Meta Platforms, Inc. $META is Shaker Investments LLC OH’s 8th Largest Position

Shaker Investments LLC OH decreased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 41.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,479 shares of the social networking company’s stock after selling 4,500 shares during the quarter. Meta Platforms comprises 2.0% of Shaker Investments LLC OH’s investment portfolio, making the stock its 8th largest holding. Shaker Investments LLC OH’s holdings in Meta Platforms were worth $4,782,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of META. Pachira Investments Inc. increased its stake in Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after buying an additional 14 shares during the period. Hemington Wealth Management increased its stake in Meta Platforms by 0.6% in the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after buying an additional 14 shares during the period. Myecfo LLC increased its stake in Meta Platforms by 2.0% in the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after buying an additional 15 shares during the period. Shelton Wealth Management LLC increased its stake in Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after buying an additional 15 shares during the period. Finally, Kooman & Associates increased its stake in Meta Platforms by 2.8% in the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock valued at $402,000 after buying an additional 15 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on META. Zacks Research raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Citigroup dropped their price objective on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Morgan Stanley boosted their price objective on shares of Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. The Goldman Sachs Group reissued a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Finally, JMP Securities boosted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” 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 assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Meta Platforms Stock Performance

NASDAQ:META opened at $627.32 on Wednesday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The stock has a market cap of $1.58 trillion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20. The firm’s fifty day simple moving average is $733.43 and its 200-day simple moving average is $701.18.

Meta Platforms (NASDAQ:META) last issued 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. The firm 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%. The firm’s revenue was up 26.2% on a year-over-year basis. During the same period in the prior year, the company earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $753.00, for a total value of $390,807.00. Following the sale, the insider directly owned 27,756 shares of the company’s stock, valued at approximately $20,900,268. This represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 90,609 shares of company stock valued at $69,806,640. Insiders own 13.61% of the company’s stock.

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.