Parcion Private Wealth LLC Has $3.05 Million Position in Meta Platforms, Inc. $META

Parcion Private Wealth LLC grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,125 shares of the social networking company’s stock after acquiring an additional 188 shares during the period. Parcion Private Wealth LLC’s holdings in Meta Platforms were worth $3,045,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms during the 1st quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the 1st quarter worth about $33,000. Evergreen Private Wealth LLC grew its holdings in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares during the period. Maseco LLP acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at about $54,000. Finally, eCIO Inc. acquired a new stake in shares of Meta Platforms in the 1st quarter valued at about $58,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Meta Platforms stock opened at $648.35 on Friday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company’s 50 day moving average price is $738.28 and its two-hundred day moving average price is $697.96. The company has a quick ratio of 1.97, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.63 trillion, a P/E ratio of 28.64, a P/E/G ratio of 1.38 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its quarterly 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. The company had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. Meta Platforms’s revenue was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued 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 yield of 0.3%. Meta Platforms’s payout ratio is presently 9.28%.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the company’s 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 transaction, the chief operating officer owned 7,958 shares of the company’s stock, valued at approximately $5,965,078.06. This represents a 6.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the transaction, the director directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 198,335 shares of company stock valued at $153,047,009 in the last 90 days. 13.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have recently commented on META shares. JPMorgan Chase & Co. reduced their target price on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research note on Thursday. Citizens Jmp raised their target price on Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Scotiabank raised their target price on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Finally, Benchmark downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday. Four 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $827.60.

Meta Platforms Company 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.