Wealthstar Advisors LLC Boosts Holdings in Meta Platforms, Inc. $META

Wealthstar Advisors LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,197 shares of the social networking company’s stock after acquiring an additional 96 shares during the period. Wealthstar Advisors LLC’s holdings in Meta Platforms were worth $1,622,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Csenge Advisory Group raised its stake in Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares during the period. ARQ Wealth Advisors LLC raised its position in shares of Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after buying an additional 34 shares during the last quarter. JMG Financial Group Ltd. bought a new stake in shares of Meta Platforms during the first quarter valued at approximately $284,000. Infusive Asset Management Inc. raised its position in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC raised its position in shares of Meta Platforms by 2.7% during 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 last quarter. Institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on META. Raymond James Financial lifted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 31st. Zacks Research cut shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. Scotiabank lifted their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Finally, Robert W. Baird lifted their price objective on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $830.68.

Meta Platforms Price Performance

META stock opened at $716.91 on Friday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $746.75 and a 200 day moving average price of $683.72. The stock has a market cap of $1.80 trillion, a PE ratio of 25.96, a P/E/G ratio of 1.50 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results 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 company earned $5.16 EPS. The firm’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 research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share 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 $0.525 dividend. This represents a $2.10 annualized dividend 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%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total value 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. The trade was a 1.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director directly owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This trade represents a 5.53% decrease in their ownership of the stock. 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 in the last three months. Company insiders own 13.61% of the company’s stock.

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.