Investment Advisory Group LLC Sells 87 Shares of Meta Platforms, Inc. $META

Investment Advisory Group LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,911 shares of the social networking company’s stock after selling 87 shares during the period. Investment Advisory Group LLC’s holdings in Meta Platforms were worth $2,149,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of META. Brighton Jones LLC raised its position 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 purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake 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 valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. GAMMA Investing LLC boosted its stake 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 valued at $23,453,000 after purchasing an additional 5,829 shares during the last quarter. 1776 Wealth LLC boosted its stake in shares of Meta Platforms by 137.2% in the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock worth $673,000 after buying an additional 675 shares during the last quarter. Finally, Center For Asset Management LLC boosted its stake in shares of Meta Platforms by 0.5% in the 1st quarter. Center For Asset Management LLC now owns 4,390 shares of the social networking company’s stock worth $2,530,000 after buying an additional 23 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the company an “outperform” rating in a research report on Monday, September 29th. Canaccord Genuity Group increased their price target on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Oppenheimer decreased their target price on shares of Meta Platforms from $870.00 to $825.00 and set an “outperform” rating for the company in a research note on Monday. Finally, UBS Group raised their target price on shares of Meta Platforms from $897.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Four investment 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $829.66.

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $733.27 on Wednesday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. 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 firm has a fifty day simple moving average of $744.95 and a two-hundred day simple moving average of $686.70. The stock has a market capitalization of $1.84 trillion, a P/E ratio of 26.55, a PEG ratio of 1.53 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. The firm had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same period in the previous year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 7.60%.

Insider Activity

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. The trade was a 86.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have 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.