322 Shares in Meta Platforms, Inc. $META Purchased by Silvia Mccoll Wealth Management LLC

Silvia Mccoll Wealth Management LLC bought a new position in Meta Platforms, Inc. (NASDAQ:META) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 322 shares of the social networking company’s stock, valued at approximately $238,000.

A number of other hedge funds also recently made changes to their positions in the company. Diligent Investors LLC lifted its position in shares of Meta Platforms by 4.3% in the second quarter. Diligent Investors LLC now owns 6,804 shares of the social networking company’s stock worth $5,022,000 after buying an additional 281 shares in the last quarter. Willner & Heller LLC raised its position in Meta Platforms by 5.6% during the second quarter. Willner & Heller LLC now owns 863 shares of the social networking company’s stock valued at $637,000 after purchasing an additional 46 shares during the period. McNaughton Wealth Management LLC lifted its stake in shares of Meta Platforms by 5.2% in the 2nd quarter. McNaughton Wealth Management LLC now owns 2,377 shares of the social networking company’s stock valued at $1,754,000 after purchasing an additional 118 shares during the last quarter. Penobscot Investment Management Company Inc. boosted its holdings in shares of Meta Platforms by 5.8% in the 2nd quarter. Penobscot Investment Management Company Inc. now owns 16,196 shares of the social networking company’s stock worth $11,954,000 after purchasing an additional 887 shares during the period. Finally, Elevate Capital Advisors LLC increased its position in shares of Meta Platforms by 30.8% during the 2nd quarter. Elevate Capital Advisors LLC now owns 5,711 shares of the social networking company’s stock valued at $4,215,000 after purchasing an additional 1,345 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, October 6th. The stock was sold at an average price of $704.81, for a total value of $364,386.77. Following the transaction, the chief operating officer directly owned 9,509 shares in the company, valued at approximately $6,702,038.29. This trade represents a 5.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction on Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the transaction, the director owned 8,412 shares in the company, valued at $6,371,837.64. This represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,182 shares of company stock valued at $164,946,219. 13.61% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

META has been the subject of a number of analyst reports. Sanford C. Bernstein raised their price target on Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. TD Cowen boosted their price objective on shares of Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Zacks Research cut shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Benchmark boosted their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, Monness Crespi & Hardt boosted their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Stock Down 3.8%

Shares of NASDAQ:META opened at $705.30 on Friday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The stock has a market cap of $1.77 trillion, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 1.47 and a beta of 1.20. The business’s 50 day moving average is $752.20 and its 200 day moving average is $679.24. 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 (NASDAQ:META) last announced 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. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same quarter in the prior year, the firm earned $5.16 earnings per share. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

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.