Meta Platforms, Inc. $META is CWA Asset Management Group LLC’s 7th Largest Position

CWA Asset Management Group LLC grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,996 shares of the social networking company’s stock after buying an additional 1,416 shares during the quarter. Meta Platforms accounts for 1.7% of CWA Asset Management Group LLC’s portfolio, making the stock its 7th largest position. CWA Asset Management Group LLC’s holdings in Meta Platforms were worth $39,116,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Csenge Advisory Group grew its stake in Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after buying an additional 1,019 shares during the period. ARQ Wealth Advisors LLC grew its stake in Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after buying an additional 34 shares during the period. JMG Financial Group Ltd. purchased a new stake in Meta Platforms during the first quarter worth approximately $284,000. Infusive Asset Management Inc. lifted its position in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC lifted its position in shares of Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after purchasing an additional 109 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Meta Platforms

In other 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 transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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. Over the last quarter, insiders have sold 214,182 shares of company stock worth $164,955,168. 13.61% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on META. Roth Capital boosted their target price on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Citizens Jmp boosted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. UBS Group boosted their target price on shares of Meta Platforms from $812.00 to $897.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Morgan Stanley boosted their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, TD Cowen boosted their target price on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $830.02.

Meta Platforms Stock Performance

Shares of META opened at $710.56 on Friday. The firm has a 50-day moving average price of $753.21 and a 200 day moving average price of $674.82. The firm 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. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week 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 (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion during 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%. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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