WBH Advisory Inc. lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 4.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,360 shares of the social networking company’s stock after selling 143 shares during the quarter. WBH Advisory Inc.’s holdings in Meta Platforms were worth $2,480,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms in the 1st quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms in the 1st quarter valued at approximately $33,000. Evergreen Private Wealth LLC increased its stake in Meta Platforms by 237.5% in the 2nd 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 during the period. Maseco LLP acquired a new position in Meta Platforms in the 2nd quarter valued at approximately $54,000. Finally, eCIO Inc. acquired a new position in Meta Platforms in the 1st quarter valued at approximately $58,000. Institutional investors and hedge funds own 79.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the stock. Citizens Jmp upped their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Mizuho set a $925.00 price objective on shares of Meta Platforms and gave the company an “outperform” rating in a research note on Monday, September 29th. Pivotal Research upped their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Robert W. Baird increased their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. Finally, Stifel Nicolaus increased their price target on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a research note 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 given a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms presently has an average rating of “Buy” and an average target price of $829.66.
Insider Buying and Selling 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 transaction of $387,527.69. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $736.37, for a total transaction of $382,176.03. Following the transaction, the insider directly owned 28,275 shares of the company’s stock, valued at $20,820,861.75. The trade was a 1.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 213,663 shares of company stock valued at $164,595,807 in the last ninety days. Company insiders own 13.61% of the company’s stock.
Meta Platforms Price Performance
Shares of Meta Platforms stock opened at $751.67 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The firm has a fifty day moving average price of $741.86 and a two-hundred day moving average price of $696.13. The company has a market cap of $1.89 trillion, a PE ratio of 27.21, a price-to-earnings-growth ratio of 1.59 and a beta of 1.20.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results 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 period in the prior year, the firm posted $6.03 earnings per share. The company’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is 7.60%.
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.
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