297 Shares in Meta Platforms, Inc. $META Acquired by Ariston Services Group

Ariston Services Group bought a new position in Meta Platforms, Inc. (NASDAQ:META) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 297 shares of the social networking company’s stock, valued at approximately $219,000.

Several other hedge funds have also recently added to or reduced their stakes in META. Csenge Advisory Group grew its stake in shares of Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC increased its holdings in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after purchasing an additional 34 shares during the period. JMG Financial Group Ltd. acquired a new position in shares of Meta Platforms during the first quarter valued at about $284,000. Infusive Asset Management Inc. raised its position in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC lifted its stake in shares of Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares during the period. Institutional investors own 79.91% of the company’s stock.

Insider Activity

In other news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the transaction, the chief technology officer 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 this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. In the last three months, insiders sold 213,146 shares of company stock valued at $164,208,279. 13.61% of the stock is owned by company insiders.

Meta Platforms Trading Up 1.7%

NASDAQ:META opened at $750.82 on Tuesday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 27.18, a PEG ratio of 1.57 and a beta of 1.20. The business’s 50-day moving average price is $741.78 and its two-hundred day moving average price is $693.24.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping 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 return on equity of 39.33% and a net margin of 39.99%.The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same period in the previous year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Oppenheimer reduced their price objective on Meta Platforms from $870.00 to $825.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. UBS Group upped their target price on Meta Platforms from $897.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Scotiabank lifted their price target on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. DA Davidson upped their price target on Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, Truist Financial set a $880.00 price target on Meta Platforms in a research report on Thursday, September 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $829.66.

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.