Chemistry Wealth Management LLC Purchases 412 Shares of Meta Platforms, Inc. $META

Chemistry Wealth Management LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,040 shares of the social networking company's stock after purchasing an additional 412 shares during the period. Meta Platforms comprises about 3.3% of Chemistry Wealth Management LLC's investment portfolio, making the stock its 8th largest position. Chemistry Wealth Management LLC's holdings in Meta Platforms were worth $15,529,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lantern Wealth Advisors LLC boosted its position in shares of Meta Platforms by 0.5% during the fourth quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company's stock valued at $1,743,000 after buying an additional 14 shares during the last quarter. ABLE Financial Group LLC lifted its stake in Meta Platforms by 0.7% during the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock valued at $1,251,000 after acquiring an additional 15 shares in the last quarter. Cedar Point Capital Partners LLC boosted its holdings in Meta Platforms by 2.2% during the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company's stock worth $433,000 after acquiring an additional 16 shares during the last quarter. Mosaic Family Wealth Partners LLC grew its stake in shares of Meta Platforms by 1.2% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company's stock worth $840,000 after acquiring an additional 17 shares in the last quarter. Finally, Orin Green Financial LLC raised its holdings in shares of Meta Platforms by 2.2% in the fourth quarter. Orin Green Financial LLC now owns 795 shares of the social networking company's stock valued at $465,000 after purchasing an additional 17 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Trading Up 1.2%

Shares of META opened at $764.70 on Tuesday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The business has a 50-day moving average of $742.75 and a 200 day moving average of $662.53. The firm has a market cap of $1.92 trillion, a P/E ratio of 27.69, a price-to-earnings-growth ratio of 1.56 and a beta of 1.24. 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 (NASDAQ:META - Get Free Report) last issued its 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 during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company's quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, September 22nd. Meta Platforms's payout ratio is currently 7.60%.

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $755.65, for a total transaction of $390,671.05. Following the sale, the chief operating officer owned 11,577 shares of the company's stock, valued at approximately $8,748,160.05. This represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares of the company's stock, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 259,674 shares of company stock worth $197,549,274. 13.61% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on META shares. Sanford C. Bernstein upped their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Citizens Jmp upped their target price on Meta Platforms from $750.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. HSBC raised Meta Platforms from a "hold" rating to a "buy" rating and increased their price target for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Monness Crespi & Hardt boosted their price objective on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, BMO Capital Markets raised their target price on Meta Platforms from $610.00 to $710.00 and gave the company a "market perform" rating in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Meta Platforms has a consensus rating of "Moderate Buy" and an average price target of $822.41.

Meta Platforms Company Profile

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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