JB Capital LLC lowered its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 21.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,428 shares of the social networking company's stock after selling 2,536 shares during the quarter. JB Capital LLC's holdings in Meta Platforms were worth $6,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC increased its position in Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the period. Invesco Ltd. grew its position in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock worth $10,184,163,000 after buying an additional 400,927 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company's stock worth $7,229,553,000 after buying an additional 536,160 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company's stock worth $5,787,329,000 after buying an additional 247,850 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on META shares. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $920.00 price objective on shares of Meta Platforms in a research report on Thursday. Zacks Research downgraded shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Stifel Nicolaus raised their price objective on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. HSBC raised shares of Meta Platforms from a "hold" rating to a "buy" rating and lifted their price target for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Finally, DA Davidson upped their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms presently has an average rating of "Moderate Buy" and a consensus target price of $830.68.
Check Out Our Latest Analysis on Meta Platforms
Insider Buying and Selling
In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction on 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 directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on 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 sale, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 213,665 shares of company stock valued at $164,568,109 in the last 90 days. Insiders own 13.61% of the company's stock.
Meta Platforms Price Performance
Shares of NASDAQ:META opened at $716.91 on Monday. 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 stock's fifty day simple moving average is $746.75 and its two-hundred day simple moving average is $684.78. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The stock has a market cap of $1.80 trillion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20.
Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business had revenue of $47.52 billion for the quarter, compared to analysts' expectations of $44.55 billion. During the same period last year, the business earned $5.16 EPS. The business's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 7.60%.
Meta Platforms Profile
(
Free Report)
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.
Featured Articles
Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Meta Platforms, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.
While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report