Meta Platforms, Inc. $META Shares Sold by AIMZ Investment Advisors LLC

AIMZ Investment Advisors LLC reduced its position in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 4.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,203 shares of the social networking company’s stock after selling 1,156 shares during the period. Meta Platforms comprises approximately 6.5% of AIMZ Investment Advisors LLC’s holdings, making the stock its largest holding. AIMZ Investment Advisors LLC’s holdings in Meta Platforms were worth $19,340,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. White Pine Capital LLC raised its holdings in shares of Meta Platforms by 64.5% during the second quarter. White Pine Capital LLC now owns 4,464 shares of the social networking company’s stock worth $3,295,000 after purchasing an additional 1,750 shares during the period. Hillsdale Investment Management Inc. grew its position in shares of Meta Platforms by 271.0% during the 2nd quarter. Hillsdale Investment Management Inc. now owns 22,815 shares of the social networking company’s stock valued at $16,840,000 after buying an additional 16,665 shares during the last quarter. Seeds Investor LLC raised its stake in Meta Platforms by 45.2% during the second quarter. Seeds Investor LLC now owns 2,489 shares of the social networking company’s stock worth $1,837,000 after acquiring an additional 775 shares during the period. DNB Asset Management AS lifted its holdings in Meta Platforms by 3.1% in the second quarter. DNB Asset Management AS now owns 1,353,763 shares of the social networking company’s stock worth $999,199,000 after acquiring an additional 40,168 shares during the last quarter. Finally, Wealth Advisors of Iowa LLC boosted its stake in Meta Platforms by 32.5% in the second quarter. Wealth Advisors of Iowa LLC now owns 1,361 shares of the social networking company’s stock valued at $1,004,000 after acquiring an additional 334 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Price Performance

NASDAQ META opened at $647.48 on Monday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a market capitalization of $1.63 trillion, a PE ratio of 28.60, a P/E/G ratio of 1.36 and a beta of 1.28. The company’s 50 day simple moving average is $683.38 and its 200 day simple moving average is $706.56.

Meta Platforms (NASDAQ:METAGet Free Report) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The firm had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

Analyst Ratings Changes

A number of analysts have recently weighed in on META shares. Sanford C. Bernstein reiterated an “outperform” rating and set a $870.00 price target (down from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $825.00 target price (down from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. DA Davidson set a $825.00 target price on Meta Platforms in a research note on Thursday, October 30th. Piper Sandler lowered their price target on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Mizuho cut their price objective on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” 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 assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $823.93.

Get Our Latest Report on META

Insider Activity

In other news, COO Javier Olivan sold 2,610 shares of Meta Platforms stock in a transaction that occurred on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $1,590,690.60. Following the transaction, the chief operating officer owned 9,784 shares of the company’s stock, valued at $5,962,956.64. The trade was a 21.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert M. Kimmitt sold 600 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $609.35, for a total transaction of $365,610.00. Following the completion of the sale, the director owned 7,347 shares in the company, valued at $4,476,894.45. The trade was a 7.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 41,959 shares of company stock valued at $26,759,811 over the last quarter. Insiders own 13.61% of the company’s stock.

Meta Platforms Company 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.

See Also

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

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