Bosman Wealth Management LLC Acquires New Position in Meta Platforms, Inc. $META

Bosman Wealth Management LLC bought a new position in Meta Platforms, Inc. (NASDAQ:META) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 3,785 shares of the social networking company’s stock, valued at approximately $2,794,000. Meta Platforms makes up about 2.5% of Bosman Wealth Management LLC’s portfolio, making the stock its 18th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Inlight Wealth Management LLC purchased a new position in shares of Meta Platforms during the first quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter valued at about $28,000. Evergreen Private Wealth LLC increased its position in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms in the 1st quarter valued at about $33,000. Finally, Maseco LLP purchased a new stake in shares of Meta Platforms in the 2nd quarter worth approximately $54,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Shares of META stock opened at $715.66 on Tuesday. The business has a fifty day moving average of $753.17 and a 200 day moving average of $676.91. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.91, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $44.55 billion. During the same period last year, the business posted $5.16 earnings per share. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm 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. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is presently 7.60%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on META. Zacks Research downgraded shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Piper Sandler lifted their price target on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Robert W. Baird upped their price objective on Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. Barclays raised their price objective on Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Truist Financial set a $880.00 target price on shares of Meta Platforms in a report on Thursday, September 18th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $830.02.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, September 29th. The shares were sold at an average price of $748.72, for a total value of $387,088.24. Following the sale, the chief operating officer owned 10,026 shares in the company, valued at $7,506,666.72. This represents a 4.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 of the company’s stock, valued at approximately $22,120,428. This trade represents a 1.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 213,146 shares of company stock worth $164,209,720. Company 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.