Advisory Alpha LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 13.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 9,530 shares of the social networking company’s stock after purchasing an additional 1,095 shares during the period. Advisory Alpha LLC’s holdings in Meta Platforms were worth $7,035,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Evergreen Private Wealth LLC boosted 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 worth $40,000 after purchasing an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms during the 1st quarter worth about $33,000. Briaud Financial Planning Inc bought a new stake in shares of Meta Platforms during the 2nd quarter worth about $42,000. WFA Asset Management Corp grew its stake in Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after buying an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new position in Meta Platforms in the 2nd quarter valued at about $54,000. Institutional investors own 79.91% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. Cantor Fitzgerald reduced their price objective on Meta Platforms from $920.00 to $830.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Sanford C. Bernstein restated an “outperform” rating and issued a $870.00 price target (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Stifel Nicolaus decreased their price objective on Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Canaccord Genuity Group reissued a “buy” rating and set a $900.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Four 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.
Meta Platforms Trading Up 0.4%
META opened at $621.71 on Friday. The stock has a market capitalization of $1.56 trillion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 1.37 and a beta of 1.20. 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 twelve month low of $479.80 and a twelve month high of $796.25. The company has a 50-day simple moving average of $726.22 and a 200 day simple moving average of $701.11.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate of $6.74 by $0.51. The company had revenue of $51.24 billion during 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 business’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period in the previous year, the company earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Announces Dividend
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 $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $628.00, for a total value of $325,932.00. Following the transaction, the insider owned 27,237 shares in the company, valued at $17,104,836. The trade was a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the transaction, the director directly owned 7,947 shares of the company’s stock, 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. In the last quarter, insiders have sold 75,798 shares of company stock valued at $58,347,026. 13.61% of the stock is currently owned by corporate 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.
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