Fiduciary Planning LLC Sells 190 Shares of Meta Platforms, Inc. $META

Fiduciary Planning LLC reduced its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,472 shares of the social networking company’s stock after selling 190 shares during the quarter. Meta Platforms comprises 0.8% of Fiduciary Planning LLC’s holdings, making the stock its 24th biggest position. Fiduciary Planning LLC’s holdings in Meta Platforms were worth $2,563,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Csenge Advisory Group increased its stake in shares of Meta Platforms by 12.0% in the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after acquiring an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC increased its stake in shares of Meta Platforms by 4.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after acquiring an additional 34 shares during the last quarter. JMG Financial Group Ltd. bought a new stake in shares of Meta Platforms in the 1st quarter valued at about $284,000. Infusive Asset Management Inc. increased its stake in shares of Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after acquiring an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC increased its stake in shares of Meta Platforms by 2.7% in the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after acquiring an additional 109 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Scotiabank boosted their price objective on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Canaccord Genuity Group reiterated a “buy” rating and issued a $900.00 price objective on shares of Meta Platforms in a research report on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a research report on Thursday. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research report on Thursday. Finally, Zacks Research upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Trading Down 11.3%

NASDAQ:META opened at $666.47 on Friday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average price of $740.41 and a two-hundred day moving average price of $695.92. The company has a market cap of $1.67 trillion, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 1.60 and a beta of 1.20.

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

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date 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 (DPR) is currently 9.28%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, 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 value of $387,527.69. Following the completion of the sale, the chief operating officer owned 7,958 shares in the company, valued at $5,965,078.06. This trade represents a 6.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 approximately $5,697,760.59. This represents a 5.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 198,335 shares of company stock worth $153,047,009 over the last quarter. 13.61% of the stock is currently owned by insiders.

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.