JSF Financial LLC Acquires 521 Shares of Meta Platforms, Inc. $META

Key Points

• JSF Financial LLC increased its stake in Meta Platforms, acquiring an additional 521 shares for a total of 1,307 shares, now worth approximately $965,000.
• Insider transactions included Christopher K. Cox selling 60,000 shares for about $46.6 million, and CFO Susan J. Li selling 18,332 shares totaling around $14 million, resulting in notable decreases in their ownerships.
• Analysts have raised price targets for Meta Platforms, with Pivotal Research setting the new target at $930.00, reflecting a bullish outlook for the stock amidst recent performance results.

JSF Financial LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 66.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,307 shares of the social networking company's stock after acquiring an additional 521 shares during the quarter. JSF Financial LLC's holdings in Meta Platforms were worth $965,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in META. Brighton Jones LLC lifted its position in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC lifted its position 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 valued at $5,537,000 after acquiring an additional 875 shares in the last quarter. GAMMA Investing LLC lifted its position in Meta Platforms by 16.7% in the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company's stock valued at $23,453,000 after acquiring an additional 5,829 shares in the last quarter. Everhart Financial Group Inc. increased its stake in Meta Platforms by 3.4% in the 1st quarter. Everhart Financial Group Inc. now owns 17,586 shares of the social networking company's stock valued at $10,136,000 after buying an additional 586 shares during the last quarter. Finally, Stanley Laman Group Ltd. increased its stake in Meta Platforms by 43.0% in the 1st quarter. Stanley Laman Group Ltd. now owns 2,809 shares of the social networking company's stock valued at $1,619,000 after buying an additional 845 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Insider Buying and Selling at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares in the company, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms 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 represents a 17.89% 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 $164,575,272 over the last 90 days. 13.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have commented on META. Pivotal Research increased their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Robert W. Baird increased their price objective on shares of Meta Platforms from $635.00 to $740.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. KeyCorp increased their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Monness Crespi & Hardt increased their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, Citizens Jmp increased their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Four equities research 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 company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $830.68.

Meta Platforms Trading Down 3.8%

Shares of META stock opened at $705.30 on Monday. The company has a 50 day moving average of $752.20 and a 200-day moving average of $679.78. 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, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a market cap of $1.77 trillion, a P/E ratio of 25.54, a PEG ratio of 1.47 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms's payout ratio is currently 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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