Parkside Investments LLC Decreases Stock Holdings in Meta Platforms, Inc. $META

Parkside Investments LLC trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 50.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,000 shares of the social networking company’s stock after selling 1,000 shares during the period. Parkside Investments LLC’s holdings in Meta Platforms were worth $738,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $748.72, for a total value of $387,088.24. Following the transaction, the chief operating officer directly owned 10,026 shares of the company’s stock, valued at approximately $7,506,666.72. This trade represents a 4.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total transaction of $384,838.50. Following the sale, the insider directly owned 29,832 shares of the company’s stock, valued at $22,120,428. The trade was a 1.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 213,146 shares of company stock valued at $164,209,720 over the last 90 days. Company insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

NASDAQ META opened at $715.66 on Tuesday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a 50-day moving average of $753.17 and a 200 day moving average of $676.91. 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 capitalization of $1.80 trillion, a price-to-earnings ratio of 25.91, a PEG ratio of 1.48 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share 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 firm had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. During the same period in the previous year, the company earned $5.16 earnings per share. The firm’s quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Analyst Ratings Changes

A number of research firms have issued reports on META. Raymond James Financial increased their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 31st. Oppenheimer increased their price target on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. JMP Securities boosted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada raised their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Four 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. Based on data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus target price of $830.02.

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.