J. Safra Sarasin Holding AG Decreases Position in Meta Platforms, Inc. $META

Key Points

• J. Safra Sarasin Holding AG reduced its stake in Meta Platforms, Inc. by 5.5% in the second quarter, now holding 122,938 shares worth approximately $90.7 million.
• Insider sales included CFO Susan J. Li selling 18,332 shares worth over $14 million and CEO Mark Zuckerberg selling 15,847 shares totaling around $12.2 million.
• Meta Platforms reported earnings per share of $7.14 in the last quarter, exceeding estimates, with revenue hitting $47.52 billion, a 21.6% increase year-over-year.

J. Safra Sarasin Holding AG reduced its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 5.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,938 shares of the social networking company's stock after selling 7,089 shares during the period. Meta Platforms comprises 1.6% of J. Safra Sarasin Holding AG's investment portfolio, making the stock its 12th largest position. J. Safra Sarasin Holding AG's holdings in Meta Platforms were worth $90,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in META. Inlight Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Meta Platforms during the 1st quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the first quarter valued at $33,000. Evergreen Private Wealth LLC boosted its stake in shares of Meta Platforms by 237.5% in 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 last quarter. Finally, JCIC Asset Management Inc. boosted its position in Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock worth $46,000 after purchasing an additional 40 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction on 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. This represents a 17.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the company's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $769.38, for a total transaction of $12,192,364.86. The disclosure for this sale can be found here. In the last 90 days, insiders sold 214,182 shares of company stock worth $164,946,219. 13.61% of the stock is owned by insiders.

Meta Platforms Price Performance

NASDAQ:META opened at $733.51 on Friday. The stock's 50-day moving average price is $753.09 and its 200-day moving average price is $678.22. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The stock has a market capitalization of $1.84 trillion, a PE ratio of 26.56, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its 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 business 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 company's revenue for the quarter was up 21.6% compared to the same quarter last year. 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, equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced 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 payout ratio is currently 7.60%.

Analyst Ratings Changes

META has been the topic of a number of analyst reports. Canaccord Genuity Group lifted their price objective on Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Wedbush increased their price target on Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Stifel Nicolaus increased their target price on Meta Platforms from $845.00 to $900.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $920.00 target price on shares of Meta Platforms in a research report on Wednesday, September 17th. Finally, Raymond James Financial boosted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $830.68.

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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