Alexis Investment Partners LLC Buys 342 Shares of Meta Platforms, Inc. $META

Alexis Investment Partners LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 48.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,042 shares of the social networking company’s stock after acquiring an additional 342 shares during the period. Alexis Investment Partners LLC’s holdings in Meta Platforms were worth $764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of META. Kingstone Capital Partners Texas LLC increased its holdings in Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after acquiring an additional 59,766,000 shares during the period. Nuveen LLC bought a new stake in Meta Platforms during the 1st quarter worth approximately $2,990,544,000. Amundi increased its holdings in Meta Platforms by 23.5% during the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock worth $4,111,050,000 after acquiring an additional 1,470,070 shares during the period. Goldman Sachs Group Inc. increased its holdings in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after acquiring an additional 1,255,546 shares during the period. Finally, Strs Ohio bought a new stake in Meta Platforms during the 1st quarter worth approximately $571,086,000. Institutional investors own 79.91% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on META. Cantor Fitzgerald decreased their target price on shares of Meta Platforms from $920.00 to $830.00 and set an “overweight” rating on the stock in a report on Thursday. Royal Bank Of Canada cut their price target on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a research note on Thursday. Stifel Nicolaus cut their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Thursday. Sanford C. Bernstein reissued an “outperform” rating and issued a $870.00 price target (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday. Finally, Truist Financial cut their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $666.47 on Friday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The stock has a market capitalization of $1.67 trillion, a price-to-earnings ratio of 29.44, a price-to-earnings-growth ratio of 1.60 and a beta of 1.20. The company has a fifty day moving average of $740.41 and a 200-day moving average of $695.92. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.69%. The company had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter in the prior year, the company earned $6.03 EPS. The firm’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid 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 dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is 9.28%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director owned 7,947 shares of the company’s stock, valued at $5,697,760.59. This represents a 5.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Javier Olivan sold 517 shares of the 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. The trade was a 6.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 198,335 shares of company stock valued at $153,047,009 in the last quarter. Company insiders own 13.61% of the company’s stock.

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.