11,400 Shares in Meta Platforms, Inc. $META Purchased by Artemis Wealth Advisors LLC

Artemis Wealth Advisors LLC purchased a new stake in shares of Meta Platforms, Inc. (NASDAQ:META) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 11,400 shares of the social networking company’s stock, valued at approximately $8,414,000. Meta Platforms makes up 1.0% of Artemis Wealth Advisors LLC’s holdings, making the stock its 7th biggest holding.

A number of other large investors have also added to or reduced their stakes in META. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms during the first quarter valued at $33,000. Evergreen Private Wealth LLC grew its stake 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 buying an additional 38 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Meta Platforms in the 2nd quarter worth about $42,000. WFA Asset Management Corp increased its holdings in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares during the last quarter. Finally, Maseco LLP purchased a new stake in shares of Meta Platforms during the 2nd quarter valued at about $54,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 0.1%

NASDAQ META opened at $609.46 on Friday. The company’s 50-day moving average price is $713.72 and its 200-day moving average price is $705.18. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.54 trillion, a PE ratio of 26.92, a PEG ratio of 1.35 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion during the quarter, compared to analyst estimates 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 for the quarter was up 26.2% on a year-over-year basis. During the same quarter last year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Insider Buying and Selling

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total value of $376,923.75. Following the sale, the insider directly owned 31,908 shares of the company’s stock, valued at approximately $23,173,185. This trade represents a 1.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 44,421 shares of company stock valued at $33,573,980 over the last quarter. 13.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

META has been the topic of several analyst reports. Citigroup reduced their price objective on 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 lifted their target price on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Weiss Ratings restated a “buy (b-)” rating on shares of Meta Platforms in a report on Thursday. KeyCorp lowered their price target on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, BMO Capital Markets lifted their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.

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.