Allen Capital Group LLC Reduces Stock Holdings in Meta Platforms, Inc. $META

Allen Capital Group LLC reduced its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 7.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,445 shares of the social networking company’s stock after selling 1,243 shares during the quarter. Meta Platforms comprises 1.0% of Allen Capital Group LLC’s investment portfolio, making the stock its 27th biggest position. Allen Capital Group LLC’s holdings in Meta Platforms were worth $10,608,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of META. Bare Financial Services Inc purchased a new position in Meta Platforms in the 2nd quarter worth approximately $30,000. Evergreen Private Wealth LLC lifted its holdings in Meta Platforms by 237.5% in 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 period. Briaud Financial Planning Inc purchased a new position in Meta Platforms during the 2nd quarter valued at $42,000. Knuff & Co LLC bought a new position in shares of Meta Platforms in the 2nd quarter worth approximately $44,000. Finally, WFA Asset Management Corp grew its stake in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 2,610 shares of the stock in a transaction dated Saturday, November 15th. The stock was 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 in the company, valued at approximately $5,962,956.64. This represents a 21.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Susan J. Li sold 6,875 shares of the stock in a transaction on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the completion of the transaction, the chief financial officer directly owned 88,370 shares in the company, valued at $53,857,980.20. This trade represents a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 40,115 shares of company stock valued at $24,741,055 over the last ninety days. 13.61% of the stock is owned by insiders.

Meta Platforms Price Performance

NASDAQ:META opened at $604.12 on Wednesday. The firm’s fifty day moving average is $640.33 and its two-hundred day moving average is $698.52. The firm has a market cap of $1.52 trillion, a price-to-earnings ratio of 26.68, a PEG ratio of 1.22 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter last year, the company earned $6.03 EPS. The firm’s revenue for the quarter was up 26.2% compared to the same quarter last year. Research analysts expect 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 Tuesday, December 23rd. Stockholders of record on Monday, December 15th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 15th. Meta Platforms’s payout ratio is 9.28%.

Key Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Threads’ mobile daily users have reportedly passed X, indicating stronger engagement that could help ad monetization and user-growth narrative. Read More.
• Positive Sentiment: Instagram is shifting most ad inventory into Reels (over half of Instagram ads in 2025), supporting the company’s short‑form video monetization strategy. Read More.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on META shares. KeyCorp lowered their price target on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Wall Street Zen downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. JPMorgan Chase & Co. decreased their target price on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $825.00 price objective (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $821.07.

Meta Platforms Company Profile

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.