Tranquility Partners LLC Purchases New Shares in Meta Platforms, Inc. $META

Tranquility Partners LLC bought a new stake in shares of Meta Platforms, Inc. (NASDAQ:META) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 281 shares of the social networking company’s stock, valued at approximately $207,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC grew its holdings in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares in the last quarter. GAMMA Investing LLC grew its holdings in Meta Platforms by 16.7% in the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock worth $23,453,000 after buying an additional 5,829 shares in the last quarter. 1776 Wealth LLC increased its position in Meta Platforms by 137.2% in the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after acquiring an additional 675 shares during the period. Finally, Center For Asset Management LLC raised its stake in Meta Platforms by 0.5% during the 1st quarter. Center For Asset Management LLC now owns 4,390 shares of the social networking company’s stock valued at $2,530,000 after acquiring an additional 23 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 0.2%

Shares of Meta Platforms stock opened at $733.27 on Wednesday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month 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 stock has a 50 day moving average price of $744.95 and a two-hundred day moving average price 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 issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. The business 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%. Meta Platforms’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same period in the previous year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share 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 dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 7.60%.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of Meta Platforms 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 transaction, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at $64,343,464.11. The trade was a 17.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. The disclosure for this sale can be found here. Over the last three months, insiders have sold 213,146 shares of company stock valued at $164,196,453. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

META has been the topic of a number of recent analyst reports. Piper Sandler lifted their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Zacks Research downgraded shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. JMP Securities increased their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. UBS Group raised their price objective on shares of Meta Platforms from $897.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Finally, Guggenheim reissued a “buy” rating and set a $800.00 target price (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Four 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 stock. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average target price of $829.66.

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.