Entrewealth LLC Takes $207,000 Position in Meta Platforms, Inc. $META

Entrewealth LLC bought a new position in shares of Meta Platforms, Inc. (NASDAQ:META) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 281 shares of the social networking company’s stock, valued at approximately $207,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms during the first quarter worth approximately $33,000. Evergreen Private Wealth LLC boosted its stake in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in Meta Platforms during the 2nd quarter worth $42,000. WFA Asset Management Corp increased its position 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 purchasing an additional 20 shares during the last quarter. Finally, Maseco LLP acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at about $54,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $767.16, for a total transaction of $398,156.04. Following the transaction, the insider owned 30,870 shares of the company’s stock, valued at approximately $23,682,229.20. This trade represents a 1.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have sold 13,359 shares of company stock valued at $9,689,566. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Trading Down 0.1%

Meta Platforms stock opened at $609.46 on Monday. The firm has a 50-day moving average price of $713.72 and a two-hundred day moving average price of $706.28. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 26.92, a PEG ratio of 1.35 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 (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $49.34 billion. During the same period in the prior year, the company posted $6.03 EPS. The business’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed 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 of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 9.28%.

Analysts Set New Price Targets

Several brokerages recently weighed in on META. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and boosted their price objective for the company from $610.00 to $900.00 in a report on Thursday, July 31st. 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. Royal Bank Of Canada dropped their target price on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a report on Tuesday, October 14th. Finally, Zacks Research raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms presently 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.