Tiller Private Wealth Inc. Sells 202 Shares of Meta Platforms, Inc. $META

Tiller Private Wealth Inc. reduced its holdings in Meta Platforms, Inc. (NASDAQ:META) by 16.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,033 shares of the social networking company’s stock after selling 202 shares during the quarter. Meta Platforms comprises 0.3% of Tiller Private Wealth Inc.’s investment portfolio, making the stock its 19th largest position. Tiller Private Wealth Inc.’s holdings in Meta Platforms were worth $763,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in META. Brighton Jones LLC lifted its stake in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares during the period. Apella Capital LLC lifted its stake in shares of Meta Platforms by 40.6% in the 1st quarter. Apella Capital LLC now owns 3,560 shares of the social networking company’s stock valued at $2,085,000 after purchasing an additional 1,028 shares during the period. Matrix Trust Co lifted its stake in shares of Meta Platforms by 26.4% in the 1st quarter. Matrix Trust Co now owns 359 shares of the social networking company’s stock valued at $207,000 after purchasing an additional 75 shares during the period. Finally, Warren Street Wealth Advisors LLC lifted its stake in shares of Meta Platforms by 3.1% in the 1st quarter. Warren Street Wealth Advisors LLC now owns 3,004 shares of the social networking company’s stock valued at $1,731,000 after purchasing an additional 89 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, September 29th. The stock was sold at an average price of $748.72, for a total value of $387,088.24. Following the completion of the sale, the chief operating officer owned 10,026 shares of the company’s stock, valued at $7,506,666.72. The trade was a 4.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $741.50, for a total value of $384,838.50. Following the completion of the sale, the insider directly owned 29,832 shares of the company’s stock, valued at $22,120,428. The trade was a 1.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock valued at $164,955,168 over the last 90 days. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Up 1.4%

META stock opened at $727.05 on Friday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The business has a fifty day moving average price of $753.26 and a 200-day moving average price 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. The stock has a market capitalization of $1.83 trillion, a P/E ratio of 26.32, a P/E/G ratio of 1.50 and a beta of 1.20.

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

Meta Platforms Dividend Announcement

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

Wall Street Analysts Forecast Growth

META has been the subject of a number of research analyst reports. Piper Sandler raised their target price on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Morgan Stanley raised their target price on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Robert W. Baird raised their target price on Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a research note on Wednesday, July 2nd. Oppenheimer raised their target price on Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, Raymond James Financial lifted their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research note 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 issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $830.02.

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.