Meta Platforms, Inc. $META Shares Purchased by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,813 shares of the social networking company’s stock after acquiring an additional 539 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Meta Platforms were worth $10,933,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of META. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms during the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the first quarter worth approximately $33,000. Evergreen Private Wealth LLC boosted its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares during the last quarter. Maseco LLP purchased a new position in Meta Platforms during the second quarter worth approximately $54,000. Finally, eCIO Inc. purchased a new position in Meta Platforms during the first quarter worth approximately $58,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling

In related news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $736.37, for a total transaction of $382,176.03. Following the sale, the insider owned 28,275 shares of the company’s stock, valued at $20,820,861.75. The trade was a 1.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, October 27th. The stock was sold at an average price of $749.57, for a total transaction of $387,527.69. Following the sale, the chief operating officer directly owned 7,958 shares in the company, valued at $5,965,078.06. This trade represents a 6.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 213,663 shares of company stock valued at $164,595,807 in the last quarter. Company insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Guggenheim reaffirmed a “buy” rating and set a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. JMP Securities increased their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Hsbc Global Res raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Royal Bank Of Canada increased their price target on shares of Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, Roth Capital increased their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $829.66.

Meta Platforms Stock Performance

Shares of META stock opened at $751.67 on Thursday. The company’s fifty day simple moving average is $741.86 and its 200-day simple moving average is $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. The company has a market cap of $1.89 trillion, a PE ratio of 27.21, a P/E/G ratio of 1.59 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the firm posted $6.03 EPS. The business’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a dividend of $0.525 per share. 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 payout ratio is 7.60%.

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.