Pandora Wealth Inc. Has $13.26 Million Holdings in Meta Platforms, Inc. $META

Pandora Wealth Inc. lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,961 shares of the social networking company’s stock after selling 25 shares during the quarter. Meta Platforms makes up about 8.2% of Pandora Wealth Inc.’s investment portfolio, making the stock its 2nd largest position. Pandora Wealth Inc.’s holdings in Meta Platforms were worth $13,257,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in META. Brighton Jones LLC raised its position in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after acquiring an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Meta Platforms by 16.7% during the first quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock worth $23,453,000 after acquiring an additional 5,829 shares during the last quarter. 1776 Wealth LLC raised its position in shares of Meta Platforms by 137.2% during the first quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock worth $673,000 after acquiring an additional 675 shares during the last quarter. Finally, EWA LLC raised its position in shares of Meta Platforms by 50.2% during the first quarter. EWA LLC now owns 7,534 shares of the social networking company’s stock worth $4,342,000 after acquiring an additional 2,518 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Insider Activity

In related news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $721.30, for a total transaction of $372,912.10. Following the sale, the chief operating officer owned 8,475 shares in the company, valued at approximately $6,113,017.50. This represents a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 28,794 shares of the company’s stock, valued at $20,381,832.90. This trade represents a 1.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 213,663 shares of company stock worth $164,569,365 over the last three months. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $733.41 on Thursday. The firm has a market cap of $1.84 trillion, a price-to-earnings ratio of 26.55, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. The stock’s 50-day moving average is $744.01 and its 200-day moving average is $687.02. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the company posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company 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. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is 7.60%.

Analysts Set New Price Targets

META has been the subject of a number of recent research reports. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. JMP Securities lifted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Canaccord Genuity Group lifted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Sanford C. Bernstein lifted their price objective on Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, Roth Capital lifted their price objective on Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus 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.