Ameriflex Group Inc. Cuts Stock Holdings in Meta Platforms, Inc. $META

Ameriflex Group Inc. reduced its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,088 shares of the social networking company’s stock after selling 193 shares during the period. Meta Platforms makes up approximately 1.2% of Ameriflex Group Inc.’s portfolio, making the stock its 16th largest position. Ameriflex Group Inc.’s holdings in Meta Platforms were worth $2,242,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its position in Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after buying an additional 59,766,000 shares during the period. Invesco Ltd. grew its position in Meta Platforms by 2.3% during the first quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after buying an additional 400,927 shares during the period. Goldman Sachs Group Inc. grew its position in Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Meta Platforms by 4.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock valued at $7,229,553,000 after purchasing an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Meta Platforms by 2.5% in the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock valued at $5,787,329,000 after purchasing an additional 247,850 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Citizens Jmp increased their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. HSBC upgraded shares of Meta Platforms from a “hold” rating to a “buy” rating and increased their price target for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Barclays increased their price target on shares of Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Stifel Nicolaus increased their price target on shares of Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, Oppenheimer increased their price target on shares of Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” 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 issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $830.68.

Insider Buying and Selling at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the sale, the insider directly owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. 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 currently owned by insiders.

Meta Platforms Stock Performance

Shares of META stock opened at $705.30 on Friday. The company’s fifty day simple moving average is $752.20 and its 200-day simple moving average is $679.24. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.77 trillion, a PE ratio of 25.54, a P/E/G ratio of 1.47 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 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 business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the firm posted $5.16 EPS. The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.

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.