Victrix Investment Advisors Acquires 295 Shares of Meta Platforms, Inc. $META

Victrix Investment Advisors raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,579 shares of the social networking company’s stock after buying an additional 295 shares during the period. Meta Platforms comprises 1.8% of Victrix Investment Advisors’ portfolio, making the stock its 20th largest holding. Victrix Investment Advisors’ holdings in Meta Platforms were worth $4,118,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Pachira Investments Inc. increased its holdings in Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after acquiring an additional 14 shares in the last quarter. Shelton Wealth Management LLC boosted its position in shares of Meta Platforms by 0.9% in the second quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock worth $1,302,000 after purchasing an additional 15 shares during the period. Myecfo LLC increased its stake in shares of Meta Platforms by 2.0% in the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after purchasing an additional 15 shares in the last quarter. Kooman & Associates raised its position in shares of Meta Platforms by 2.8% during the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock valued at $402,000 after purchasing an additional 15 shares during the period. Finally, Cedar Point Capital Partners LLC raised its position in shares of Meta Platforms by 2.2% during the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company’s stock valued at $433,000 after purchasing an additional 16 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Activity

In other news, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares in the company, valued at approximately $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the sale, the insider directly owned 237,205 shares of the company’s stock, valued at $184,059,219.75. This represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 213,146 shares of company stock valued at $164,209,720. 13.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Roth Capital increased their price target on Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Stifel Nicolaus upped their price objective on Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Barclays lifted their target price on Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Truist Financial set a $880.00 price target on Meta Platforms in a report on Thursday, September 18th. Finally, Wells Fargo & Company increased their price objective on shares of Meta Platforms from $811.00 to $837.00 and gave the company an “overweight” rating in a report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $830.61.

Meta Platforms Trading Down 0.4%

Shares of META stock opened at $713.08 on Wednesday. The company has a market cap of $1.79 trillion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 1.49 and a beta of 1.20. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The stock’s 50 day simple moving average is $753.44 and its two-hundred day simple moving average is $677.16. 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 (NASDAQ:META) last released its earnings results 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. The firm had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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