442 Shares in Meta Platforms, Inc. $META Purchased by Altiora Financial Group LLC

Altiora Financial Group LLC bought a new stake in shares of Meta Platforms, Inc. (NASDAQ:META) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 442 shares of the social networking company’s stock, valued at approximately $326,000.

Other hedge funds also recently modified their holdings of the company. WealthShield Partners LLC grew its position in shares of Meta Platforms by 3.4% during the 2nd quarter. WealthShield Partners LLC now owns 10,719 shares of the social networking company’s stock worth $7,912,000 after buying an additional 352 shares during the period. Capco Asset Management LLC acquired a new stake in Meta Platforms during the 2nd quarter worth $106,000. Pinnbrook Capital Management LP bought a new stake in shares of Meta Platforms during the 2nd quarter valued at $11,125,000. OmniStar Financial Group Inc. lifted its stake in shares of Meta Platforms by 3.4% in the 2nd quarter. OmniStar Financial Group Inc. now owns 482 shares of the social networking company’s stock valued at $356,000 after purchasing an additional 16 shares during the period. Finally, Meridian Wealth Management LLC boosted its position in shares of Meta Platforms by 6.5% in the 2nd quarter. Meridian Wealth Management LLC now owns 34,632 shares of the social networking company’s stock worth $25,562,000 after purchasing an additional 2,112 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

META stock opened at $636.22 on Wednesday. The stock has a 50-day moving average price of $691.78 and a two-hundred day moving average price of $706.84. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The stock has a market cap of $1.60 trillion, a PE ratio of 28.10, a price-to-earnings-growth ratio of 1.28 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 posted its quarterly earnings data 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 business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period last year, the company earned $6.03 earnings per share. Meta Platforms’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 9.28%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. TD Cowen dropped their price objective on Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Monness Crespi & Hardt decreased their target price on Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. JPMorgan Chase & Co. lowered their price target on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. BNP Paribas began coverage on shares of Meta Platforms in a research note on Monday. They set an “outperform” rating and a $800.00 price objective on the stock. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $825.00 target price (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $823.93.

Insiders Place Their Bets

In other news, insider Jennifer Newstead sold 519 shares of the stock in a transaction dated 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 transaction, the insider directly owned 34,631 shares in the company, valued at $20,487,699.60. This represents a 1.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Aaron Anderson sold 726 shares of Meta Platforms stock in a transaction dated Tuesday, November 18th. The shares were 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 approximately $3,570,306. This represents a 10.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 40,923 shares of company stock valued at $26,126,437 over the last 90 days. 13.61% of the stock is currently owned by company insiders.

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.