Advisory Alpha LLC Acquires 1,516 Shares of Meta Platforms, Inc. $META

Key Points

• Advisory Alpha LLC increased its holdings in Meta Platforms by 21.9%, acquiring an additional 1,516 shares, bringing their total ownership to 8,435 shares valued at approximately $4.86 million.
• CEO Mark Zuckerberg sold 15,847 shares of Meta stock for over $11.9 million, while CFO Susan J. Li sold 18,332 shares valued at around $14 million, indicating active insider trading.
• Meta Platforms reported earnings of $7.14 per share for the last quarter, exceeding analysts' expectations, with revenue of $47.52 billion, up 21.6% year-over-year.

Advisory Alpha LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 21.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,435 shares of the social networking company's stock after acquiring an additional 1,516 shares during the period. Advisory Alpha LLC's holdings in Meta Platforms were worth $4,862,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms in the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms in the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms in the first quarter valued at about $33,000. JCIC Asset Management Inc. lifted its holdings in shares of Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after purchasing an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. bought a new stake in shares of Meta Platforms in the fourth quarter valued at about $47,000. 79.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. The trade was a 17.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 290,046 shares of company stock valued at $218,812,787 over the last 90 days. 13.61% of the stock is currently owned by insiders.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $752.30 on Tuesday. The business's 50 day moving average price is $738.68 and its two-hundred day moving average price is $659.29. The company has a market cap of $1.89 trillion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business's revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on META shares. Needham & Company LLC upgraded Meta Platforms from an "underperform" rating to a "hold" rating in a report on Thursday, July 3rd. Citizens Jmp boosted their price target on Meta Platforms from $750.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. UBS Group upped their target price on Meta Platforms from $812.00 to $897.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. BMO Capital Markets upped their target price on Meta Platforms from $610.00 to $710.00 and gave the stock a "market perform" rating in a report on Thursday, July 31st. Finally, HSBC upgraded Meta Platforms from a "hold" rating to a "buy" rating and upped their target price for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $822.41.

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.

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.