Capital Investment Advisors LLC Acquires 871 Shares of Meta Platforms, Inc. $META

Capital Investment Advisors LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,084 shares of the social networking company's stock after acquiring an additional 871 shares during the quarter. Capital Investment Advisors LLC's holdings in Meta Platforms were worth $20,729,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new stake in Meta Platforms during the first quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms during the 1st quarter worth approximately $28,000. Evergreen Private Wealth LLC increased its position in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock worth $40,000 after buying an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms during the first quarter worth $33,000. Finally, Maseco LLP bought a new stake in shares of Meta Platforms in the second quarter valued at about $54,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling

In other news, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction 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 sale, the chief financial officer directly owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the sale, the insider owned 237,205 shares of the company's stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 213,665 shares of company stock valued at $164,584,215 over the last three months. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Down 2.3%

Shares of NASDAQ META opened at $710.56 on Monday. The company has a 50 day simple moving average of $753.21 and a 200 day simple moving average of $676.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm has a market cap of $1.79 trillion, a PE ratio of 25.73, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20.

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 (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company's revenue was up 21.6% on a year-over-year basis. During the same period in the prior year, the company posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders 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 payout ratio is 7.60%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on META. Weiss Ratings reiterated a "buy (b)" rating on shares of Meta Platforms in a research note on Saturday, September 27th. Citizens Jmp boosted their price target on Meta Platforms from $750.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Piper Sandler increased their price target on Meta Platforms from $808.00 to $880.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Royal Bank Of Canada lifted their price objective on Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, Raymond James Financial increased their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a report on Thursday, July 31st. Four 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 stock. According to data from MarketBeat, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus target price of $830.02.

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.

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