KRS Capital Management LLC Trims Position in Meta Platforms, Inc. $META

KRS Capital Management LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,568 shares of the social networking company’s stock after selling 300 shares during the quarter. Meta Platforms accounts for approximately 2.7% of KRS Capital Management LLC’s portfolio, making the stock its 6th largest holding. KRS Capital Management LLC’s holdings in Meta Platforms were worth $4,110,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of META. Kingstone Capital Partners Texas LLC grew its stake in shares of Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. Nuveen LLC bought a new stake in shares of Meta Platforms in the first quarter worth about $2,990,544,000. Amundi grew its stake in shares of Meta Platforms by 23.5% in the first quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock worth $4,111,050,000 after purchasing an additional 1,470,070 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares during the last quarter. Finally, Strs Ohio bought a new stake in shares of Meta Platforms in the first quarter worth about $571,086,000. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction that occurred 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 transaction, the chief technology officer 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 valued at $164,933,323 over the last ninety days. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

META has been the topic of several recent analyst reports. Benchmark raised their target price on Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Morgan Stanley raised their target price on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Piper Sandler raised their target price on Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. UBS Group raised their target price on Meta Platforms from $897.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Finally, KeyCorp raised their target price on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and an average price target of $830.68.

Meta Platforms Price Performance

META stock opened at $716.91 on Friday. The firm has a 50 day moving average price of $746.75 and a 200-day moving average price of $683.72. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. 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. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97.

Meta Platforms (NASDAQ:META) last released its 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 during the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the business 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 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Meta Platforms 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.