Gutierrez Wealth Advisory LLC Sells 161 Shares of Meta Platforms, Inc. $META

Gutierrez Wealth Advisory LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,355 shares of the social networking company’s stock after selling 161 shares during the period. Meta Platforms comprises 2.2% of Gutierrez Wealth Advisory LLC’s investment portfolio, making the stock its 16th biggest position. Gutierrez Wealth Advisory LLC’s holdings in Meta Platforms were worth $3,214,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of META. Brighton Jones LLC grew its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares during the period. GAMMA Investing LLC grew its position in shares of Meta Platforms by 16.7% during the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock valued at $23,453,000 after acquiring an additional 5,829 shares during the period. Thomasville National Bank grew its position in shares of Meta Platforms by 1.0% during the 1st quarter. Thomasville National Bank now owns 39,704 shares of the social networking company’s stock valued at $22,884,000 after acquiring an additional 407 shares during the period. Finally, RFG Holdings Inc. grew its position in shares of Meta Platforms by 12.3% during the 1st quarter. RFG Holdings Inc. now owns 2,389 shares of the social networking company’s stock valued at $1,378,000 after acquiring an additional 262 shares during the period. 79.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Oppenheimer raised their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. JMP Securities raised their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. BMO Capital Markets raised their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a report on Thursday, July 31st. Roth Capital raised their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Finally, Scotiabank raised their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. 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 company’s stock. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, October 6th. The shares were sold at an average price of $704.81, for a total transaction of $364,386.77. Following the completion of the sale, the chief operating officer directly owned 9,509 shares of the company’s stock, valued at approximately $6,702,038.29. The trade was a 5.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total transaction of $372,112.62. Following the sale, the insider directly owned 29,313 shares of the company’s stock, valued at $21,016,834.74. This represents a 1.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 214,182 shares of company stock valued at $164,946,219. Insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ META opened at $705.30 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year 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 stock has a market capitalization of $1.77 trillion, a PE ratio of 25.54, a P/E/G ratio of 1.47 and a beta of 1.20. The company’s 50 day simple moving average is $752.20 and its two-hundred day simple moving average is $679.24.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $44.55 billion. During the same period in the previous year, the firm posted $5.16 EPS. The firm’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued 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 of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is currently 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.