Compass Advisory Group LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 3.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 976 shares of the social networking company’s stock after acquiring an additional 35 shares during the quarter. Compass Advisory Group LLC’s holdings in Meta Platforms were worth $720,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of META. Brighton Jones LLC boosted its position in 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 boosted its position in 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 boosted its position in 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 boosted its position in 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, LifeSteps Financial Inc. boosted its position in Meta Platforms by 3.8% during the first quarter. LifeSteps Financial Inc. now owns 1,069 shares of the social networking company’s stock worth $616,000 after acquiring an additional 39 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $736.37, for a total transaction of $382,176.03. Following the sale, the insider directly owned 28,275 shares of the company’s stock, valued at $20,820,861.75. This represents a 1.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the sale, the director directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 214,182 shares of company stock valued at $164,951,541 in the last ninety days. Company insiders own 13.61% of the company’s stock.
Meta Platforms Price Performance
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business’s revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.
Wall Street Analyst Weigh In
Several research firms have weighed in on META. JPMorgan Chase & Co. boosted their target price on shares of Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Monness Crespi & Hardt boosted their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Scotiabank boosted their target price on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Guggenheim reiterated a “buy” rating and issued a $800.00 target price (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Finally, Canaccord Genuity Group boosted their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Five investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $829.66.
View Our Latest Report on META
Meta Platforms Company 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.
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