Clear Point Advisors Inc. Has $608,000 Stock Holdings in Meta Platforms, Inc. $META

Clear Point Advisors Inc. grew its stake in Meta Platforms, Inc. (NASDAQ:META) by 4.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 823 shares of the social networking company’s stock after purchasing an additional 36 shares during the quarter. Clear Point Advisors Inc.’s holdings in Meta Platforms were worth $608,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. XY Planning Network Inc. acquired a new position in shares of Meta Platforms in the 2nd quarter valued at $335,000. BayBridge Capital Group LLC lifted its stake in shares of Meta Platforms by 2.7% in the 2nd quarter. BayBridge Capital Group LLC now owns 2,704 shares of the social networking company’s stock valued at $1,996,000 after purchasing an additional 71 shares during the period. RBA Wealth Management LLC lifted its stake in shares of Meta Platforms by 3.4% in the 2nd quarter. RBA Wealth Management LLC now owns 9,448 shares of the social networking company’s stock valued at $6,973,000 after purchasing an additional 307 shares during the period. SC&H Financial Advisors Inc. lifted its stake in shares of Meta Platforms by 4.1% in the 2nd quarter. SC&H Financial Advisors Inc. now owns 1,953 shares of the social networking company’s stock valued at $1,442,000 after purchasing an additional 77 shares during the period. Finally, Hengehold Capital Management LLC lifted its stake in shares of Meta Platforms by 12.1% in the 2nd quarter. Hengehold Capital Management LLC now owns 1,420 shares of the social networking company’s stock valued at $1,048,000 after purchasing an additional 153 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction dated 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 214,182 shares of company stock worth $164,955,168 over the last 90 days. 13.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on META. Mizuho set a $925.00 price target on Meta Platforms and gave the company an “outperform” rating in a research note on Monday. UBS Group upped their price objective on shares of Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Citigroup restated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 31st. Wedbush upped their price objective on shares of Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Finally, Monness Crespi & Hardt upped their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average target price of $830.02.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $727.05 on Friday. The stock has a market capitalization of $1.83 trillion, a price-to-earnings ratio of 26.32, a PEG ratio of 1.50 and a beta of 1.20. The business has a 50-day moving average of $753.26 and a 200-day moving average of $673.93. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

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

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

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.