High Note Wealth LLC Has $970,000 Stock Position in Meta Platforms, Inc. $META

High Note Wealth LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,314 shares of the social networking company’s stock after purchasing an additional 54 shares during the period. High Note Wealth LLC’s holdings in Meta Platforms were worth $970,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in 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 valued at $5,537,000 after buying an additional 875 shares in the last quarter. GAMMA Investing LLC raised its holdings in Meta Platforms by 16.7% during the first quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock valued at $23,453,000 after buying an additional 5,829 shares in the last quarter. Adero Partners LLC raised its holdings in Meta Platforms by 3.3% during the first quarter. Adero Partners LLC now owns 21,080 shares of the social networking company’s stock valued at $12,150,000 after buying an additional 673 shares in the last quarter. Finally, Great Lakes Retirement Inc. raised its holdings in Meta Platforms by 2.6% during the first quarter. Great Lakes Retirement Inc. now owns 9,058 shares of the social networking company’s stock valued at $5,220,000 after buying an additional 232 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Activity

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction on Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the transaction, the director owned 8,412 shares in the company, valued at approximately $6,371,837.64. The trade was a 5.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, October 13th. The shares were sold at an average price of $713.34, for a total value of $368,796.78. Following the completion of the transaction, the chief operating officer owned 8,992 shares of the company’s stock, valued at approximately $6,414,353.28. The trade was a 5.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 213,198 shares of company stock worth $164,232,558. Company insiders own 13.61% of the company’s stock.

Meta Platforms Trading Up 1.3%

Shares of META opened at $717.55 on Thursday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.98, a P/E/G ratio of 1.48 and a beta of 1.20. The stock’s 50-day moving average price is $748.80 and its 200 day moving average price is $681.19. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating 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 company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same period in the prior year, the company posted $5.16 EPS. The company’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current 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 paid a $0.525 dividend. This represents a $2.10 annualized dividend 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%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Roth Capital raised their target price on Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Oppenheimer lifted their price objective on Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Citizens Jmp lifted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Bank of America lifted their price objective on Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a research note on Wednesday, October 8th. Four investment 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. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $830.68.

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.