AXQ Capital LP Has $254,000 Holdings in Meta Platforms, Inc. $META

AXQ Capital LP trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 63.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 344 shares of the social networking company’s stock after selling 593 shares during the quarter. AXQ Capital LP’s holdings in Meta Platforms were worth $254,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Meta Platforms by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after purchasing an additional 1,532,568 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in shares of Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after buying an additional 59,766,000 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Meta Platforms by 1.3% in the second quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock valued at $37,902,948,000 after buying an additional 682,768 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Meta Platforms by 2.3% in the first quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after buying an additional 400,927 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Aaron Anderson sold 726 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the completion of the transaction, the chief accounting officer owned 6,035 shares in the company, valued at approximately $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,690 shares of the company’s stock in a transaction that occurred 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 sale, the chief technology officer directly owned 2,415 shares of the company’s stock, valued at $1,432,843.65. The trade was a 82.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,923 shares of company stock worth $26,007,416 over the last ninety days. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $640.87 on Tuesday. The firm has a fifty day moving average of $680.90 and a two-hundred day moving average of $706.54. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market capitalization of $1.62 trillion, a price-to-earnings ratio of 28.31, a PEG ratio of 1.36 and a beta of 1.28. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data 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 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 firm’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently declared 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 of this dividend 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 is 9.28%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on META shares. Jefferies Financial Group lowered their price objective on shares of Meta Platforms from $950.00 to $910.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. DA Davidson set a $825.00 price target on shares of Meta Platforms in a research note on Thursday, October 30th. UBS Group raised their price target on shares of Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Mizuho reduced their price objective on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $825.00 price objective (down from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Four research 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 company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $823.93.

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.