Roof Eidam Maycock Peralta LLC Decreases Stock Holdings in Meta Platforms, Inc. $META

Roof Eidam Maycock Peralta LLC decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 1.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,426 shares of the social networking company’s stock after selling 18 shares during the quarter. Roof Eidam Maycock Peralta LLC’s holdings in Meta Platforms were worth $1,053,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in Meta Platforms during the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms during the first quarter valued at $33,000. Evergreen Private Wealth LLC raised its stake 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 valued at $40,000 after purchasing an additional 38 shares in the last quarter. Maseco LLP purchased a new stake in Meta Platforms during the second quarter valued at $54,000. Finally, eCIO Inc. purchased a new stake in shares of Meta Platforms in the first quarter valued at $58,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Morgan Stanley increased their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. The Goldman Sachs Group reissued a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. JMP Securities increased their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a research note on Thursday, July 31st. Roth Capital increased their target price on shares of Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a research note on Tuesday, July 8th. Finally, UBS Group increased their target price on shares of Meta Platforms from $897.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. 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’s stock. According to data from MarketBeat, Meta Platforms currently has an average rating of “Buy” and a consensus target price of $829.66.

Insider Buying and Selling at Meta Platforms

In other news, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 213,665 shares of company stock valued at $164,581,886 in the last 90 days. Insiders own 13.61% of the company’s stock.

Meta Platforms Trading Up 0.6%

META stock opened at $738.36 on Monday. The company has a market capitalization of $1.85 trillion, a PE ratio of 26.73, a P/E/G ratio of 1.57 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm’s 50-day moving average is $742.11 and its 200 day moving average is $692.08. 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 posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The company 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 firm’s revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

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.