Capstone Financial Advisors Inc. Sells 448 Shares of Meta Platforms, Inc. $META

Capstone Financial Advisors Inc. decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 16.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,294 shares of the social networking company’s stock after selling 448 shares during the quarter. Capstone Financial Advisors Inc.’s holdings in Meta Platforms were worth $1,693,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Advisors Capital Management LLC lifted its position in shares of Meta Platforms by 261.1% during the second quarter. Advisors Capital Management LLC now owns 41,828 shares of the social networking company’s stock worth $30,873,000 after purchasing an additional 30,244 shares during the last quarter. L & S Advisors Inc lifted its position in shares of Meta Platforms by 18.1% in the 2nd quarter. L & S Advisors Inc now owns 30,359 shares of the social networking company’s stock worth $22,408,000 after purchasing an additional 4,643 shares during the period. WP Advisors LLC boosted its position in Meta Platforms by 5.3% during the 2nd quarter. WP Advisors LLC now owns 36,887 shares of the social networking company’s stock valued at $27,226,000 after acquiring an additional 1,865 shares in the last quarter. Ignite Planners LLC boosted its position in Meta Platforms by 0.7% during the second quarter. Ignite Planners LLC now owns 8,540 shares of the social networking company’s stock valued at $6,015,000 after purchasing an additional 62 shares in the last quarter. Finally, Burling Wealth Partners LLC raised its holdings in Meta Platforms by 16.6% in the second quarter. Burling Wealth Partners LLC now owns 13,853 shares of the social networking company’s stock worth $10,224,000 after purchasing an additional 1,969 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, November 18th. The shares were 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 in the company, valued at approximately $20,487,699.60. The trade was a 1.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $604.23, for a total transaction of $312,386.91. Following the completion of the sale, the chief operating officer owned 15,302 shares in the company, valued at $9,245,927.46. The trade was a 3.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 40,923 shares of company stock valued at $26,126,437. 13.61% of the stock is owned by insiders.

Meta Platforms Trading Up 3.2%

NASDAQ:META opened at $613.05 on Tuesday. The company has a market capitalization of $1.55 trillion, a P/E ratio of 27.08, a PEG ratio of 1.24 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, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm has a fifty day simple moving average of $694.63 and a 200-day simple moving average of $706.53.

Meta Platforms (NASDAQ:META) last issued its earnings results 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 company had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the business posted $6.03 EPS. The firm’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date of this dividend 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 9.28%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on META shares. Loop Capital restated a “buy” rating and issued a $980.00 price target (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Royal Bank Of Canada lowered their target price on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Wells Fargo & Company cut their price target on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Benchmark downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lowered their price objective on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $823.93.

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.