Strategic Blueprint LLC Sells 855 Shares of Meta Platforms, Inc. $META

Strategic Blueprint LLC lessened its holdings in Meta Platforms, Inc. (NASDAQ:META) by 6.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,521 shares of the social networking company’s stock after selling 855 shares during the quarter. Strategic Blueprint LLC’s holdings in Meta Platforms were worth $8,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of META. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the 1st quarter valued at $33,000. Evergreen Private Wealth LLC raised its holdings in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the period. Maseco LLP bought a new stake in shares of Meta Platforms in the 2nd quarter worth approximately $54,000. eCIO Inc. bought a new stake in shares of Meta Platforms in the 1st quarter worth approximately $58,000. Finally, Olde Wealth Management LLC bought a new stake in shares of Meta Platforms in the 1st quarter worth approximately $59,000. Institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on META shares. TD Cowen lowered their price target on shares of Meta Platforms from $875.00 to $810.00 and set a “buy” rating on the stock in a report on Thursday. Mizuho lowered their price target on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a report on Thursday. Royal Bank Of Canada lowered their price target on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating on the stock in a report on Thursday. Truist Financial lowered their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Guggenheim reaffirmed a “buy” rating and issued a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $827.60.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 2,612 shares of the company’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $782.13, for a total value of $2,042,923.56. Following the transaction, the chief operating officer owned 7,609 shares of the company’s stock, valued at approximately $5,951,227.17. This represents a 25.56% 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, insider Christopher K. Cox sold 60,000 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 237,205 shares in the company, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 181,971 shares of company stock valued at $140,461,589. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Stock Down 2.7%

Shares of NASDAQ META opened at $648.35 on Monday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The business has a 50-day simple moving average of $738.28 and a two-hundred day simple moving average of $699.34. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. 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:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter last year, the company earned $6.03 EPS. The firm’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share 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. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 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.