Avion Wealth Sells 180 Shares of Meta Platforms, Inc. $META

Avion Wealth trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 14.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,097 shares of the social networking company’s stock after selling 180 shares during the quarter. Avion Wealth’s holdings in Meta Platforms were worth $810,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Bey Douglas LLC boosted its position in Meta Platforms by 82.0% during the 2nd quarter. Bey Douglas LLC now owns 8,029 shares of the social networking company’s stock valued at $5,926,000 after acquiring an additional 3,617 shares in the last quarter. West Bancorporation Inc. bought a new stake in shares of Meta Platforms in the 2nd quarter worth approximately $625,000. Folger Nolan Fleming Douglas Capital Management Inc. boosted its position in shares of Meta Platforms by 3.1% in the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 12,807 shares of the social networking company’s stock worth $9,453,000 after purchasing an additional 385 shares in the last quarter. Invictus Private Wealth LLC boosted its position in shares of Meta Platforms by 1.6% in the 2nd quarter. Invictus Private Wealth LLC now owns 2,202 shares of the social networking company’s stock worth $1,625,000 after purchasing an additional 35 shares in the last quarter. Finally, Lindenwold Advisors INC boosted its position in shares of Meta Platforms by 1.3% in the 2nd quarter. Lindenwold Advisors INC now owns 4,949 shares of the social networking company’s stock worth $3,653,000 after purchasing an additional 65 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

Shares of 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. 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 firm has a fifty day simple moving average of $746.08 and a two-hundred day simple moving average of $686.38. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion during 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%. The company’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 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently announced 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 payout ratio is currently 7.60%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on META. Piper Sandler boosted their price target on Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Needham & Company LLC raised Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Royal Bank Of Canada boosted their price target on Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. boosted their price target on Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Guggenheim reissued a “buy” rating and issued a $800.00 price target (up from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Four 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 stock. According to data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $829.66.

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 on Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total transaction of $367,374.15. Following the completion of the sale, the insider directly owned 28,794 shares in the company, valued at approximately $20,381,832.90. The trade was a 1.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $713.34, for a total value of $368,796.78. Following the completion of the sale, the chief operating officer owned 8,992 shares of the company’s stock, valued at $6,414,353.28. This trade represents a 5.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 213,146 shares of company stock worth $164,196,453. 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.