Compound Global Advisors LLC Sells 1,562 Shares of Meta Platforms, Inc. $META

Compound Global Advisors LLC lessened its holdings in Meta Platforms, Inc. (NASDAQ:META) by 92.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 122 shares of the social networking company’s stock after selling 1,562 shares during the period. Meta Platforms comprises 8.2% of Compound Global Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Compound Global Advisors LLC’s holdings in Meta Platforms were worth $90,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in META. Kingstone Capital Partners Texas LLC grew its position in Meta Platforms by 608,429.2% in the 2nd 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 in the last quarter. Invesco Ltd. grew its position in Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Meta Platforms by 8.8% in the 1st 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Meta Platforms by 4.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after purchasing an additional 536,160 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after purchasing an additional 247,850 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analysts Set New Price Targets

META has been the subject of a number of recent analyst reports. DA Davidson upped their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Oppenheimer reduced their price objective on shares of Meta Platforms from $870.00 to $825.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. TD Cowen increased their target price on shares of Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. KeyCorp increased their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on shares of Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $829.66.

Meta Platforms Stock Performance

Shares of META stock opened at $738.36 on Monday. The stock has a market capitalization of $1.85 trillion, a P/E ratio of 26.73, a PEG ratio of 1.57 and a beta of 1.20. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm’s 50 day moving average is $742.11 and its 200 day moving average is $692.08. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last announced 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 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 was up 21.6% compared to the same quarter last year. During the same period in the prior year, the company posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 465 shares of the company’s 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 sale, the director directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The shares were 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 $6,113,017.50. The trade was a 5.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 213,665 shares of company stock worth $164,581,886. 13.61% of the stock is owned by corporate insiders.

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.