LGT Financial Advisors LLC Acquires Shares of 88 Meta Platforms, Inc. $META

LGT Financial Advisors LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 88 shares of the social networking company’s stock, valued at approximately $65,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Triton Financial Group Inc bought a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $507,000. VCI Wealth Management LLC lifted its holdings in shares of Meta Platforms by 6.0% during the 2nd quarter. VCI Wealth Management LLC now owns 6,890 shares of the social networking company’s stock worth $5,086,000 after acquiring an additional 389 shares during the period. Clune & Associates LTD. bought a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $244,000. Darrow Company Inc. bought a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $213,000. Finally, Klingman & Associates LLC lifted its holdings in shares of Meta Platforms by 19.8% during the 2nd quarter. Klingman & Associates LLC now owns 5,886 shares of the social networking company’s stock worth $4,345,000 after acquiring an additional 972 shares during the period. Institutional investors own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares in the company, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of the firm’s 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 of the company’s stock, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 198,335 shares of company stock valued at $153,047,009 in the last three months. Insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

META has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a report on Thursday. BMO Capital Markets increased their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Pivotal Research increased 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. Monness Crespi & Hardt dropped their price objective on shares of Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Zacks Research raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Stock Down 11.3%

Meta Platforms stock opened at $666.47 on Friday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The stock has a market cap of $1.67 trillion, a PE ratio of 29.44, a price-to-earnings-growth ratio of 1.60 and a beta of 1.20. The firm’s 50-day simple moving average is $740.41 and its 200 day simple moving average is $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 posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating the consensus estimate of $6.74 by $0.51. The company had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.69%. The firm’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid 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 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.