Meta Platforms, Inc. $META Shares Sold by Capital Insight Partners LLC

Capital Insight Partners LLC decreased its position in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 6.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,084 shares of the social networking company’s stock after selling 994 shares during the quarter. Meta Platforms comprises about 1.8% of Capital Insight Partners LLC’s investment portfolio, making the stock its 13th largest holding. Capital Insight Partners LLC’s holdings in Meta Platforms were worth $10,395,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms during the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms in the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms in the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC increased its stake in shares of Meta Platforms by 237.5% during 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. Finally, JCIC Asset Management Inc. raised its holdings in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analyst Ratings Changes

META has been the subject of a number of research reports. Hsbc Global Res raised Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $920.00 target price on shares of Meta Platforms in a research note on Wednesday, September 17th. HSBC upgraded shares of Meta Platforms from a “hold” rating to a “buy” rating and boosted their price target for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. KeyCorp upped their price target on shares of Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Finally, Roth Capital lifted their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average price target of $830.02.

Read Our Latest Analysis on META

Meta Platforms Stock Performance

META opened at $710.56 on Friday. 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 company has a market cap of $1.79 trillion, a PE ratio of 25.73, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20. The stock has a 50-day moving average of $753.21 and a 200-day moving average of $675.45. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) last posted its 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. The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates 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 for the quarter was up 21.6% on a year-over-year basis. During the same period in the previous year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research 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 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 currently 7.60%.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $748.72, for a total value of $387,088.24. Following the sale, the chief operating officer directly owned 10,026 shares of the company’s stock, valued at approximately $7,506,666.72. This trade represents a 4.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $741.50, for a total value of $384,838.50. Following the transaction, the insider directly owned 29,832 shares of the company’s stock, valued at $22,120,428. This represents a 1.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock worth $164,955,168 over the last ninety days. Company insiders own 13.61% of the company’s stock.

Meta Platforms Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:METAFree Report).

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.