Emerald Advisors LLC Sells 159 Shares of Meta Platforms, Inc. $META

Emerald Advisors LLC cut its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 17.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 747 shares of the social networking company’s stock after selling 159 shares during the quarter. Emerald Advisors LLC’s holdings in Meta Platforms were worth $552,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Csenge Advisory Group boosted its holdings in Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC boosted its holdings in Meta Platforms by 4.5% in the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after acquiring an additional 34 shares in the last quarter. JMG Financial Group Ltd. bought a new stake in Meta Platforms in the first quarter worth $284,000. Infusive Asset Management Inc. boosted its holdings in Meta Platforms by 10.7% in the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after acquiring an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC boosted its holdings in Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after acquiring an additional 109 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Stock Up 0.7%

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

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.Meta Platforms’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities 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 disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 7.60%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Wells Fargo & Company boosted their target price on Meta Platforms from $783.00 to $811.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. DA Davidson boosted their target price on Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. JMP Securities boosted their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. TD Cowen boosted their price target on Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $830.02.

Insider Activity at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of the company’s 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 owned 10,026 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total value of $384,838.50. Following the sale, the insider 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. Over the last 90 days, insiders sold 213,146 shares of company stock worth $164,209,720. 13.61% of the stock is owned by insiders.

Meta Platforms 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.