Lindenwold Advisors INC Has $3.65 Million Stock Position in Meta Platforms, Inc. $META

Lindenwold Advisors INC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 1.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,949 shares of the social networking company’s stock after buying an additional 65 shares during the quarter. Meta Platforms comprises about 1.9% of Lindenwold Advisors INC’s portfolio, making the stock its 13th biggest position. Lindenwold Advisors INC’s holdings in Meta Platforms were worth $3,653,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in META. Brighton Jones LLC raised its stake in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC increased its holdings in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after purchasing an additional 875 shares in the last quarter. GAMMA Investing LLC increased its holdings in Meta Platforms by 16.7% during the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock worth $23,453,000 after purchasing an additional 5,829 shares in the last quarter. 1776 Wealth LLC increased its holdings in Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock worth $673,000 after purchasing an additional 675 shares in the last quarter. Finally, Carr Financial Group Corp increased its holdings in Meta Platforms by 21.1% during the 1st quarter. Carr Financial Group Corp now owns 1,854 shares of the social networking company’s stock worth $1,069,000 after purchasing an additional 323 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

META has been the subject of a number of recent research reports. Stifel Nicolaus boosted their price objective on Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Citizens Jmp boosted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Bank of America boosted their price objective on Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Canaccord Genuity Group boosted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus price target of $829.66.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $713.34, for a total transaction of $368,796.78. Following the sale, the chief operating officer owned 8,992 shares in the company, valued at $6,414,353.28. This trade represents a 5.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total value of $333,391.05. Following the sale, the director owned 7,947 shares in the company, valued at $5,697,760.59. The trade was a 5.53% decrease in their position. 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 90 days. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $732.17 on Tuesday. The stock 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. The firm has a market cap of $1.84 trillion, a price-to-earnings ratio of 26.51, 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 posted 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 return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the company earned $5.16 earnings per share. The business’s revenue for the quarter was up 21.6% on a year-over-year basis. 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors 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 dividend payout ratio (DPR) is currently 7.60%.

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.