111 Capital Has $6.43 Million Position in Meta Platforms, Inc. $META

111 Capital reduced its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 47.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,711 shares of the social networking company’s stock after selling 7,734 shares during the period. Meta Platforms comprises about 1.1% of 111 Capital’s investment portfolio, making the stock its 12th biggest position. 111 Capital’s holdings in Meta Platforms were worth $6,430,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new position in Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms in the first quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the first quarter worth $33,000. Evergreen Private Wealth LLC increased its position in shares of Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares in the last quarter. Finally, JCIC Asset Management Inc. increased its position in shares of Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after acquiring an additional 40 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Down 3.8%

Meta Platforms stock opened at $705.30 on Friday. 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, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm’s fifty day moving average is $752.20 and its 200 day moving average is $679.24. The company has a market capitalization of $1.77 trillion, a PE ratio of 25.54, a PEG ratio of 1.47 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the previous year, the company 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, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a dividend of $0.525 per share. 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 payout ratio is presently 7.60%.

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares in the company, valued at $64,343,464.11. The trade was a 17.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the company’s stock in a transaction on 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 transaction, the insider owned 237,205 shares in the company, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,946,219 over the last quarter. 13.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Raymond James Financial increased their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 31st. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the stock an “outperform” rating in a research report on Monday, September 29th. Wells Fargo & Company raised their target price on shares of Meta Platforms from $811.00 to $837.00 and gave the company an “overweight” rating in a report on Tuesday. DA Davidson raised their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada lifted their price target on shares of Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Four equities research 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Company 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.