Clare Market Investments LLC Has $21.94 Million Stock Position in Meta Platforms, Inc. $META

Key Points

• Clare Market Investments LLC increased its stake in Meta Platforms by 13.1% in Q2, bringing their total holding to nearly $21.94 million.
• Insiders at Meta Platforms, including CFO Susan J. Li, sold a total of 257,405 shares worth approximately $196 million in the past three months.
• Meta Platforms reported strong earnings for Q2, with an EPS of $7.14, exceeding expectations, and a revenue increase of 21.6% year-over-year.

Clare Market Investments LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,721 shares of the social networking company's stock after acquiring an additional 3,437 shares during the quarter. Meta Platforms accounts for 4.8% of Clare Market Investments LLC's portfolio, making the stock its 4th largest holding. Clare Market Investments LLC's holdings in Meta Platforms were worth $21,937,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. CWC Advisors LLC. boosted its stake in shares of Meta Platforms by 10.0% during the 2nd quarter. CWC Advisors LLC. now owns 1,223 shares of the social networking company's stock worth $903,000 after acquiring an additional 111 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. bought a new stake in shares of Meta Platforms during the 2nd quarter worth $210,000. Oldfather Financial Services LLC bought a new stake in shares of Meta Platforms during the 2nd quarter worth $204,000. Kozak & Associates Inc. boosted its stake in shares of Meta Platforms by 4.8% during the 2nd quarter. Kozak & Associates Inc. now owns 1,899 shares of the social networking company's stock worth $1,392,000 after acquiring an additional 87 shares in the last quarter. Finally, Voisard Asset Management Group Inc. boosted its position in shares of Meta Platforms by 10.4% in the second quarter. Voisard Asset Management Group Inc. now owns 952 shares of the social networking company's stock worth $703,000 after buying an additional 90 shares during the period. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction dated 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 completion of the transaction, the insider owned 237,205 shares in the company, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares of the company's stock, 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. Over the last three months, insiders sold 257,405 shares of company stock worth $196,059,438. 13.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

META has been the subject of several recent analyst reports. Canaccord Genuity Group raised their target price on Meta Platforms from $825.00 to $850.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. JMP Securities raised their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a "market outperform" rating in a research report on Thursday, July 31st. Guggenheim reaffirmed a "buy" rating and issued a $800.00 target price (up previously from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Truist Financial set a $880.00 target price on Meta Platforms in a research report on Thursday. Finally, Pivotal Research lifted their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Three 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 stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $826.05.

Meta Platforms Stock Down 0.2%

NASDAQ:META opened at $778.38 on Monday. The stock's fifty day moving average price is $747.06 and its two-hundred day moving average price is $666.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of $1.96 trillion, a price-to-earnings ratio of 28.18, a P/E/G ratio of 1.62 and a beta of 1.24. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The business 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 firm's revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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

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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