Meta Platforms, Inc. $META Shares Acquired by Alpha Financial Partners LLC

Alpha Financial Partners LLC increased its position in Meta Platforms, Inc. (NASDAQ:META) by 34.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 681 shares of the social networking company’s stock after buying an additional 174 shares during the period. Alpha Financial Partners LLC’s holdings in Meta Platforms were worth $503,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of META. Kingstone Capital Partners Texas LLC increased its position in Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. Nuveen LLC acquired a new position in Meta Platforms during the first quarter worth approximately $2,990,544,000. Amundi increased its position in Meta Platforms by 23.5% during the first quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock worth $4,111,050,000 after purchasing an additional 1,470,070 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares during the last quarter. Finally, Strs Ohio acquired a new position in Meta Platforms during the first quarter worth approximately $571,086,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. BMO Capital Markets upped their price target on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research report on Thursday, July 31st. Needham & Company LLC upgraded shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. Roth Capital boosted their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Zacks Research upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $829.66.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total value of $367,374.15. Following the sale, the insider directly owned 28,794 shares of the company’s stock, valued at $20,381,832.90. This represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director directly owned 7,947 shares in the company, valued at $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 213,663 shares of company stock valued at $164,569,365 over the last ninety days. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Shares of META stock opened at $733.41 on Thursday. The company has a market capitalization of $1.84 trillion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. The firm has a fifty day simple moving average of $744.01 and a 200-day simple moving average of $687.02. 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, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion for 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 quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the prior year, the company posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors 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 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.