Meta Platforms, Inc. $META Shares Sold by Andra AP fonden

Andra AP fonden decreased its position in Meta Platforms, Inc. (NASDAQ:META) by 10.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,589 shares of the social networking company’s stock after selling 11,700 shares during the quarter. Meta Platforms accounts for about 1.0% of Andra AP fonden’s investment portfolio, making the stock its 7th largest holding. Andra AP fonden’s holdings in Meta Platforms were worth $74,244,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares in the last quarter. 1776 Wealth LLC boosted its stake in shares of Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after buying an additional 675 shares during the last quarter. Smart Money Group LLC grew its position in shares of Meta Platforms by 20.4% during the first quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock worth $1,182,000 after buying an additional 348 shares in the last quarter. Finally, Hager Investment Management Services LLC increased its stake in shares of Meta Platforms by 1.4% in the first quarter. Hager Investment Management Services LLC now owns 5,870 shares of the social networking company’s stock worth $3,383,000 after buying an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on META. Sanford C. Bernstein reiterated an “outperform” rating and set a $870.00 price objective (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $825.00 price target (down previously from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Wells Fargo & Company decreased their price target on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Roth Capital reissued a “buy” rating on shares of Meta Platforms in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Activity at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $767.16, for a total value of $398,156.04. Following the sale, the insider owned 30,870 shares of the company’s stock, valued at approximately $23,682,229.20. The trade was a 1.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 13,359 shares of company stock worth $9,689,566 in the last quarter. 13.61% of the stock is owned by company insiders.

Meta Platforms Price Performance

NASDAQ META opened at $609.46 on Monday. The company 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 stock has a market cap of $1.54 trillion, a price-to-earnings ratio of 26.92, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the previous year, the business earned $6.03 EPS. The firm’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 9.28%.

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.