Meta Platforms, Inc. $META Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lessened its holdings in Meta Platforms, Inc. (NASDAQ:META) by 0.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,152,980 shares of the social networking company’s stock after selling 1,730 shares during the quarter. Meta Platforms comprises approximately 2.5% of Chevy Chase Trust Holdings LLC’s investment portfolio, making the stock its 5th largest holding. Chevy Chase Trust Holdings LLC’s holdings in Meta Platforms were worth $851,003,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Arista Wealth Management LLC increased its stake in shares of Meta Platforms by 1,065.0% in the second quarter. Arista Wealth Management LLC now owns 4,963 shares of the social networking company’s stock worth $3,663,000 after acquiring an additional 4,537 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in Meta Platforms by 4.1% in the second quarter. Stratos Wealth Partners LTD. now owns 101,297 shares of the social networking company’s stock valued at $74,766,000 after purchasing an additional 4,028 shares during the last quarter. AssuredPartners Investment Advisors LLC boosted its holdings in Meta Platforms by 142.2% in the second quarter. AssuredPartners Investment Advisors LLC now owns 4,699 shares of the social networking company’s stock valued at $3,468,000 after purchasing an additional 2,759 shares during the last quarter. BXM Wealth LLC grew its position in Meta Platforms by 8.1% during the 2nd quarter. BXM Wealth LLC now owns 1,249 shares of the social networking company’s stock worth $922,000 after purchasing an additional 94 shares during the period. Finally, Private Trust Co. NA raised its stake in shares of Meta Platforms by 2.7% during the 2nd quarter. Private Trust Co. NA now owns 10,425 shares of the social networking company’s stock valued at $7,694,000 after buying an additional 275 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on META shares. DA Davidson lifted their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a report on Thursday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a report on Tuesday, October 14th. Wedbush increased their price target on Meta Platforms from $750.00 to $920.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Canaccord Genuity Group boosted their price objective on Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Finally, Oppenheimer reduced their target price on Meta Platforms from $870.00 to $825.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Five 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, the company presently has an average rating of “Buy” and an average price target of $829.66.

Meta Platforms Price Performance

Shares of META opened at $750.82 on Tuesday. 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 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 fifty day simple moving average is $741.78 and its 200-day simple moving average is $693.24. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data 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. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter last year, the company posted $5.16 earnings per share. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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 of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is 7.60%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was 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 trade represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction that occurred on 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 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 disclosure for this sale can be found here. In the last three months, insiders have sold 213,146 shares of company stock worth $164,208,279. 13.61% of the stock is currently owned by insiders.

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.