Commons Capital LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 4.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,107 shares of the social networking company’s stock after purchasing an additional 202 shares during the quarter. Meta Platforms comprises about 2.9% of Commons Capital LLC’s investment portfolio, making the stock its 8th largest position. Commons Capital LLC’s holdings in Meta Platforms were worth $3,769,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares during the period. 1776 Wealth LLC raised its stake in shares of Meta Platforms by 137.2% in the first quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after acquiring an additional 675 shares during the period. LifeSteps Financial Inc. raised its stake in shares of Meta Platforms by 3.8% in the first quarter. LifeSteps Financial Inc. now owns 1,069 shares of the social networking company’s stock valued at $616,000 after acquiring an additional 39 shares during the period. Finally, FFG Partners LLC grew its holdings in shares of Meta Platforms by 17.6% in the first quarter. FFG Partners LLC now owns 32,618 shares of the social networking company’s stock worth $18,800,000 after purchasing an additional 4,873 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Insider Activity
In related news, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the transaction, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 213,665 shares of company stock valued at $164,581,886. 13.61% of the stock is currently owned by company insiders.
Meta Platforms Stock Up 0.6%
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same quarter last year, the company earned $5.16 EPS. The business’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is currently 7.60%.
Analyst Upgrades and Downgrades
META has been the topic of several recent analyst reports. Bank of America raised their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Hsbc Global Res raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. KeyCorp raised their price target on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Monness Crespi & Hardt increased their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $829.66.
Read Our Latest Analysis on Meta Platforms
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.
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