Arcadia Investment Management Corp MI Buys 2,290 Shares of Meta Platforms, Inc. $META

Arcadia Investment Management Corp MI raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 66.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,739 shares of the social networking company’s stock after acquiring an additional 2,290 shares during the quarter. Arcadia Investment Management Corp MI’s holdings in Meta Platforms were worth $4,236,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in META. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms in the 1st quarter valued at $33,000. Evergreen Private Wealth LLC boosted its position in shares of Meta Platforms by 237.5% in the second 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 period. Briaud Financial Planning Inc acquired a new position in shares of Meta Platforms in the second quarter valued at about $42,000. WFA Asset Management Corp increased its position in Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after acquiring an additional 20 shares during the period. Finally, Maseco LLP bought a new position in Meta Platforms during the second quarter worth about $54,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 3.2%

Shares of Meta Platforms stock opened at $613.05 on Tuesday. The firm’s 50 day moving average is $694.63 and its 200 day moving average is $706.53. The firm has a market capitalization of $1.55 trillion, a PE ratio of 27.08, a price-to-earnings-growth ratio of 1.24 and a beta of 1.20. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. 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 issued its earnings results 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 firm had revenue of $51.24 billion for 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 company’s quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter last year, the business posted $6.03 earnings per share. 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 fiscal year.

Meta Platforms Dividend Announcement

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

Insiders Place Their Bets

In other news, CAO Aaron Anderson sold 726 shares of the business’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 $429,501.60. Following the sale, the chief accounting officer directly owned 6,035 shares in the company, valued at approximately $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,690 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $593.31, for a total transaction of $6,935,793.90. Following the completion of the transaction, the chief technology officer owned 2,415 shares of the company’s stock, valued at approximately $1,432,843.65. This trade represents a 82.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 40,923 shares of company stock worth $26,126,437. Company insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

META has been the subject of a number of recent research reports. Sanford C. Bernstein reissued an “outperform” rating and issued a $870.00 price objective (down previously from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Canaccord Genuity Group reiterated a “buy” rating and issued a $900.00 price target on shares of Meta Platforms in a research report on Thursday, October 30th. Zacks Research downgraded Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Weiss Ratings restated a “buy (b-)” rating on shares of Meta Platforms in a research note on Thursday, November 13th. Finally, Wedbush reiterated an “outperform” rating and set a $920.00 target price on shares of Meta Platforms in a research report on Thursday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus price target of $823.93.

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.