Meta Platforms, Inc. $META Shares Acquired by Integrity Alliance LLC.

Key Points

• Integrity Alliance LLC significantly increased its holdings in Meta Platforms, acquiring an additional 21,968 shares, bringing its total to 23,720 shares valued at $13.67 million.
• Institutional investors now own nearly 80% of Meta Platforms' shares, with various firms raising their stakes during the fourth quarter.
• Meta Platforms recently reported earnings of $7.14 per share, exceeding estimates, and set a guidance for the current year of $26.7 EPS.

Integrity Alliance LLC. increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1,253.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,720 shares of the social networking company's stock after purchasing an additional 21,968 shares during the period. Integrity Alliance LLC.'s holdings in Meta Platforms were worth $13,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in META. Brighton Jones LLC boosted 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 purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Meta Platforms by 10.2% in 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 in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in Meta Platforms by 3.5% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company's stock worth $129,666,000 after buying an additional 7,587 shares in the last quarter. Highview Capital Management LLC DE lifted its holdings in Meta Platforms by 3.7% in the 4th quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company's stock worth $3,624,000 after buying an additional 218 shares in the last quarter. Finally, Triumph Capital Management lifted its holdings in Meta Platforms by 6.0% in the 4th quarter. Triumph Capital Management now owns 1,846 shares of the social networking company's stock worth $1,081,000 after buying an additional 105 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer owned 84,141 shares of the company's stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 283,280 shares of company stock worth $214,119,908 over the last three months. Corporate insiders own 13.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on META shares. HSBC upgraded shares of Meta Platforms from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Sanford C. Bernstein boosted their price objective 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. Oppenheimer boosted their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. KeyCorp boosted their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $822.41.

Meta Platforms Stock Performance

META traded up $4.69 on Friday, hitting $755.59. 8,240,448 shares of the company's stock were exchanged, compared to its average volume of 14,752,120. The firm has a market cap of $1.90 trillion, a PE ratio of 27.36, a P/E/G ratio of 1.55 and a beta of 1.24. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock has a fifty day moving average of $741.05 and a two-hundred day moving average of $661.24. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.

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

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be given a $0.525 dividend. The ex-dividend date is Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's dividend payout ratio is 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.