Representative Cleo Fields (D-Louisiana) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on September 30th, the Representative disclosed that they had bought between $50,001 and $100,000 in Meta Platforms stock on September 10th. 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 Oracle (NYSE:ORCL) on 9/23/2025.
- Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
- Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
- Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
- Purchased $50,001 – $100,000 in shares of Oracle (NYSE:ORCL) on 9/17/2025.
- Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
- Purchased $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 9/17/2025.
- Purchased $15,001 – $50,000 in shares of Broadcom (NASDAQ:AVGO) on 9/17/2025.
- Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/10/2025.
Meta Platforms Stock Performance
Shares of NASDAQ:META opened at $717.34 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The business’s fifty day moving average price is $753.01 and its two-hundred day moving average price is $673.09. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The stock has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.97, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20.
Meta Platforms Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given 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, September 22nd. Meta Platforms’s dividend payout ratio is 7.60%.
Institutional Trading of Meta Platforms
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after purchasing an additional 875 shares during the period. Baker Tilly Wealth Management LLC increased its holdings in Meta Platforms by 3.4% in the first quarter. Baker Tilly Wealth Management LLC now owns 7,991 shares of the social networking company’s stock valued at $4,606,000 after purchasing an additional 266 shares during the last quarter. Worth Asset Management LLC lifted its stake in Meta Platforms by 273.0% in the first quarter. Worth Asset Management LLC now owns 3,051 shares of the social networking company’s stock valued at $1,759,000 after buying an additional 2,233 shares during the period. Finally, NBC Securities Inc. boosted its holdings in Meta Platforms by 105,800.0% during the first quarter. NBC Securities Inc. now owns 7,413 shares of the social networking company’s stock worth $4,272,000 after buying an additional 7,406 shares during the last quarter. 79.91% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
META has been the subject of several analyst reports. Wedbush lifted 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. Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Raymond James Financial lifted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 31st. Royal Bank Of Canada increased their price target on Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, UBS Group lifted their price objective on Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $830.02.
Read Our Latest Research Report on Meta Platforms
Insider Buying and Selling
In related news, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. This trade represents a 86.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 213,663 shares of company stock valued at $164,570,329 over the last 90 days. 13.61% of the stock is owned by corporate insiders.
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.
About Meta Platforms
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.
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