Meta Platforms, Inc. $META Shares Sold by Financial Security Advisor Inc.

Financial Security Advisor Inc. lowered its stake in Meta Platforms, Inc. (NASDAQ:META) by 5.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,024 shares of the social networking company’s stock after selling 124 shares during the quarter. Financial Security Advisor Inc.’s holdings in Meta Platforms were worth $1,494,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Csenge Advisory Group raised its holdings in Meta Platforms by 12.0% during the first 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 in the last quarter. ARQ Wealth Advisors LLC increased its position in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after purchasing an additional 34 shares during the period. JMG Financial Group Ltd. bought a new stake in shares of Meta Platforms in the 1st quarter worth $284,000. Infusive Asset Management Inc. raised its stake in shares of 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 worth $13,614,000 after buying an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC lifted its holdings 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 valued at $3,011,000 after buying an additional 109 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 0.7%

Meta Platforms stock opened at $716.91 on Friday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. 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 capitalization of $1.80 trillion, a price-to-earnings ratio of 25.96, a P/E/G ratio of 1.50 and a beta of 1.20. The company has a 50 day moving average price of $746.75 and a 200 day moving average price of $683.72.

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 analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders 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 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

Insiders Place Their Bets

In other news, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the transaction, the director owned 7,947 shares in the company, valued at $5,697,760.59. This represents a 5.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total transaction of $367,374.15. Following the completion of the sale, the insider directly owned 28,794 shares of the company’s stock, valued at $20,381,832.90. This trade represents a 1.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 214,182 shares of company stock worth $164,933,323. 13.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Morgan Stanley lifted their target price on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Cantor Fitzgerald restated an “overweight” rating and set a $920.00 price objective on shares of Meta Platforms in a research report on Thursday. KeyCorp lifted their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Oppenheimer increased their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, Needham & Company LLC upgraded shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $830.68.

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.