Meta Platforms, Inc. $META Holdings Boosted by Generali Powszechne Towarzystwo Emerytalne

Generali Powszechne Towarzystwo Emerytalne boosted its position in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 66.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the social networking company’s stock after buying an additional 20,000 shares during the period. Meta Platforms makes up about 7.6% of Generali Powszechne Towarzystwo Emerytalne’s holdings, making the stock its 2nd biggest position. Generali Powszechne Towarzystwo Emerytalne’s holdings in Meta Platforms were worth $36,904,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of META. Csenge Advisory Group boosted its position 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 worth $5,498,000 after buying an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC boosted its position 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 worth $452,000 after buying an additional 34 shares in the last quarter. JMG Financial Group Ltd. purchased a new stake in shares of Meta Platforms in the 1st quarter worth about $284,000. Infusive Asset Management Inc. boosted its position 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 worth $13,614,000 after buying an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC boosted its position 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 worth $3,011,000 after buying an additional 109 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

META has been the topic of several recent research reports. TD Cowen decreased their price objective on shares of Meta Platforms from $875.00 to $810.00 and set a “buy” rating on the stock in a research report on Thursday. Hsbc Global Res upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. Wedbush reiterated an “outperform” rating and issued a $920.00 price objective on shares of Meta Platforms in a research report on Thursday. Royal Bank Of Canada decreased their price objective on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Monness Crespi & Hardt decreased their price objective 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. 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 company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Get Our Latest Report on META

Insider Activity at Meta Platforms

In other news, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief technology officer owned 1,799 shares of the company’s stock, valued at $1,394,225. This represents a 86.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the sale, the insider directly owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 198,335 shares of company stock worth $153,047,009. 13.61% of the stock is owned by insiders.

Meta Platforms Trading Down 2.7%

NASDAQ META opened at $648.35 on Friday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a 50-day moving average of $738.28 and a 200-day moving average of $696.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.97. The company has a market cap of $1.63 trillion, a P/E ratio of 28.64, a P/E/G ratio of 1.41 and a beta of 1.20.

Meta Platforms (NASDAQ:METAGet Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 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 39.35%. The company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the prior year, the company posted $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. As a group, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. 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 currently 9.28%.

Meta Platforms Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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