Keystone Global Partners LLC Buys 286 Shares of Meta Platforms, Inc. $META

Keystone Global Partners LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 264.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 394 shares of the social networking company’s stock after buying an additional 286 shares during the period. Keystone Global Partners LLC’s holdings in Meta Platforms were worth $291,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Inlight Wealth Management LLC bought a new position in Meta Platforms in the 1st quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Meta Platforms in the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms in the 1st quarter worth approximately $33,000. Evergreen Private Wealth LLC lifted its stake in Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares in the last quarter. Finally, JCIC Asset Management Inc. lifted its stake in Meta Platforms by 102.6% in the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after purchasing an additional 40 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $757.47, for a total transaction of $352,223.55. Following the sale, the director owned 8,412 shares of the company’s stock, valued at approximately $6,371,837.64. The trade was a 5.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $748.72, for a total transaction of $387,088.24. Following the sale, the chief operating officer directly owned 10,026 shares in the company, valued at $7,506,666.72. The trade was a 4.90% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,182 shares of company stock valued at $164,955,168. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Trading Up 1.4%

Shares of META opened at $727.05 on Friday. The firm’s 50-day moving average price is $753.26 and its 200-day moving average price is $673.93. The firm 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 company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last announced 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 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 quarter in the previous year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on META. Barclays increased their target price on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Wells Fargo & Company lifted their price objective on shares of Meta Platforms from $783.00 to $811.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. BMO Capital Markets lifted their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a report on Thursday, July 31st. Stifel Nicolaus lifted their price objective on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $920.00 price objective on shares of Meta Platforms in a report on Wednesday, September 17th. Four equities 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 company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $830.02.

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.