Dynamic Technology Lab Private Ltd Makes New Investment in Meta Platforms, Inc. $META

Dynamic Technology Lab Private Ltd acquired a new stake in Meta Platforms, Inc. (NASDAQ:METAFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 340 shares of the social networking company’s stock, valued at approximately $251,000.

Other hedge funds have also recently modified their holdings of the company. Howe & Rusling Inc. grew its holdings in Meta Platforms by 1.3% during the second quarter. Howe & Rusling Inc. now owns 40,200 shares of the social networking company’s stock worth $29,671,000 after acquiring an additional 513 shares during the period. 17 Capital Partners LLC boosted its position in Meta Platforms by 0.3% in the 2nd quarter. 17 Capital Partners LLC now owns 44,057 shares of the social networking company’s stock worth $32,518,000 after purchasing an additional 117 shares in the last quarter. Winnow Wealth LLC purchased a new stake in Meta Platforms in the 2nd quarter worth approximately $77,000. Main Management ETF Advisors LLC grew its stake in shares of Meta Platforms by 1.7% during the 2nd quarter. Main Management ETF Advisors LLC now owns 4,398 shares of the social networking company’s stock worth $3,246,000 after purchasing an additional 72 shares during the period. Finally, EFG Asset Management Americas Corp. grew its stake in shares of Meta Platforms by 6.8% during the 2nd quarter. EFG Asset Management Americas Corp. now owns 13,650 shares of the social networking company’s stock worth $10,075,000 after purchasing an additional 873 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

META has been the subject of several analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $870.00 target price (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Barclays decreased their price objective on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Cantor Fitzgerald lowered their target price on shares of Meta Platforms from $830.00 to $720.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 19th. Wells Fargo & Company dropped their target price on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Finally, Bank of America reduced their price target on Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $823.93.

View Our Latest Stock Report on Meta Platforms

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were 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 of the company’s stock, valued at approximately $8,849,413.90. This trade represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $624.14, for a total transaction of $323,928.66. Following the sale, the insider directly owned 31,253 shares of the company’s stock, valued at approximately $19,506,247.42. This represents a 1.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 41,959 shares of company stock worth $26,759,811 over the last 90 days. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Trading Up 2.2%

META stock opened at $647.48 on Friday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The business’s 50-day moving average is $683.38 and its 200 day moving average is $706.23. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.63 trillion, a price-to-earnings ratio of 28.60, a PEG ratio of 1.36 and a beta of 1.20.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business’s revenue was up 26.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders 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 yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

Meta Platforms Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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