Meta Platforms, Inc. $META Shares Sold by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,179 shares of the social networking company’s stock after selling 2,142 shares during the period. Meta Platforms makes up about 1.5% of Exencial Wealth Advisors LLC’s holdings, making the stock its 9th biggest holding. Exencial Wealth Advisors LLC’s holdings in Meta Platforms were worth $43,679,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in META. Csenge Advisory Group lifted its holdings in Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC lifted its holdings in Meta Platforms by 4.5% in the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after acquiring an additional 34 shares during the last quarter. JMG Financial Group Ltd. bought a new position in Meta Platforms in the first quarter worth about $284,000. Infusive Asset Management Inc. lifted its holdings in Meta Platforms by 10.7% in the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after acquiring an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC lifted its holdings in Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after acquiring an additional 109 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the transaction, the insider owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares in the company, valued at $64,343,464.11. This represents a 17.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 198,335 shares of company stock worth $153,047,009 over the last ninety days. Insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

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

Meta Platforms (NASDAQ:META) 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 business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the business earned $6.03 earnings per share. The business’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. On average, 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. Investors of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on META. JPMorgan Chase & Co. cut their target price on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a report on Thursday. KeyCorp cut their target price on shares of Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a report on Thursday. DA Davidson set a $825.00 target price on shares of Meta Platforms in a report on Thursday. Loop Capital reissued a “buy” rating and issued a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Finally, BMO Capital Markets lifted their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $827.60.

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.