforms during the 1st quarter worth approximately $28,000. Evergreen Private Wealth LLC raised its position in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms during the first quarter valued at $33,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on META shares. Pivotal Research upped their target price on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Cantor Fitzgerald reissued an “overweight” rating and issued a $920.00 price target on shares of Meta Platforms in a report on Wednesday, August 13th. Wedbush increased their price target on shares of Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. HSBC upgraded shares of Meta Platforms from a “hold” rating to a “buy” rating and increased their target price for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Finally, Citizens Jmp increased their price target 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. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $822.41.

Get Our Latest Stock Analysis on META

Insider Transactions at Meta Platforms

In other news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction on 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 owned 237,205 shares of the company’s stock, valued at $184,059,219.75. This represents a 20.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the company’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. Insiders have sold 312,341 shares of company stock valued at $234,443,690 in the last quarter. Insiders own 13.61% of the company’s stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.