Meta Platforms, Inc. $META Shares Acquired by Lockerman Financial Group Inc.

Lockerman Financial Group Inc. lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 33.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,175 shares of the social networking company’s stock after purchasing an additional 293 shares during the quarter. Meta Platforms comprises about 1.2% of Lockerman Financial Group Inc.’s investment portfolio, making the stock its 19th largest position. Lockerman Financial Group Inc.’s holdings in Meta Platforms were worth $867,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in META. Brighton Jones LLC raised its stake in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the last quarter. Clean Yield Group raised its position in Meta Platforms by 100.0% during the first quarter. Clean Yield Group now owns 108 shares of the social networking company’s stock worth $62,000 after acquiring an additional 54 shares during the last quarter. City Center Advisors LLC acquired a new position in Meta Platforms during the first quarter worth about $266,000. Finally, Griffith & Werner Inc. raised its position in Meta Platforms by 4.4% during the first quarter. Griffith & Werner Inc. now owns 9,867 shares of the social networking company’s stock worth $5,687,000 after acquiring an additional 416 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction on Monday, August 4th. The stock was sold at an average price of $769.38, for a total value of $12,192,364.86. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 213,146 shares of company stock valued at $164,209,720. 13.61% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on META. Citizens Jmp lifted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Barclays lifted their target price on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Piper Sandler increased their price objective on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Wells Fargo & Company increased their price objective on Meta Platforms from $783.00 to $811.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Finally, Truist Financial set a $880.00 price objective on Meta Platforms in a research note on Thursday, September 18th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $830.02.

Meta Platforms Stock Performance

Meta Platforms stock opened at $715.66 on Tuesday. The firm has a market capitalization of $1.80 trillion, a P/E ratio of 25.91, a PEG ratio of 1.48 and a beta of 1.20. The stock has a fifty day moving average price of $753.17 and a 200 day moving average price of $676.91. 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.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating 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 business’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

About Meta Platforms

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.