Amica Retiree Medical Trust Decreases Stock Position in Meta Platforms, Inc. $META

Amica Retiree Medical Trust lowered its position in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 6.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,497 shares of the social networking company’s stock after selling 234 shares during the period. Meta Platforms comprises approximately 3.7% of Amica Retiree Medical Trust’s holdings, making the stock its 5th largest position. Amica Retiree Medical Trust’s holdings in Meta Platforms were worth $2,581,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Infusive Asset Management Inc. boosted its position in shares of Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after acquiring an additional 2,285 shares during the last quarter. Spirepoint Private Client LLC raised its stake in Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after purchasing an additional 109 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in Meta Platforms by 11.0% during the second quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock valued at $155,387,000 after purchasing an additional 20,912 shares during the last quarter. Stephens Inc. AR grew its stake in shares of Meta Platforms by 5.6% in the 2nd quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company’s stock worth $62,507,000 after buying an additional 4,473 shares in the last quarter. Finally, Motiv8 Investments LLC increased its holdings in shares of Meta Platforms by 11.5% in the 2nd quarter. Motiv8 Investments LLC now owns 2,080 shares of the social networking company’s stock worth $1,535,000 after buying an additional 214 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In related news, CAO Aaron Anderson sold 726 shares of Meta Platforms stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total value of $429,501.60. Following the completion of the sale, the chief accounting officer directly owned 6,035 shares in the company, valued at $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $307,040.40. Following the completion of the sale, the insider directly owned 34,631 shares of the company’s stock, valued at approximately $20,487,699.60. This trade represents a 1.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 41,959 shares of company stock worth $26,906,323 over the last quarter. Insiders own 13.61% of the company’s stock.

Meta Platforms Trading Down 0.2%

Shares of META opened at $589.22 on Friday. The firm has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 26.03, a PEG ratio of 1.24 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a 50-day moving average of $700.89 and a 200 day moving average of $704.88.

Meta Platforms (NASDAQ:METAGet Free Report) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same period last year, the company posted $6.03 earnings per share. The company’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

Analyst Ratings Changes

A number of brokerages recently commented on META. Oppenheimer downgraded shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a report on Thursday, October 30th. DA Davidson set a $825.00 target price on Meta Platforms in a report on Thursday, October 30th. Mizuho decreased their price target on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. JMP Securities raised their price target on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 31st. Finally, Jefferies Financial Group dropped their price objective on shares of Meta Platforms from $950.00 to $910.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $825.05.

View Our Latest Report on Meta Platforms

About Meta Platforms

(Free Report)

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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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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