Brown Wealth Management LLC Acquires 154 Shares of Meta Platforms, Inc. $META

Brown Wealth Management LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META) by 22.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 846 shares of the social networking company’s stock after acquiring an additional 154 shares during the period. Brown Wealth Management LLC’s holdings in Meta Platforms were worth $624,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Evergreen Private Wealth LLC lifted its stake in shares of Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the first quarter worth approximately $33,000. Briaud Financial Planning Inc bought a new stake in shares of Meta Platforms during the second quarter worth approximately $42,000. WFA Asset Management Corp grew its position in shares of Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new position in shares of Meta Platforms during the second quarter worth approximately $54,000. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $598.54, for a total value of $309,445.18. Following the transaction, the chief operating officer directly owned 14,785 shares in the company, valued at $8,849,413.90. This trade represents a 3.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Andrew Bosworth sold 11,690 shares of the firm’s stock in a transaction 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 directly owned 2,415 shares in the company, valued at $1,432,843.65. This trade represents a 82.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 41,959 shares of company stock worth $26,759,811 over the last ninety days. 13.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

META has been the subject of several recent research reports. Stifel Nicolaus decreased their price objective on Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. JPMorgan Chase & Co. reduced their target price on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Loop Capital reaffirmed a “buy” rating and set a $980.00 price target (up from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Citigroup dropped their price objective on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, Barclays decreased their target price on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $823.93.

Meta Platforms Price Performance

Meta Platforms stock opened at $647.48 on Friday. The stock has a 50-day moving average price of $683.38 and a two-hundred day moving average price of $705.88. 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 $1.63 trillion, a PE ratio of 28.60, a P/E/G ratio of 1.33 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 issued its quarterly 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. The company 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%. Meta Platforms’s revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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