3Chopt Investment Partners LLC Lowers Position in Meta Platforms, Inc. $META

3Chopt Investment Partners LLC cut its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 11.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,751 shares of the social networking company’s stock after selling 1,332 shares during the period. Meta Platforms comprises about 1.9% of 3Chopt Investment Partners LLC’s investment portfolio, making the stock its 9th largest position. 3Chopt Investment Partners LLC’s holdings in Meta Platforms were worth $7,935,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Csenge Advisory Group increased its position in shares of Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after purchasing an additional 1,019 shares during the period. ARQ Wealth Advisors LLC boosted its stake in Meta Platforms by 4.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after buying an additional 34 shares in the last quarter. JMG Financial Group Ltd. acquired a new stake in Meta Platforms in the 1st quarter valued at $284,000. Infusive Asset Management Inc. boosted its stake in Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC boosted its stake in Meta Platforms by 2.7% in the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the company. Piper Sandler boosted their price target on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Mizuho set a $925.00 price target on Meta Platforms and gave the company an “outperform” rating in a research note on Monday, September 29th. Wells Fargo & Company boosted their price target on Meta Platforms from $811.00 to $837.00 and gave the company an “overweight” rating in a research note on Tuesday, October 7th. Hsbc Global Res raised Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Tuesday. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $830.68.

Meta Platforms Price Performance

Meta Platforms stock opened at $716.91 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market cap of $1.80 trillion, a P/E ratio of 25.96, a P/E/G ratio of 1.50 and a beta of 1.20. The business’s fifty day moving average is $746.75 and its two-hundred day moving average is $683.72. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm earned $5.16 earnings per share. The business’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is currently 7.60%.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total value of $367,374.15. Following the completion of the sale, the insider owned 28,794 shares in the company, valued at approximately $20,381,832.90. This represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction dated 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 sale, the chief operating officer owned 8,992 shares of the company’s stock, valued at $6,414,353.28. This represents a 5.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 214,182 shares of company stock worth $164,933,323. 13.61% of the stock is owned by insiders.

Meta Platforms Company 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.