Apollon Financial LLC Boosts Position in Meta Platforms, Inc. $META

Apollon Financial LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 7.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,366 shares of the social networking company’s stock after buying an additional 163 shares during the quarter. Apollon Financial LLC’s holdings in Meta Platforms were worth $1,746,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Inlight Wealth Management LLC purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $28,000. Evergreen Private Wealth LLC increased its holdings 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 valued at $40,000 after purchasing an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $33,000. Finally, Maseco LLP purchased a new position in shares of Meta Platforms during the 2nd quarter valued at approximately $54,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $713.34, for a total transaction of $368,796.78. Following the sale, the chief operating officer directly owned 8,992 shares in the company, valued at $6,414,353.28. This represents a 5.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jennifer Newstead sold 519 shares of the business’s 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 transaction, the insider directly owned 28,794 shares of the company’s stock, valued at approximately $20,381,832.90. This represents a 1.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 213,146 shares of company stock worth $164,196,453 over the last three months. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on META shares. Royal Bank Of Canada lifted their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. BMO Capital Markets lifted their target price on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a report on Thursday, July 31st. Piper Sandler lifted their target price on shares of Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Sanford C. Bernstein lifted their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, Robert W. Baird lifted their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a research note on Wednesday, July 2nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $829.66.

Meta Platforms Stock Up 2.1%

NASDAQ META opened at $732.17 on Tuesday. The firm has a market cap of $1.84 trillion, a PE ratio of 26.51, a P/E/G ratio of 1.50 and a beta of 1.20. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The business’s fifty day simple moving average is $746.08 and its 200-day simple moving average is $686.38. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate 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. Shareholders of record on Monday, September 22nd were paid 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 is 7.60%.

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.