Eagle Strategies LLC Cuts Stock Holdings in Meta Platforms, Inc. $META

Eagle Strategies LLC decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,715 shares of the social networking company’s stock after selling 54 shares during the period. Eagle Strategies LLC’s holdings in Meta Platforms were worth $2,004,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Inlight Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Meta Platforms in the 1st quarter worth approximately $28,000. Evergreen Private Wealth LLC grew its position in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms in the 1st quarter worth approximately $33,000. Finally, Maseco LLP purchased a new position in shares of Meta Platforms in the 2nd quarter worth approximately $54,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $712.07 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a 50 day simple moving average of $747.80 and a two-hundred day simple moving average of $682.13. The stock has a market cap of $1.79 trillion, a price-to-earnings ratio of 25.78, a PEG ratio of 1.50 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 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 business had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. During the same period in the previous year, the business posted $5.16 EPS. The business’s quarterly 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, analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is presently 7.60%.

Insider Activity

In related news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction on Monday, August 18th. The shares were 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 in the company, valued at $64,343,464.11. The trade was a 17.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 213,717 shares of company stock valued at $164,599,932. 13.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

META has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Barclays lifted their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Sanford C. Bernstein lifted their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. DA Davidson boosted their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and an average price target 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.