Ulland Investment Advisors LLC Sells 982 Shares of Meta Platforms, Inc. $META

Ulland Investment Advisors LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 7.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 11,627 shares of the social networking company’s stock after selling 982 shares during the period. Meta Platforms makes up approximately 6.5% of Ulland Investment Advisors LLC’s holdings, making the stock its 4th biggest holding. Ulland Investment Advisors LLC’s holdings in Meta Platforms were worth $8,582,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Inlight Wealth Management LLC acquired a new stake in Meta Platforms during the 1st quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms during the 1st quarter worth approximately $28,000. Evergreen Private Wealth LLC grew its stake in shares of Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms during the 1st quarter worth approximately $33,000. Finally, Maseco LLP bought a new position in shares of Meta Platforms during the 2nd quarter worth approximately $54,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In other news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at $64,343,464.11. This represents a 17.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 214,182 shares of company stock valued at $164,933,323. 13.61% of the stock is owned by company insiders.

Meta Platforms Trading Up 0.7%

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

Meta Platforms (NASDAQ:METAGet Free Report) last released 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 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 analysts’ expectations of $44.55 billion. During the same period in the previous year, the business posted $5.16 earnings per share. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business 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. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is 7.60%.

Wall Street Analysts Forecast Growth

META has been the subject of several research reports. Pivotal Research raised their price target on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. DA Davidson raised their price target on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the stock an “outperform” rating in a research note on Monday, September 29th. Finally, JMP Securities raised their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. 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. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $830.68.

Check Out Our Latest Research Report on Meta Platforms

Meta Platforms Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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