Wealth Management Nebraska Sells 49 Shares of Meta Platforms, Inc. $META

Wealth Management Nebraska lessened its stake in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 5.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 883 shares of the social networking company’s stock after selling 49 shares during the quarter. Wealth Management Nebraska’s holdings in Meta Platforms were worth $648,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms during the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms during the 1st quarter valued at approximately $28,000. Evergreen Private Wealth LLC boosted its stake in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms during the 1st quarter valued at approximately $33,000. Finally, Maseco LLP bought a new stake in Meta Platforms during the 2nd quarter valued at approximately $54,000. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In other news, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the completion of the transaction, the insider directly 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 disclosure for this sale can be found here. In the last quarter, insiders sold 213,198 shares of company stock valued at $164,232,558. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Trading Up 1.3%

Shares of Meta Platforms stock opened at $717.55 on Thursday. The firm has a market capitalization of $1.80 trillion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20. 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 company’s fifty day moving average price is $748.80 and its two-hundred day moving average price is $681.19. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) 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 the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the firm posted $5.16 EPS. The business’s revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 is presently 7.60%.

Analyst Upgrades and Downgrades

META has been the subject of several recent analyst reports. Barclays increased their target price on Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Royal Bank Of Canada increased their target price on Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Citizens Jmp increased their target price on Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of Meta Platforms in a research note on Wednesday, October 8th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $920.00 target price on shares of Meta Platforms in a research note on Wednesday, September 17th. 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 MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $830.68.

View Our Latest Report on Meta Platforms

Meta Platforms Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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