GraniteShares Advisors LLC Sells 544 Shares of Meta Platforms, Inc. $META

GraniteShares Advisors LLC lessened its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 9.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,306 shares of the social networking company’s stock after selling 544 shares during the period. Meta Platforms comprises 2.4% of GraniteShares Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. GraniteShares Advisors LLC’s holdings in Meta Platforms were worth $3,916,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Inlight Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms during the first quarter worth approximately $28,000. Evergreen Private Wealth LLC boosted its position in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the first quarter worth $33,000. Finally, Maseco LLP bought a new position in Meta Platforms in the second quarter worth $54,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $710.56 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.79 trillion, a PE ratio of 25.73, a P/E/G ratio of 1.52 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock has a 50-day moving average price of $753.21 and a two-hundred day moving average price of $674.82.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data 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. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same period last year, the company earned $5.16 earnings per share. The firm’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 7.60%.

Insider Buying and Selling

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction 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 completion of the sale, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock worth $164,955,168 in the last ninety days. Corporate insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on META shares. Morgan Stanley increased their price objective on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. KeyCorp raised their target price on Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Wedbush raised their target price on Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. UBS Group raised their target price on Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Loop Capital restated a “buy” rating and issued a $980.00 target price (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price of $830.02.

Meta Platforms Company 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.