Vivid Wealth Management LLC Acquires 45 Shares of Meta Platforms, Inc. $META

Vivid Wealth Management LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,829 shares of the social networking company’s stock after purchasing an additional 45 shares during the period. Meta Platforms makes up about 1.2% of Vivid Wealth Management LLC’s portfolio, making the stock its 29th biggest position. Vivid Wealth Management LLC’s holdings in Meta Platforms were worth $2,826,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of META. Kingstone Capital Partners Texas LLC lifted its holdings in Meta Platforms by 608,429.2% during the 2nd 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 buying an additional 59,766,000 shares during the period. Invesco Ltd. lifted its holdings in Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after buying an additional 400,927 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after buying an additional 536,160 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after buying an additional 247,850 shares during the period. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. KeyCorp boosted their price objective on Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research note on Wednesday, October 8th. Zacks Research downgraded Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. TD Cowen boosted their price objective on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Guggenheim reissued a “buy” rating and issued a $800.00 price objective (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Four research 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $716.91 on Friday. The stock has a fifty day simple moving average of $746.75 and a two-hundred day simple moving average of $683.72. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm 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. 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 (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during 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 firm’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. 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 payout ratio is 7.60%.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 517 shares of Meta Platforms 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 transaction, the chief operating officer owned 8,992 shares in the company, valued at approximately $6,414,353.28. The trade was a 5.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total value of $367,374.15. Following the completion of the transaction, the insider owned 28,794 shares in the company, valued at approximately $20,381,832.90. This represents a 1.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 214,182 shares of company stock valued at $164,933,323 over the last 90 days. Insiders own 13.61% of the company’s stock.

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.