Foundations Investment Advisors LLC Buys 683 Shares of Meta Platforms, Inc. $META

Foundations Investment Advisors LLC lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,316 shares of the social networking company’s stock after acquiring an additional 683 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Meta Platforms were worth $45,995,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in META. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Meta Platforms by 0.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock valued at $2,587,000 after buying an additional 13 shares during the last quarter. Pachira Investments Inc. grew its stake in shares of Meta Platforms by 3.0% during the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after purchasing an additional 14 shares during the period. Hemington Wealth Management increased its position in shares of Meta Platforms by 0.6% during the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after purchasing an additional 14 shares during the last quarter. Myecfo LLC increased its position in shares of Meta Platforms by 2.0% during the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after purchasing an additional 15 shares during the last quarter. Finally, Shelton Wealth Management LLC lifted its stake in shares of Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock worth $1,302,000 after purchasing an additional 15 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, COO Javier Olivan sold 2,610 shares of Meta Platforms stock in a transaction dated Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $1,590,690.60. Following the sale, the chief operating officer directly owned 9,784 shares of the company’s stock, valued at approximately $5,962,956.64. The trade was a 21.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Aaron Anderson sold 726 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total value of $429,501.60. Following the transaction, the chief accounting officer directly owned 6,035 shares of the company’s stock, valued at approximately $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 40,923 shares of company stock valued at $26,126,437. 13.61% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

META has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Meta Platforms in a report on Thursday, November 13th. Oppenheimer downgraded Meta Platforms from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 30th. Cantor Fitzgerald reduced their price target on Meta Platforms from $830.00 to $720.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. Citizens Jmp raised their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, 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. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $823.93.

Meta Platforms Stock Up 3.2%

Shares of META opened at $613.05 on Tuesday. The business’s 50 day moving average is $694.63 and its 200 day moving average is $706.53. 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 company 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 (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $49.34 billion. During the same period last year, the firm posted $6.03 EPS. The company’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business 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 dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio 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.