Montis Financial LLC Reduces Stock Position in Meta Platforms, Inc. $META

Montis Financial LLC decreased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 8.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,024 shares of the social networking company’s stock after selling 97 shares during the quarter. Montis Financial LLC’s holdings in Meta Platforms were worth $755,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of META. Kingstone Capital Partners Texas LLC raised its position in Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after acquiring an additional 59,766,000 shares during the last quarter. Nuveen LLC purchased a new position in shares of Meta Platforms during the 1st quarter worth approximately $2,990,544,000. Assenagon Asset Management S.A. raised its position in shares of Meta Platforms by 712.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company’s stock worth $1,462,589,000 after purchasing an additional 2,225,186 shares during the last quarter. Amundi lifted its stake in Meta Platforms by 23.5% in the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock valued at $4,111,050,000 after buying an additional 1,470,070 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after buying an additional 1,255,546 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $741.50, for a total transaction of $384,838.50. Following the transaction, the insider directly owned 29,832 shares in the company, valued at $22,120,428. This trade represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction on Monday, September 15th. The stock was sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the transaction, the director directly owned 8,412 shares of the company’s stock, valued at approximately $6,371,837.64. This represents a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,955,168 over the last quarter. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Stock Performance

Meta Platforms 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 current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.79 trillion, a P/E 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 (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same period in the prior year, the company posted $5.16 earnings per share. The firm’s quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Stifel Nicolaus upped their price objective on Meta Platforms from $845.00 to $900.00 and gave the company 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 company an “overweight” rating in a research note on Thursday, July 31st. Citizens Jmp raised their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the stock an “outperform” rating in a report on Monday, September 29th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $920.00 price objective on shares of Meta Platforms in a research note on Wednesday, September 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given 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 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.