IFP Advisors Inc Has $23.01 Million Position in Meta Platforms, Inc. $META

IFP Advisors Inc grew its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 16.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,069 shares of the social networking company’s stock after purchasing an additional 4,451 shares during the quarter. Meta Platforms makes up 0.7% of IFP Advisors Inc’s holdings, making the stock its 23rd biggest holding. IFP Advisors Inc’s holdings in Meta Platforms were worth $23,014,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in META. Csenge Advisory Group raised its position in Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after purchasing an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC increased its stake in shares of Meta Platforms by 4.5% in the first 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 during the period. JMG Financial Group Ltd. bought a new position in shares of Meta Platforms during the first quarter worth about $284,000. Infusive Asset Management Inc. lifted its stake in shares of Meta Platforms by 10.7% in the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after acquiring an additional 2,285 shares during the period. Finally, Spirepoint Private Client LLC lifted its stake in shares of Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after acquiring an additional 109 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $716.91 on Friday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock’s 50 day moving average is $746.75 and its 200-day moving average is $683.72. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.96, a PEG ratio of 1.50 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $44.55 billion. During the same quarter in the previous year, the business posted $5.16 EPS. Meta Platforms’s quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Buying and Selling

In related news, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the 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 completion of the sale, the chief technology officer directly owned 1,799 shares of the company’s stock, valued at $1,394,225. The trade was 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 worth $164,933,323 over the last 90 days. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on META. Scotiabank raised their price target on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Citizens Jmp boosted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Truist Financial set a $880.00 price target on Meta Platforms in a report on Thursday, September 18th. BMO Capital Markets boosted their price objective on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Finally, Pivotal Research raised their target price on Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

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.