Stonebridge Financial Group LLC Has $6.27 Million Position in Meta Platforms, Inc. $META

Stonebridge Financial Group LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,491 shares of the social networking company’s stock after selling 256 shares during the quarter. Stonebridge Financial Group LLC’s holdings in Meta Platforms were worth $6,267,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of META. Inlight Wealth Management LLC acquired a new stake in shares of Meta Platforms in the first quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms in the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the first quarter valued at $33,000. Evergreen Private Wealth LLC increased its stake in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares in the last quarter. Finally, JCIC Asset Management Inc. increased its stake in shares of Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after buying an additional 40 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total transaction of $367,374.15. Following the sale, the insider 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $713.34, for a total value of $368,796.78. Following the sale, the chief operating officer directly owned 8,992 shares in the company, valued at approximately $6,414,353.28. This represents a 5.44% decrease in their position. 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 90 days. 13.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on META shares. Mizuho set a $925.00 target price on Meta Platforms and gave the company an “outperform” rating in a research note on Monday, September 29th. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday, October 8th. TD Cowen raised their price target on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Roth Capital raised their price target on Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Four research 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $830.68.

Meta Platforms Price Performance

Shares of META opened at $716.91 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The stock has a market cap of $1.80 trillion, a P/E ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. The stock’s 50-day moving average price is $746.75 and its two-hundred day moving average price is $683.72.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to analysts’ expectations 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 was up 21.6% compared to the same quarter last year. During the same quarter last year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm 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 of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.

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.