Mountain Capital Investment Advisors Inc. Reduces Holdings in Meta Platforms, Inc. $META

Mountain Capital Investment Advisors Inc. decreased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 8.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 496 shares of the social networking company’s stock after selling 46 shares during the quarter. Mountain Capital Investment Advisors Inc.’s holdings in Meta Platforms were worth $357,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in META. Csenge Advisory Group lifted 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 valued at $5,498,000 after purchasing an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC lifted 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 valued at $452,000 after purchasing an additional 34 shares in the last quarter. JMG Financial Group Ltd. purchased a new position in Meta Platforms during the first quarter valued at approximately $284,000. Infusive Asset Management Inc. lifted 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 valued at $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC lifted 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 valued at $3,011,000 after purchasing an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on META. Loop Capital reiterated a “buy” rating and set a $980.00 price objective (up previously from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Cantor Fitzgerald reiterated an “overweight” rating and set a $920.00 price objective on shares of Meta Platforms in a research report on Thursday, October 16th. JMP Securities lifted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a research report on Thursday, July 31st. Canaccord Genuity Group lifted their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Five investment 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. Based on data from MarketBeat.com, Meta Platforms currently has a consensus rating of “Buy” and a consensus target price of $829.66.

Insider Activity

In other news, insider Jennifer Newstead sold 519 shares of the business’s 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 completion of the sale, the insider directly owned 28,275 shares of the company’s stock, valued at approximately $20,820,861.75. The trade was a 1.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction on Monday, October 27th. The shares were 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 of the company’s stock, valued at $5,965,078.06. This represents a 6.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 213,663 shares of company stock valued at $164,595,807. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Trading Up 0.0%

META stock opened at $751.67 on Thursday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock 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 firm’s fifty day simple moving average is $741.86 and its two-hundred day simple moving average is $696.13.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share 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 quarter in the previous year, the business earned $6.03 EPS. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share 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 paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is currently 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.