Diversified Enterprises LLC Cuts Stake in Meta Platforms, Inc. $META

Key Points

• Diversified Enterprises LLC has reduced its stake in Meta Platforms, Inc. by 11.1%, holding 4,335 shares worth approximately $3.2 million following the sale of 541 shares during the second quarter.
• Insider Christopher K. Cox sold 60,000 shares for a total of $46.56 million, representing a 20.19% decrease in his position, while CFO Susan J. Li reduced her stake by 17.89%.
• Meta Platforms reported robust quarterly earnings with a 21.6% year-over-year revenue increase, achieving $7.14 EPS against forecasts of $5.75 EPS, and guidance for Q3 2025 has elevated expectations among analysts.

Diversified Enterprises LLC lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 11.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,335 shares of the social networking company's stock after selling 541 shares during the quarter. Diversified Enterprises LLC's holdings in Meta Platforms were worth $3,200,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of META. Brighton Jones LLC raised its position in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after buying an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Triangle Securities Wealth Management raised its position in Meta Platforms by 1.5% during the 1st quarter. Triangle Securities Wealth Management now owns 4,741 shares of the social networking company's stock worth $2,733,000 after buying an additional 68 shares during the last quarter. Apella Capital LLC raised its position in Meta Platforms by 40.6% during the 1st quarter. Apella Capital LLC now owns 3,560 shares of the social networking company's stock worth $2,085,000 after buying an additional 1,028 shares during the last quarter. Finally, Accel Wealth Management grew its stake in shares of Meta Platforms by 9.9% during the 1st quarter. Accel Wealth Management now owns 791 shares of the social networking company's stock worth $456,000 after purchasing an additional 71 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insider Activity at Meta Platforms

In other news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the transaction, the insider directly owned 237,205 shares in the company, valued at $184,059,219.75. This represents a 20.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 213,663 shares of company stock valued at $164,570,329. Insiders own 13.61% of the company's stock.

Meta Platforms Price Performance

NASDAQ:META opened at $717.34 on Thursday. The firm has a market cap of $1.80 trillion, a price-to-earnings ratio of 25.97, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company's 50-day moving average is $753.01 and its two-hundred day moving average is $673.09. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion for 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 firm's quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the prior year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms's dividend payout ratio is presently 7.60%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on META shares. Sanford C. Bernstein upped their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Bank of America upped their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. TD Cowen upped their price target on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Benchmark upped their price target on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Zacks Research cut shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus target price of $830.02.

Meta Platforms 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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