Liberty Square Wealth Partners LLC Cuts Holdings in Meta Platforms, Inc. $META

Liberty Square Wealth Partners LLC lessened its stake in Meta Platforms, Inc. (NASDAQ:META) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,979 shares of the social networking company’s stock after selling 144 shares during the period. Meta Platforms makes up about 0.8% of Liberty Square Wealth Partners LLC’s holdings, making the stock its 21st biggest holding. Liberty Square Wealth Partners LLC’s holdings in Meta Platforms were worth $2,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of META. Balboa Wealth Partners boosted its stake in shares of Meta Platforms by 3.0% in the 2nd quarter. Balboa Wealth Partners now owns 14,639 shares of the social networking company’s stock valued at $10,805,000 after purchasing an additional 426 shares in the last quarter. Northeast Investment Management boosted its stake in shares of Meta Platforms by 1.4% in the 2nd quarter. Northeast Investment Management now owns 106,864 shares of the social networking company’s stock valued at $78,875,000 after purchasing an additional 1,444 shares in the last quarter. Cidel Asset Management Inc. boosted its stake in shares of Meta Platforms by 0.6% in the 2nd quarter. Cidel Asset Management Inc. now owns 6,169 shares of the social networking company’s stock valued at $4,553,000 after purchasing an additional 34 shares in the last quarter. Salomon & Ludwin LLC boosted its stake in shares of Meta Platforms by 4.3% in the 2nd quarter. Salomon & Ludwin LLC now owns 1,443 shares of the social networking company’s stock valued at $1,030,000 after purchasing an additional 60 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC boosted its stake in shares of Meta Platforms by 3.8% in the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 14,813 shares of the social networking company’s stock valued at $10,933,000 after purchasing an additional 539 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $749.57, for a total value of $387,527.69. Following the completion of the sale, the chief operating officer directly owned 7,958 shares of the company’s stock, valued at approximately $5,965,078.06. This trade represents a 6.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director directly owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 213,663 shares of company stock valued at $164,595,807. Company insiders own 13.61% of the company’s stock.

Meta Platforms Trading Up 0.0%

Shares of META opened at $751.67 on Thursday. The stock has a market capitalization of $1.89 trillion, a P/E ratio of 27.21, a PEG ratio of 1.59 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a fifty day simple moving average of $741.86 and a two-hundred day simple moving average of $696.13. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly 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 net margin of 39.99% and a return on equity of 39.33%. During the same quarter in the previous year, the company posted $6.03 earnings per share. The firm’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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 $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on META shares. Loop Capital reaffirmed a “buy” rating and issued a $980.00 price objective (up previously from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Truist Financial set a $880.00 price objective on shares of Meta Platforms in a research note on Thursday, September 18th. Guggenheim reaffirmed a “buy” rating and issued a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Stifel Nicolaus upped their price objective on shares of Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $829.66.

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.