Bear Mountain Capital Inc. Reduces Stock Holdings in Meta Platforms, Inc. $META

Bear Mountain Capital Inc. decreased its position in Meta Platforms, Inc. (NASDAQ:META) by 27.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 160 shares of the social networking company’s stock after selling 62 shares during the period. Bear Mountain Capital Inc.’s holdings in Meta Platforms were worth $113,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of META. Pachira Investments Inc. increased its holdings in shares of Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after purchasing an additional 14 shares during the period. Shelton Wealth Management LLC increased its holdings in shares of Meta Platforms by 0.9% in the second quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock worth $1,302,000 after purchasing an additional 15 shares during the period. Myecfo LLC increased its stake in Meta Platforms by 2.0% in the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after acquiring an additional 15 shares during the last quarter. Kooman & Associates increased its stake in Meta Platforms by 2.8% in the second quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock valued at $402,000 after acquiring an additional 15 shares during the last quarter. Finally, Nabity Jensen Investment Management Inc increased its stake in Meta Platforms by 1.1% in the second quarter. Nabity Jensen Investment Management Inc now owns 1,378 shares of the social networking company’s stock valued at $1,017,000 after acquiring an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Meta Platforms stock opened at $717.55 on Thursday. 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 firm has a 50-day moving average of $748.80 and a 200-day moving average of $681.19. The firm has a market cap of $1.80 trillion, a P/E ratio of 25.98, a P/E/G ratio of 1.48 and a beta of 1.20. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same period in the prior year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced 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 was Monday, September 22nd. Meta Platforms’s dividend payout ratio is currently 7.60%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 8,412 shares in the company, valued at $6,371,837.64. This trade represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total transaction of $372,112.62. Following the completion of the sale, the insider owned 29,313 shares of the company’s stock, valued at $21,016,834.74. This trade represents a 1.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 213,198 shares of company stock worth $164,232,558. Company insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

META has been the topic of a number of research analyst reports. Needham & Company LLC raised Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. Raymond James Financial increased their target price on Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 31st. TD Cowen increased their target price on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Loop Capital reissued a “buy” rating and issued a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Finally, KeyCorp increased their target price on Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Four 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 company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $830.68.

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.