Blue Rock Wealth Management LLC Purchases New Holdings in Meta Platforms, Inc. $META

Key Points

• Blue Rock Wealth Management LLC invested approximately $506,000 in Meta Platforms, acquiring 878 shares during the first quarter.
• Other institutional investors, including GAMMA Investing LLC and Goldman Sachs Group Inc., significantly increased their stakes in Meta Platforms, reflecting heightened investor interest.
• Research firms have varied ratings on Meta, with recent price targets ranging from $800 to $920, indicating a strong market sentiment towards the stock.

Blue Rock Wealth Management LLC purchased a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 878 shares of the social networking company's stock, valued at approximately $506,000.

A number of other institutional investors also recently modified their holdings of the business. GAMMA Investing LLC lifted its stake in Meta Platforms by 67,172.9% in the 1st quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock worth $13,517,178,000 after purchasing an additional 23,417,803 shares in the last quarter. Invesco Ltd. lifted its stake in 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 purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in 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 worth $7,229,553,000 after purchasing an additional 536,160 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Meta Platforms by 2.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,007,308 shares of the social networking company's stock worth $7,030,399,000 after purchasing an additional 280,357 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $755.65, for a total value of $390,671.05. Following the sale, the chief operating officer owned 11,577 shares of the company's stock, valued at $8,748,160.05. This trade represents a 4.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $757.50, for a total transaction of $393,142.50. Following the completion of the sale, the insider directly owned 31,389 shares in the company, valued at approximately $23,777,167.50. This trade represents a 1.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 283,280 shares of company stock worth $214,119,908 in the last quarter. Insiders own 13.61% of the company's stock.

Meta Platforms Trading Up 0.6%

Shares of META stock traded up $4.69 on Friday, hitting $755.59. 8,240,448 shares of the company's stock traded hands, compared to its average volume of 9,776,048. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company's fifty day simple moving average is $741.83 and its 200 day simple moving average is $661.92. The stock has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 27.36, a P/E/G ratio of 1.55 and a beta of 1.24.

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

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be issued 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 is Monday, September 22nd. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Wall Street Analyst Weigh In

Several research firms have issued reports on META. Robert W. Baird increased their target price on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 2nd. Loop Capital reissued a "buy" rating and issued a $980.00 price target (up previously from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. UBS Group increased their price target on shares of Meta Platforms from $812.00 to $897.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Sanford C. Bernstein increased their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Guggenheim reissued a "buy" rating and issued a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and an average price target 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.