Meta Platforms, Inc. $META Shares Acquired by CORDA Investment Management LLC.

CORDA Investment Management LLC. grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 4.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,531 shares of the social networking company’s stock after buying an additional 159 shares during the quarter. CORDA Investment Management LLC.’s holdings in Meta Platforms were worth $2,606,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Csenge Advisory Group raised its holdings in Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after purchasing an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC raised its holdings in Meta Platforms by 4.5% during the first 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 last quarter. JMG Financial Group Ltd. acquired a new position in Meta Platforms during the first quarter worth $284,000. Infusive Asset Management Inc. raised its holdings in 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 worth $13,614,000 after purchasing an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC raised its holdings in Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after purchasing an additional 109 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 213,663 shares of company stock valued at $164,595,807. 13.61% of the stock is owned by company insiders.

Meta Platforms Stock Performance

Meta Platforms stock opened at $751.67 on Thursday. The firm 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 stock has a fifty day moving average price of $741.86 and a 200 day moving average price of $696.13. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week 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.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS 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%.Meta Platforms’s revenue was up 26.2% on a year-over-year basis. During the same period last year, the company earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts anticipate 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. Investors of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

Analyst Ratings Changes

META has been the subject of several research reports. Raymond James Financial lifted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 31st. KeyCorp lifted their price objective on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 31st. Scotiabank lifted their price objective on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Finally, Roth Capital boosted their price target on Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target 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.