Meta Platforms, Inc. $META Shares Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 6,370 shares of the social networking company’s stock after buying an additional 179 shares during the period. Meta Platforms comprises about 1.2% of Fairvoy Private Wealth LLC’s portfolio, making the stock its 24th largest holding. Fairvoy Private Wealth LLC’s holdings in Meta Platforms were worth $4,701,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of META. Jackson Wealth Management LLC boosted its position in Meta Platforms by 55.2% in the 2nd quarter. Jackson Wealth Management LLC now owns 18,433 shares of the social networking company’s stock worth $13,605,000 after purchasing an additional 6,554 shares in the last quarter. Franklin Street Advisors Inc. NC lifted its stake in shares of Meta Platforms by 1.0% in the 2nd quarter. Franklin Street Advisors Inc. NC now owns 83,382 shares of the social networking company’s stock valued at $61,543,000 after purchasing an additional 861 shares during the period. Curran Financial Partners LLC lifted its stake in shares of Meta Platforms by 40.2% in the 2nd quarter. Curran Financial Partners LLC now owns 1,452 shares of the social networking company’s stock valued at $1,072,000 after purchasing an additional 416 shares during the period. Stock Yards Bank & Trust Co. increased its holdings in Meta Platforms by 30.9% in the second quarter. Stock Yards Bank & Trust Co. now owns 49,600 shares of the social networking company’s stock valued at $36,609,000 after buying an additional 11,721 shares in the last quarter. Finally, Montz Harcus Wealth Management LLC increased its holdings in Meta Platforms by 0.8% in the second quarter. Montz Harcus Wealth Management LLC now owns 4,712 shares of the social networking company’s stock valued at $3,478,000 after buying an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction that occurred 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 Securities & Exchange Commission, which is available at this link. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the sale, the insider owned 237,205 shares of the company’s stock, valued at $184,059,219.75. This trade represents a 20.19% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 214,182 shares of company stock worth $164,946,219. 13.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. JMP Securities upped their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Oppenheimer upped their target price on Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and boosted their price target for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Finally, Stifel Nicolaus boosted their price target on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $830.68.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $705.30 on Friday. The stock has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 25.54, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The business has a 50-day moving average of $752.20 and a 200 day moving average of $678.77.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The business had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter 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, sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) 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.