281 Shares in Meta Platforms, Inc. $META Purchased by Entrewealth LLC

Entrewealth LLC purchased a new stake in Meta Platforms, Inc. (NASDAQ:METAFree Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 281 shares of the social networking company’s stock, valued at approximately $207,000.

Other large investors also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC increased its holdings 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. Invesco Ltd. grew its holdings in shares of Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after acquiring an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after purchasing an additional 1,255,546 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Meta Platforms by 4.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock valued at $7,229,553,000 after purchasing an additional 536,160 shares during the period. Finally, Wellington Management Group LLP increased its stake in Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after purchasing an additional 247,850 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Cantor Fitzgerald reduced their price objective on shares of Meta Platforms from $920.00 to $830.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Wedbush reaffirmed an “outperform” rating and issued a $920.00 price objective on shares of Meta Platforms in a research note on Thursday, October 30th. DA Davidson set a $825.00 target price on shares of Meta Platforms in a research note on Thursday, October 30th. JMP Securities increased their target price on Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. Finally, BMO Capital Markets lifted their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $827.60.

View Our Latest Research Report on META

Meta Platforms Stock Down 0.1%

META opened at $609.46 on Monday. The company has a market capitalization of $1.54 trillion, a PE ratio of 26.92, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The business has a 50-day moving average of $713.72 and a 200-day moving average of $706.28.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter in the previous year, the business posted $6.03 EPS. 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 forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date 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 (DPR) is currently 9.28%.

Insider Activity at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $326,227.00. Following the completion of the sale, the chief operating officer owned 6,924 shares of the company’s stock, valued at $4,369,044. The trade was a 6.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jennifer Newstead sold 516 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $325,596.00. Following the sale, the insider owned 26,721 shares of the company’s stock, valued at approximately $16,860,951. This trade represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 13,359 shares of company stock valued at $9,689,566. 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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