Beverly Hills Private Wealth LLC Purchases 1,717 Shares of Meta Platforms, Inc. $META

Beverly Hills Private Wealth LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 12.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,017 shares of the social networking company’s stock after purchasing an additional 1,717 shares during the quarter. Meta Platforms makes up about 2.1% of Beverly Hills Private Wealth LLC’s investment portfolio, making the stock its 7th largest position. Beverly Hills Private Wealth LLC’s holdings in Meta Platforms were worth $11,084,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms during the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms in the 1st quarter valued at $33,000. Evergreen Private Wealth LLC boosted its stake in Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares in the last quarter. Maseco LLP acquired a new stake in Meta Platforms in the 2nd quarter valued at $54,000. Finally, eCIO Inc. acquired a new stake in Meta Platforms in the 1st quarter valued at $58,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Stock Up 0.0%

NASDAQ:META opened at $751.67 on Thursday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. 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 stock has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.21, a PEG ratio of 1.59 and a beta of 1.20. The stock has a 50-day moving average price of $741.86 and a two-hundred day moving average price of $696.13.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.During the same period in the previous year, the business earned $6.03 earnings per share. The company’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Wall Street Analyst Weigh In

META has been the topic of several recent analyst reports. Scotiabank boosted their price target on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Roth Capital boosted their price target on Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a research note on Tuesday, July 8th. Loop Capital reaffirmed a “buy” rating and issued a $980.00 price target (up previously from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. BMO Capital Markets boosted their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Finally, Canaccord Genuity Group boosted their price target on Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a research note on Wednesday, July 16th. Five equities research 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 company’s stock. Based on data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Buy” and an average price target of $829.66.

Insiders Place Their Bets

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value 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 approximately $184,059,219.75. The trade was a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the business’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 completion of the transaction, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 213,663 shares of company stock valued at $164,595,807 in the last three months. Insiders own 13.61% of the company’s stock.

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.