759 Meta Platforms, Inc. $META Shares Acquired by Signature Resources Capital Management LLC

Key Points

• Signature Resources Capital Management more than doubled its Meta position in the third quarter, acquiring 759 shares and bringing its total holdings to 1,431 shares valued at approximately $1.04 million.
• Institutional investors own roughly 79.91% of Meta’s stock, while insiders sold 148,331 shares worth about $101.2 million over the past 90 days, including sales by Christopher Cox and Mark Zuckerberg under pre-arranged trading plans.
• Analysts remain broadly positive, giving Meta a consensus rating of “Moderate Buy” and an average price target of $811.24, although the company’s latest quarterly EPS missed estimates despite 28% year-over-year revenue growth.

Signature Resources Capital Management LLC boosted its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 112.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,431 shares of the social networking company's stock after buying an additional 759 shares during the quarter. Signature Resources Capital Management LLC's holdings in Meta Platforms were worth $1,038,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Onyx Bridge Wealth Group LLC raised its holdings in Meta Platforms by 3.9% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 6,225 shares of the social networking company's stock worth $4,515,000 after acquiring an additional 236 shares during the period. Smith Thornton Advisors LLC boosted its holdings in Meta Platforms by 1.2% during the third quarter. Smith Thornton Advisors LLC now owns 5,336 shares of the social networking company's stock valued at $3,869,000 after acquiring an additional 62 shares during the period. Ardent Capital Management Inc. boosted its holdings in Meta Platforms by 1.5% during the third quarter. Ardent Capital Management Inc. now owns 25,024 shares of the social networking company's stock valued at $18,147,000 after acquiring an additional 367 shares during the period. IFP Advisors Inc boosted its holdings in Meta Platforms by 14.3% during the third quarter. IFP Advisors Inc now owns 47,417 shares of the social networking company's stock valued at $34,386,000 after acquiring an additional 5,943 shares during the period. Finally, Elevated Financial Group LLC grew its position in shares of Meta Platforms by 4.4% in the third quarter. Elevated Financial Group LLC now owns 826 shares of the social networking company's stock valued at $599,000 after purchasing an additional 35 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Insider Activity at Meta Platforms

In related news, insider Christopher K. Cox sold 40,000 shares of the business's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the transaction, the insider directly owned 184,516 shares in the company, valued at $131,515,624.16. The trade was a 17.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Zuckerberg sold 27,474 shares of the company's stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $777.44, for a total value of $21,359,386.56. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 148,331 shares of company stock worth $101,233,569. Company insiders own 13.53% of the company's stock.

Analysts Set New Price Targets

META has been the topic of a number of recent analyst reports. Loop Capital lifted their price objective on Meta Platforms from $740.00 to $955.00 and gave the stock a "buy" rating in a research note on Thursday, September 24th. Tigress Financial reissued a "strong-buy" rating and set a $945.00 price objective (down from $995.00) on shares of Meta Platforms in a research report on Thursday, September 24th. Bank of America restated a "buy" rating and set a $810.00 target price on shares of Meta Platforms in a research note on Tuesday, September 22nd. President Capital upgraded Meta Platforms from a "neutral" rating to a "buy" rating and increased their target price for the company from $660.00 to $897.00 in a research note on Thursday, September 24th. Finally, Canaccord Genuity Group raised their target price on Meta Platforms from $930.00 to $950.00 and gave the company a "buy" rating in a report on Friday, September 25th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Meta Platforms presently has an average rating of "Moderate Buy" and a consensus price target of $811.24.

Key Meta Platforms News

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

• Positive Sentiment: Meta’s Muse AI companion reportedly reached 10.9 million U.S. downloads in its first 40 days, putting it among the fastest-growing mobile applications. The adoption supports the view that Meta can use its massive user base to build new advertising, commerce and AI-assistant revenue streams. Muse download article
• Positive Sentiment: Analysts expect higher advertising revenue, stronger AI-driven engagement and increased monetization across Meta’s applications to support the upcoming quarter. Rosenblatt reaffirmed a buy rating and set an $886 price target, implying substantial upside from recent levels. Zacks earnings preview
• Positive Sentiment: Some investors argue Meta is well positioned for the next phase of AI because its social-app ecosystem and roughly 3.5 billion users could protect advertising and commerce revenue as AI assistants become more common. Meta versus Alphabet AI analysis
• Neutral Sentiment: Global affairs chief Joel Kaplan will leave Meta next year after 15 years. The leadership change may alter Meta’s political and regulatory strategy, although the company has not indicated an immediate operational impact. Reuters report on Joel Kaplan
• Negative Sentiment: The central near-term risk is Meta’s AI spending. Investors want evidence that surging infrastructure investment and potential funding needs will produce durable revenue growth without materially weakening margins or shareholder value. Reuters earnings preview
• Negative Sentiment: Shares have declined from their recent high as traders reduce risk before earnings and focus on whether the results and guidance can justify Meta’s premium valuation. The options market is also anticipating a sizable post-earnings move. Investopedia earnings volatility report
• Negative Sentiment: Broader concerns about an AI-stock sell-off, expensive data-center buildouts and possible equity financing are adding pressure to large technology companies, including Meta.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $694.25 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The firm has a fifty day moving average price of $659.90 and a two-hundred day moving average price of $628.23. The company has a market cap of $1.77 trillion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 1.24 and a beta of 1.19.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The company had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same quarter in the prior year, the business earned $7.14 earnings per share. The business's revenue for the quarter was up 28.0% on a year-over-year basis. Analysts expect that Meta Platforms, Inc. will post 27.95 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a $0.5250 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms's dividend payout ratio (DPR) is presently 7.91%.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company's principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.

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