AMI Investment Management Inc. Trims Stock Holdings in Meta Platforms, Inc. $META

AMI Investment Management Inc. lowered its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,894 shares of the social networking company’s stock after selling 167 shares during the period. Meta Platforms comprises 1.7% of AMI Investment Management Inc.’s portfolio, making the stock its 16th largest position. AMI Investment Management Inc.’s holdings in Meta Platforms were worth $6,565,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Maryland State Retirement & Pension System boosted its holdings in Meta Platforms by 3.1% in the second quarter. Maryland State Retirement & Pension System now owns 105,824 shares of the social networking company’s stock valued at $78,108,000 after purchasing an additional 3,154 shares during the last quarter. Optas LLC lifted its holdings in Meta Platforms by 132.0% during the 2nd quarter. Optas LLC now owns 22,106 shares of the social networking company’s stock worth $16,316,000 after buying an additional 12,578 shares during the last quarter. Aurora Investment Managers LLC. bought a new position in Meta Platforms during the 2nd quarter worth approximately $12,467,000. Sitrin Capital Management LLC lifted its holdings in Meta Platforms by 5.5% during the 2nd quarter. Sitrin Capital Management LLC now owns 11,453 shares of the social networking company’s stock worth $8,453,000 after buying an additional 602 shares during the last quarter. Finally, First Merchants Corp lifted its holdings in Meta Platforms by 7.8% during the 2nd quarter. First Merchants Corp now owns 18,574 shares of the social networking company’s stock worth $13,709,000 after buying an additional 1,337 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 0.7%

META opened at $716.91 on Friday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. 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 stock has a market cap of $1.80 trillion, a P/E ratio of 25.96, a P/E/G ratio of 1.49 and a beta of 1.20. The stock’s 50 day moving average price is $746.75 and its 200 day moving average price is $683.03.

Meta Platforms (NASDAQ:META) last posted its earnings results 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 return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same period last year, the firm earned $5.16 EPS. The firm’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 company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Wall Street Analyst Weigh In

META has been the topic of a number of research analyst reports. DA Davidson increased their target price on Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Loop Capital reaffirmed a “buy” rating and set a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $920.00 target price on shares of Meta Platforms in a report on Thursday. Barclays increased their target price on Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Pivotal Research increased their target price on Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

Insider Transactions at Meta Platforms

In other news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the transaction, the insider directly owned 237,205 shares in the company, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the transaction, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 214,182 shares of company stock valued at $164,933,323 in the last quarter. Company insiders own 13.61% of the company’s stock.

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.