Meta Platforms, Inc. $META Shares Acquired by Three Bridge Wealth Advisors LLC

Three Bridge Wealth Advisors LLC lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 4.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,590 shares of the social networking company’s stock after buying an additional 1,769 shares during the quarter. Meta Platforms comprises approximately 7.7% of Three Bridge Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. Three Bridge Wealth Advisors LLC’s holdings in Meta Platforms were worth $29,221,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted 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 worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Meta Platforms by 16.7% during the first quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock worth $23,453,000 after buying an additional 5,829 shares during the last quarter. CRA Financial Services LLC lifted its holdings in shares of Meta Platforms by 2.5% during the first quarter. CRA Financial Services LLC now owns 14,205 shares of the social networking company’s stock worth $8,187,000 after buying an additional 344 shares during the last quarter. Finally, Dover Advisors LLC lifted its holdings in shares of Meta Platforms by 132.8% during the first quarter. Dover Advisors LLC now owns 1,283 shares of the social networking company’s stock worth $739,000 after buying an additional 732 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was 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 $6,702,038.29. This trade represents a 5.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s 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 sale, the director directly owned 8,412 shares of the company’s stock, 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. Over the last 90 days, insiders sold 212,681 shares of company stock valued at $163,863,761. Corporate insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. UBS Group upped their target price on shares of Meta Platforms from $897.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday. Bank of America upped their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. KeyCorp upped their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Needham & Company LLC raised Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Finally, BMO Capital Markets upped their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a report 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 issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Trading Up 1.5%

Shares of META opened at $715.70 on Tuesday. 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 stock has a 50 day simple moving average of $750.98 and a 200-day simple moving average of $680.75. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The stock 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 (NASDAQ:META) last released 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 firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period in the prior year, the company posted $5.16 earnings per share. 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. On average, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company 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. The ex-dividend date 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 7.60%.

About Meta Platforms

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.