Meta Platforms, Inc. $META Shares Acquired by BlueChip Wealth Advisors LLC

BlueChip Wealth Advisors LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 7.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,426 shares of the social networking company’s stock after acquiring an additional 99 shares during the period. BlueChip Wealth Advisors LLC’s holdings in Meta Platforms were worth $1,052,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of META. Brighton Jones LLC raised its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares in the last quarter. 1776 Wealth LLC raised its stake in shares of Meta Platforms by 137.2% in the first quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after acquiring an additional 675 shares in the last quarter. J.Safra Asset Management Corp raised its stake in shares of Meta Platforms by 73.1% in the first quarter. J.Safra Asset Management Corp now owns 4,652 shares of the social networking company’s stock valued at $2,681,000 after acquiring an additional 1,964 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its stake in shares of Meta Platforms by 2.1% in the first quarter. Koshinski Asset Management Inc. now owns 9,887 shares of the social networking company’s stock valued at $5,699,000 after acquiring an additional 201 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Down 2.7%

META opened at $648.35 on Friday. The business’s 50-day simple moving average is $738.28 and its 200-day simple moving average is $697.96. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.98. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a market capitalization of $1.63 trillion, a P/E ratio of 28.64, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter in the previous year, the firm earned $6.03 earnings per share. The business’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date 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 9.28%.

Insider Transactions at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $749.57, for a total transaction of $387,527.69. Following the transaction, the chief operating officer owned 7,958 shares of the company’s stock, valued at $5,965,078.06. This trade represents a 6.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the transaction, the director directly owned 7,947 shares in the company, 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. Over the last 90 days, insiders have sold 198,335 shares of company stock worth $153,047,009. Corporate insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Pivotal Research raised their price target on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Mizuho cut their price target on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. cut their price target on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research note on Thursday. KeyCorp cut their price target on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, BMO Capital Markets raised their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Four equities research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $827.60.

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.