Divergent Planning LLC Buys Shares of 582 Meta Platforms, Inc. $META

Divergent Planning LLC bought a new stake in shares of Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 582 shares of the social networking company’s stock, valued at approximately $430,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Meta Platforms in the first quarter worth $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms in the 1st quarter valued at $33,000. Evergreen Private Wealth LLC grew 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 in the last quarter. Maseco LLP purchased a new position in shares of Meta Platforms in the 2nd quarter worth approximately $54,000. Finally, eCIO Inc. bought a new position in Meta Platforms during the first quarter valued at $58,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Stifel Nicolaus cut their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a report on Thursday. TD Cowen decreased their price objective on shares of Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday, October 8th. Canaccord Genuity Group reiterated a “buy” rating and set a $900.00 price objective on shares of Meta Platforms in a report on Thursday. Finally, Benchmark lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Activity

In other news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $769.38, for a total value of $12,192,364.86. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 198,335 shares of company stock worth $153,047,009 in the last quarter. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Stock Down 11.3%

Shares of Meta Platforms stock opened at $666.47 on Friday. The firm’s 50 day moving average price is $740.41 and its 200-day moving average price is $695.92. 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 52-week low of $479.80 and a 52-week high of $796.25. The company has a market cap of $1.67 trillion, a P/E ratio of 29.44, a PEG ratio of 1.60 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the previous year, the firm earned $6.03 EPS. The company’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given 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 payout ratio is presently 9.28%.

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.