Stonehage Fleming Financial Services Holdings Ltd lowered its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 1.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,950 shares of the social networking company’s stock after selling 183 shares during the quarter. Meta Platforms makes up approximately 0.2% of Stonehage Fleming Financial Services Holdings Ltd’s holdings, making the stock its 25th biggest position. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Meta Platforms were worth $7,344,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Apollon Financial LLC grew its stake in Meta Platforms by 7.4% in the second quarter. Apollon Financial LLC now owns 2,366 shares of the social networking company’s stock valued at $1,746,000 after purchasing an additional 163 shares in the last quarter. Apollon Wealth Management LLC grew its stake in Meta Platforms by 2.3% in the second quarter. Apollon Wealth Management LLC now owns 85,310 shares of the social networking company’s stock valued at $62,966,000 after purchasing an additional 1,941 shares in the last quarter. Keener Financial Planning LLC purchased a new position in Meta Platforms in the second quarter valued at about $110,000. Hemington Wealth Management grew its stake in Meta Platforms by 0.6% in the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after purchasing an additional 14 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its stake in Meta Platforms by 5.5% in the second quarter. Fifth Third Wealth Advisors LLC now owns 50,013 shares of the social networking company’s stock valued at $36,914,000 after purchasing an additional 2,609 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Insider Transactions at Meta Platforms
In other news, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $769.38, for a total value of $12,192,364.86. The disclosure for this sale can be found here. In the last quarter, insiders sold 213,146 shares of company stock worth $164,196,453. Insiders own 13.61% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Meta Platforms
Meta Platforms Trading Up 2.1%
Meta Platforms stock opened at $732.17 on Tuesday. The business has a 50 day moving average price of $746.08 and a two-hundred day moving average price of $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. The stock 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. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm 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 company’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a $0.525 dividend. 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 is 7.60%.
Meta Platforms 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.
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