Meta Platforms, Inc. $META is Cozad Asset Management Inc.’s 10th Largest Position

Cozad Asset Management Inc. boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,218 shares of the social networking company’s stock after purchasing an additional 1,061 shares during the period. Meta Platforms comprises approximately 1.6% of Cozad Asset Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Cozad Asset Management Inc.’s holdings in Meta Platforms were worth $17,875,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in 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 worth $2,587,000 after acquiring an additional 13 shares during the period. Pachira Investments Inc. lifted its holdings in Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after acquiring an additional 14 shares during the period. Hemington Wealth Management boosted its position in Meta Platforms by 0.6% in the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock worth $1,641,000 after purchasing an additional 14 shares in the last quarter. Myecfo LLC grew its stake in shares of Meta Platforms by 2.0% during the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after purchasing an additional 15 shares during the period. Finally, Shelton Wealth Management LLC increased its holdings in shares of Meta Platforms by 0.9% during the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after purchasing an additional 15 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $640.87 on Tuesday. The stock has a market capitalization of $1.62 trillion, a P/E ratio of 28.31, a PEG ratio of 1.36 and a beta of 1.28. The business has a 50 day simple moving average of $680.90 and a two-hundred day simple moving average of $706.54. 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.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping 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 firm had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same period in the previous year, the business earned $6.03 earnings per share. The firm’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given 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 was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 9.28%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Benchmark downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. DA Davidson set a $825.00 target price on Meta Platforms in a research report on Thursday, October 30th. Canaccord Genuity Group restated a “buy” rating and issued a $900.00 price target on shares of Meta Platforms in a research note on Thursday, October 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a research report on Tuesday, November 25th. Finally, BNP Paribas started coverage on Meta Platforms in a research report on Monday, November 24th. They issued an “outperform” rating and a $800.00 price objective for the company. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average target price of $823.93.

Insider Transactions at Meta Platforms

In related news, COO Javier Olivan sold 2,610 shares of the company’s stock in a transaction dated Saturday, November 15th. The shares were sold at an average price of $609.46, for a total transaction of $1,590,690.60. Following the completion of the sale, the chief operating officer owned 9,784 shares of the company’s stock, valued at approximately $5,962,956.64. This represents a 21.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Susan J. Li sold 6,875 shares of the stock in a transaction dated 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 sale, the chief financial officer owned 88,370 shares of the company’s stock, valued at approximately $53,857,980.20. The trade was a 7.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 40,923 shares of company stock valued at $26,007,416. Company insiders own 13.61% of the company’s stock.

About Meta Platforms

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.