Meta Platforms, Inc. $META Shares Acquired by Phraction Management LLC

Phraction Management LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 17.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,823 shares of the social networking company’s stock after acquiring an additional 420 shares during the period. Phraction Management LLC’s holdings in Meta Platforms were worth $2,084,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of META. Csenge Advisory Group boosted its stake in Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after buying an additional 1,019 shares during the period. ARQ Wealth Advisors LLC lifted its holdings in shares of Meta Platforms by 4.5% in the 1st 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 during the last quarter. JMG Financial Group Ltd. acquired a new position in shares of Meta Platforms in the 1st quarter worth approximately $284,000. Infusive Asset Management Inc. increased its holdings in Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after purchasing an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC increased its holdings in Meta Platforms by 2.7% in the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after purchasing an additional 109 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $705.30 on Friday. The business has a fifty day moving average of $752.20 and a two-hundred day moving average of $678.77. 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 cap of $1.77 trillion, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.75 by $1.39. The firm 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 was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 dividend payout ratio is currently 7.60%.

Insider Activity at Meta Platforms

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction dated 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 owned 1,799 shares of the company’s stock, valued at $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 214,182 shares of company stock worth $164,946,219. 13.61% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on META. UBS Group raised their target price on Meta Platforms from $897.00 to $900.00 and gave the company a “buy” rating in a report on Thursday. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. Robert W. Baird upped their target price on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. Raymond James Financial boosted their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 31st. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $920.00 price target on shares of Meta Platforms in a research note on Wednesday, September 17th. 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 data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $830.68.

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.