Sincerus Advisory LLC Has $1.36 Million Position in Meta Platforms, Inc. $META

Sincerus Advisory LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,913 shares of the social networking company’s stock after acquiring an additional 107 shares during the period. Meta Platforms accounts for about 1.3% of Sincerus Advisory LLC’s portfolio, making the stock its 24th largest position. Sincerus Advisory LLC’s holdings in Meta Platforms were worth $1,363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Aire Advisors LLC lifted its position in shares of Meta Platforms by 1.9% during the 2nd quarter. Aire Advisors LLC now owns 7,581 shares of the social networking company’s stock valued at $5,595,000 after acquiring an additional 140 shares during the period. Creekside Partners increased its stake in Meta Platforms by 6.0% during the 2nd quarter. Creekside Partners now owns 712 shares of the social networking company’s stock valued at $526,000 after purchasing an additional 40 shares in the last quarter. Evernest Financial Advisors LLC increased its stake in Meta Platforms by 18.2% during the 2nd quarter. Evernest Financial Advisors LLC now owns 2,694 shares of the social networking company’s stock valued at $1,989,000 after purchasing an additional 415 shares in the last quarter. Compass Advisory Group LLC increased its stake in Meta Platforms by 3.7% during the 2nd quarter. Compass Advisory Group LLC now owns 976 shares of the social networking company’s stock valued at $720,000 after purchasing an additional 35 shares in the last quarter. Finally, Tower Wealth Partners Inc. raised its holdings in shares of Meta Platforms by 27.2% in the 2nd quarter. Tower Wealth Partners Inc. now owns 963 shares of the social networking company’s stock worth $711,000 after acquiring an additional 206 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In other news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares of the company’s stock, valued at $184,059,219.75. This represents a 20.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. The disclosure for this sale can be found here. Insiders sold 213,665 shares of company stock valued at $164,581,886 over the last quarter. 13.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on META. Oppenheimer lowered their target price on shares of Meta Platforms from $870.00 to $825.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Hsbc Global Res upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Citizens Jmp upped their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Pivotal Research upped their target price on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Meta Platforms in a report on Saturday. Five equities research 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 stock. According to MarketBeat.com, Meta Platforms currently has a consensus rating of “Buy” and a consensus target price of $829.66.

Meta Platforms Stock Performance

NASDAQ META opened at $738.36 on Monday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market cap of $1.85 trillion, a price-to-earnings ratio of 26.73, a PEG ratio of 1.57 and a beta of 1.20. The company has a fifty day moving average price of $742.11 and a 200-day moving average price of $692.08.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates 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 for the quarter was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given 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 of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is currently 7.60%.

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.