Blue Barn Wealth LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 14.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,615 shares of the social networking company’s stock after buying an additional 206 shares during the period. Blue Barn Wealth LLC’s holdings in Meta Platforms were worth $1,192,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of META. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of Meta Platforms by 0.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock valued at $2,587,000 after acquiring an additional 13 shares in the last quarter. Pachira Investments Inc. grew its position in Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after purchasing an additional 14 shares during the period. Hemington Wealth Management increased its stake in Meta Platforms by 0.6% during the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after purchasing an additional 14 shares in the last quarter. Myecfo LLC raised its holdings in Meta Platforms by 2.0% during the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after buying an additional 15 shares during the last quarter. Finally, Shelton Wealth Management LLC lifted its stake in shares of Meta Platforms by 0.9% in the second quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after buying an additional 15 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.
Wall Street Analysts Forecast Growth
META has been the subject of several recent research reports. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Morgan Stanley lifted their price target on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Pivotal Research increased their price objective on Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and raised their target price for the company from $610.00 to $900.00 in a report on Thursday, July 31st. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.
Meta Platforms Trading Down 0.1%
NASDAQ META opened at $609.46 on Friday. The business’s fifty day moving average is $713.72 and its 200-day moving average is $705.18. 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 stock has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 26.92, a PEG ratio of 1.35 and a beta of 1.20. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping 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 business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter last year, the company posted $6.03 earnings per share. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.
Insider Buying and Selling at Meta Platforms
In other news, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the transaction, the director owned 7,947 shares of the company’s stock, valued at $5,697,760.59. This represents a 5.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jennifer Newstead sold 516 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $325,596.00. Following the transaction, the insider owned 26,721 shares of the company’s stock, valued at $16,860,951. The trade was a 1.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 44,421 shares of company stock worth $33,573,980 over the last ninety days. 13.61% of the stock is currently owned by company insiders.
Meta Platforms 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.
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