Maestria Partners LLC Decreases Holdings in Meta Platforms, Inc. $META

Maestria Partners LLC trimmed its position in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 7.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 25,960 shares of the social networking company’s stock after selling 2,140 shares during the period. Meta Platforms comprises approximately 6.7% of Maestria Partners LLC’s holdings, making the stock its 8th largest holding. Maestria Partners LLC’s holdings in Meta Platforms were worth $19,161,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Pachira Investments Inc. lifted its stake in shares of Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after purchasing an additional 14 shares during the period. Hemington Wealth Management lifted its stake in shares of Meta Platforms by 0.6% in the 2nd 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 during the period. Shelton Wealth Management LLC lifted its stake in shares of Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after purchasing an additional 15 shares during the period. Myecfo LLC lifted its stake in shares of Meta Platforms by 2.0% in the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after purchasing an additional 15 shares during the period. Finally, Kooman & Associates lifted its stake in shares of Meta Platforms by 2.8% in the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock valued at $402,000 after purchasing an additional 15 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Performance

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 firm has a market capitalization of $1.84 trillion, a PE ratio of 26.55, a PEG ratio of 1.53 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The business’s 50-day simple moving average is $744.95 and its 200 day simple moving average is $686.70.

Meta Platforms (NASDAQ:METAGet Free Report) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the company posted $5.16 earnings per share. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Analyst Upgrades and Downgrades

META has been the topic of several research analyst reports. BMO Capital Markets raised their price objective on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research note on Thursday, July 31st. Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. Wells Fargo & Company raised their price objective on Meta Platforms from $811.00 to $837.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. Truist Financial set a $880.00 price objective on Meta Platforms in a research note on Thursday, September 18th. Finally, Wedbush raised their price objective on Meta Platforms from $750.00 to $920.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $829.66.

Read Our Latest Report on Meta Platforms

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total value of $367,374.15. Following the sale, the insider owned 28,794 shares in the company, valued at $20,381,832.90. This represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The shares were 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 in the company, valued at $6,414,353.28. This represents a 5.44% 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. Company insiders own 13.61% of the company’s stock.

Meta Platforms Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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