Duncan Williams Asset Management LLC Sells 21 Shares of Meta Platforms, Inc. $META

Duncan Williams Asset Management LLC cut its stake in Meta Platforms, Inc. (NASDAQ:META) by 2.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 784 shares of the social networking company’s stock after selling 21 shares during the quarter. Duncan Williams Asset Management LLC’s holdings in Meta Platforms were worth $579,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Meta Platforms by 16.7% in the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock worth $23,453,000 after acquiring an additional 5,829 shares in the last quarter. CRA Financial Services LLC increased its stake in shares of Meta Platforms by 2.5% in the 1st quarter. CRA Financial Services LLC now owns 14,205 shares of the social networking company’s stock worth $8,187,000 after acquiring an additional 344 shares in the last quarter. Finally, Dover Advisors LLC increased its stake in shares of Meta Platforms by 132.8% in the 1st quarter. Dover Advisors LLC now owns 1,283 shares of the social networking company’s stock worth $739,000 after acquiring an additional 732 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold 212,681 shares of company stock worth $163,863,761 over the last ninety days. Company insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Guggenheim reiterated a “buy” rating and issued a $800.00 price target (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. JMP Securities raised their price target on Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and raised their price target for the company from $610.00 to $900.00 in a report on Thursday, July 31st. Citigroup restated an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. Finally, Scotiabank raised their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Four 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 company. According to data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $830.68.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $715.70 on Tuesday. The firm’s 50-day moving average price is $750.98 and its 200-day moving average price is $680.75. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.80 trillion, a PE ratio of 25.91, a PEG ratio of 1.47 and a beta of 1.20. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly 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. The firm had revenue of $47.52 billion for 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 business’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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