Meta Platforms, Inc. $META Shares Sold by Frazier Financial Advisors LLC

Frazier Financial Advisors LLC reduced its position in Meta Platforms, Inc. (NASDAQ:META) by 3.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,992 shares of the social networking company’s stock after selling 78 shares during the period. Meta Platforms comprises about 1.0% of Frazier Financial Advisors LLC’s portfolio, making the stock its 17th biggest holding. Frazier Financial Advisors LLC’s holdings in Meta Platforms were worth $1,470,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms during the 1st quarter valued at about $28,000. Evergreen Private Wealth LLC boosted its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms in the first quarter valued at approximately $33,000. Maseco LLP purchased a new stake in shares of Meta Platforms in the second quarter valued at approximately $54,000. Finally, JCIC Asset Management Inc. raised its stake in shares of Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after buying an additional 40 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $736.37, for a total transaction of $382,176.03. Following the transaction, the insider directly owned 28,275 shares of the company’s stock, valued at $20,820,861.75. The trade was a 1.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $5,697,760.59. This trade represents a 5.53% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 214,182 shares of company stock worth $164,951,541. Insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

NASDAQ:META opened at $738.36 on Friday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a market cap of $1.85 trillion, a PE ratio of 26.73, a P/E/G ratio of 1.56 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 stock has a 50 day moving average price of $742.11 and a 200 day moving average price of $690.10.

Meta Platforms (NASDAQ:META) last released 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 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 firm’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.60%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Roth Capital boosted their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. TD Cowen boosted their target price on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Loop Capital restated a “buy” rating and set a $980.00 price target (up previously from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Benchmark lifted their price objective on Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Wedbush boosted 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. 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. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $829.66.

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.