Sfm LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 91.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,620 shares of the social networking company’s stock after purchasing an additional 1,731 shares during the quarter. Meta Platforms comprises about 1.7% of Sfm LLC’s portfolio, making the stock its 15th biggest holding. Sfm LLC’s holdings in Meta Platforms were worth $2,672,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC raised its position in Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares in the last quarter. Apella Capital LLC raised its position in Meta Platforms by 40.6% in the first quarter. Apella Capital LLC now owns 3,560 shares of the social networking company’s stock worth $2,085,000 after acquiring an additional 1,028 shares in the last quarter. Matrix Trust Co raised its position in Meta Platforms by 26.4% in the first quarter. Matrix Trust Co now owns 359 shares of the social networking company’s stock worth $207,000 after acquiring an additional 75 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC raised its position in Meta Platforms by 3.1% in the first quarter. Warren Street Wealth Advisors LLC now owns 3,004 shares of the social networking company’s stock worth $1,731,000 after acquiring an additional 89 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Insiders Place Their Bets
In other news, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was 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 approximately $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock valued at $164,955,168 in the last three months. 13.61% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Analysis on Meta Platforms
Meta Platforms Stock Up 1.4%
Shares of Meta Platforms stock opened at $727.05 on Friday. The stock has a market capitalization of $1.83 trillion, a P/E ratio of 26.32, a PEG ratio of 1.50 and a beta of 1.20. 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 50 day moving average price of $753.26 and a two-hundred day moving average price of $673.93. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.
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 (EPS) 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 analysts’ expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s revenue was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date 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 7.60%.
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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