Meta Platforms, Inc. $META Shares Sold by LifeGuide Financial Advisors LLC

LifeGuide Financial Advisors LLC cut its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 11.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 415 shares of the social networking company’s stock after selling 54 shares during the period. LifeGuide Financial Advisors LLC’s holdings in Meta Platforms were worth $306,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Eagle Bluffs Wealth Management LLC increased its position in shares of Meta Platforms by 0.7% in the second quarter. Eagle Bluffs Wealth Management LLC now owns 4,087 shares of the social networking company’s stock worth $3,017,000 after acquiring an additional 30 shares in the last quarter. Robbins Farley increased its position in shares of Meta Platforms by 9.9% in the second quarter. Robbins Farley now owns 7,344 shares of the social networking company’s stock worth $5,421,000 after acquiring an additional 660 shares in the last quarter. Mainsail Financial Group LLC purchased a new position in shares of Meta Platforms in the second quarter worth approximately $242,000. Bluesphere Advisors LLC increased its position in shares of Meta Platforms by 5.5% in the second quarter. Bluesphere Advisors LLC now owns 2,101 shares of the social networking company’s stock worth $1,551,000 after acquiring an additional 110 shares in the last quarter. Finally, Hamilton Capital Partners LLC increased its position in shares of Meta Platforms by 6.3% in the second quarter. Hamilton Capital Partners LLC now owns 24,760 shares of the social networking company’s stock worth $18,275,000 after acquiring an additional 1,473 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

META stock opened at $715.66 on Tuesday. The firm has a 50 day moving average of $753.17 and a two-hundred day moving average of $676.91. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.91, a P/E/G ratio of 1.48 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data 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 business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the business earned $5.16 EPS. Meta Platforms’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently disclosed 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 dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is presently 7.60%.

Analysts Set New Price Targets

META has been the topic of several analyst reports. Royal Bank Of Canada lifted their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. 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. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and lifted their target price for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Loop Capital reissued a “buy” rating and issued a $980.00 target price (up from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a research report on Saturday, September 27th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Meta Platforms 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 Meta Platforms 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 completion of the sale, the chief operating officer owned 10,026 shares of the company’s stock, valued at approximately $7,506,666.72. The trade was a 4.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total transaction of $384,838.50. Following the completion of the sale, the insider directly owned 29,832 shares of the company’s stock, valued at approximately $22,120,428. The trade was a 1.71% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 213,146 shares of company stock valued at $164,209,720. Insiders own 13.61% of the company’s stock.

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.