Avidian Wealth Enterprises LLC Buys 312 Shares of Meta Platforms, Inc. $META

Avidian Wealth Enterprises LLC boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,300 shares of the social networking company’s stock after purchasing an additional 312 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Meta Platforms were worth $11,293,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in META. Barnes Dennig Private Wealth Management LLC bought a new position in Meta Platforms in the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the first quarter worth approximately $33,000. Evergreen Private Wealth LLC raised its position in Meta Platforms by 237.5% in 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 period. Maseco LLP bought a new position in Meta Platforms in the second quarter worth approximately $54,000. Finally, eCIO Inc. bought a new position in Meta Platforms in the first quarter worth approximately $58,000. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, October 27th. The shares were sold at an average price of $749.57, for a total value of $387,527.69. Following the sale, the chief operating officer directly owned 7,958 shares in the company, valued at approximately $5,965,078.06. The trade was a 6.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert M. Kimmitt sold 465 shares of Meta Platforms 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 in the company, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 198,335 shares of company stock worth $153,047,009. Insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

META has been the topic of several recent research reports. Monness Crespi & Hardt decreased their price target on shares of Meta Platforms from $860.00 to $808.00 and set a “buy” rating on the stock in a research report on Thursday. UBS Group increased their price target on shares of Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a research report on Thursday. Loop Capital reiterated a “buy” rating and issued a $980.00 price target (up from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Wedbush reiterated an “outperform” rating and issued a $920.00 price target on shares of Meta Platforms in a research report on Thursday. Finally, Mizuho decreased their price target on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $666.47 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of $1.67 trillion, a P/E ratio of 29.44, a P/E/G ratio of 1.60 and a beta of 1.20. The firm’s fifty day moving average is $740.41 and its two-hundred day moving average is $695.92. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results 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. The company had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.69%. Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal 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. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is currently 9.28%.

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.