Meta Platforms, Inc. $META Stock Position Trimmed by Northwest Wealth Management LLC

Northwest Wealth Management LLC decreased its position in Meta Platforms, Inc. (NASDAQ:META) by 10.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,323 shares of the social networking company’s stock after selling 152 shares during the period. Northwest Wealth Management LLC’s holdings in Meta Platforms were worth $976,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Summit Financial Strategies Inc. increased its position in Meta Platforms by 7.0% in the 2nd quarter. Summit Financial Strategies Inc. now owns 701 shares of the social networking company’s stock valued at $518,000 after acquiring an additional 46 shares during the period. Raleigh Capital Management Inc. grew its stake in shares of Meta Platforms by 16.3% in the second quarter. Raleigh Capital Management Inc. now owns 3,504 shares of the social networking company’s stock worth $2,586,000 after purchasing an additional 492 shares in the last quarter. Asio Capital LLC increased its holdings in shares of Meta Platforms by 3.4% during the second quarter. Asio Capital LLC now owns 24,236 shares of the social networking company’s stock valued at $17,888,000 after purchasing an additional 804 shares during the period. Spartan Planning & Wealth Management raised its stake in shares of Meta Platforms by 80.1% during the second quarter. Spartan Planning & Wealth Management now owns 4,372 shares of the social networking company’s stock valued at $3,227,000 after purchasing an additional 1,945 shares in the last quarter. Finally, LexAurum Advisors LLC raised its stake in shares of Meta Platforms by 16.8% during the second quarter. LexAurum Advisors LLC now owns 2,699 shares of the social networking company’s stock valued at $1,992,000 after purchasing an additional 388 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $920.00 price target on shares of Meta Platforms in a research report on Wednesday, September 17th. Scotiabank lifted their price target on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Royal Bank Of Canada raised their target price on Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, BMO Capital Markets lifted their target price on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $830.02.

Meta Platforms Stock Performance

META opened at $710.56 on Monday. 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 $676.07. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) 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 Announces Dividend

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

Insider Activity

In related news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the transaction, the chief technology officer directly owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 213,665 shares of company stock valued at $164,584,215. 13.61% of the stock is owned by corporate insiders.

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.