Archford Capital Strategies LLC Cuts Stake in Meta Platforms, Inc. $META

Archford Capital Strategies LLC reduced its stake in Meta Platforms, Inc. (NASDAQ:META) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,168 shares of the social networking company’s stock after selling 21 shares during the period. Archford Capital Strategies LLC’s holdings in Meta Platforms were worth $862,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Meta Platforms by 1.7% during the fourth 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 in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Meta Platforms by 10.2% during the fourth 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 in the last quarter. Permanent Capital Management LP lifted its holdings in shares of Meta Platforms by 4.9% during the first quarter. Permanent Capital Management LP now owns 1,891 shares of the social networking company’s stock valued at $1,090,000 after purchasing an additional 89 shares in the last quarter. Procyon Advisors LLC lifted its holdings in shares of Meta Platforms by 10.1% during the first quarter. Procyon Advisors LLC now owns 56,338 shares of the social networking company’s stock valued at $32,471,000 after purchasing an additional 5,154 shares in the last quarter. Finally, Prospect Financial Services LLC lifted its holdings in Meta Platforms by 0.7% in the first quarter. Prospect Financial Services LLC now owns 5,895 shares of the social networking company’s stock valued at $3,397,000 after acquiring an additional 39 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Price Performance

Shares of META stock opened at $710.56 on Friday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market capitalization of $1.79 trillion, a P/E ratio of 25.73, a P/E/G ratio of 1.48 and a beta of 1.20. The stock has a 50 day moving average price of $753.21 and a 200 day moving average price of $675.45.

Meta Platforms (NASDAQ:META) last issued its quarterly 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. 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 analyst estimates of $44.55 billion. During the same period last year, the company earned $5.16 EPS. Meta Platforms’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given 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 yield of 0.3%. Meta Platforms’s payout ratio is 7.60%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on META shares. Truist Financial set a $880.00 target price on Meta Platforms in a report on Thursday, September 18th. Wedbush raised their price objective on Meta Platforms from $750.00 to $920.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Pivotal Research raised their price objective on Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Hsbc Global Res raised Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Finally, Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $830.02.

Insider Buying and Selling at Meta Platforms

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

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.