Curio Wealth LLC Purchases 954 Shares of Meta Platforms, Inc. $META

Curio Wealth LLC lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 47,700.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 956 shares of the social networking company’s stock after purchasing an additional 954 shares during the quarter. Curio Wealth LLC’s holdings in Meta Platforms were worth $706,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Evergreen Private Wealth LLC lifted its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms during the first quarter valued at approximately $33,000. Briaud Financial Planning Inc bought a new stake in Meta Platforms during the second quarter valued at approximately $42,000. WFA Asset Management Corp lifted its position in Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new stake in Meta Platforms during the second quarter valued at approximately $54,000. Institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on META shares. Canaccord Genuity Group reiterated a “buy” rating and set a $900.00 target price on shares of Meta Platforms in a research report on Thursday, October 30th. Barclays reduced their price objective on Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Citizens Jmp upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. JPMorgan Chase & Co. lowered their price target on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, Bank of America reduced their price objective on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Meta Platforms Stock Down 1.6%

NASDAQ:META opened at $627.32 on Wednesday. The firm’s 50-day moving average price is $733.43 and its 200-day moving average price is $701.18. The company has a market capitalization of $1.58 trillion, a PE ratio of 27.71, a P/E/G ratio of 1.42 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company’s revenue was up 26.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $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 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 9.28%.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $753.00, for a total transaction of $390,807.00. Following the completion of the sale, the insider owned 27,756 shares of the company’s stock, valued at $20,900,268. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the sale, the director directly owned 7,947 shares of the company’s stock, valued at $5,697,760.59. This trade represents a 5.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 90,609 shares of company stock valued at $69,806,640. 13.61% of the stock is owned by insiders.

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.