Crewe Advisors LLC Takes Position in Meta Platforms, Inc. $META

Crewe Advisors LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,718 shares of the social networking company’s stock, valued at approximately $4,221,000.

Other institutional investors have also modified their holdings of the company. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms in the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the first quarter valued at $33,000. Evergreen Private Wealth LLC grew its stake in shares of Meta Platforms by 237.5% in the second 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 purchased a new position in Meta Platforms in the second quarter valued at $54,000. Finally, eCIO Inc. purchased a new position in Meta Platforms in the first quarter valued at $58,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $753.43, for a total value of $11,939,605.21. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 213,663 shares of company stock worth $164,595,807. Company insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

META has been the subject of a number of recent research reports. Monness Crespi & Hardt lifted their target price on Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Stifel Nicolaus lifted their target price on Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, July 31st. JMP Securities lifted their target price on Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. Scotiabank lifted their target price on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Finally, Benchmark lifted their target price on Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Buy” and an average price target of $829.66.

Meta Platforms Stock Up 0.0%

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

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating the consensus estimate 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 prior year, the company posted $6.03 earnings per share. Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal 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 given a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s 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.