Lion Street Advisors LLC Trims Position in Meta Platforms, Inc. $META

Key Points

• Lion Street Advisors LLC has reduced its stake in Meta Platforms, Inc. by 29.2% in the second quarter, now holding 1,768 shares valued at approximately $1.3 million.
• Meta Platforms recently announced a quarterly dividend of $0.525, representing an annualized yield of 0.3%, with a low dividend payout ratio of 7.60%.
• The company reported earnings of $7.14 per share for the last quarter, significantly exceeding analysts' expectations, alongside a revenue of $47.52 billion, reflecting a year-over-year increase of 21.6%.

Lion Street Advisors LLC lessened its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 29.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,768 shares of the social networking company's stock after selling 730 shares during the period. Lion Street Advisors LLC's holdings in Meta Platforms were worth $1,305,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased 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 valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC increased 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 valued at $5,537,000 after purchasing an additional 875 shares during the period. GAMMA Investing LLC increased its position in Meta Platforms by 16.7% during the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company's stock valued at $23,453,000 after purchasing an additional 5,829 shares during the period. 1776 Wealth LLC increased its position in Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company's stock valued at $673,000 after purchasing an additional 675 shares during the period. Finally, EWA LLC increased its position in Meta Platforms by 50.2% during the 1st quarter. EWA LLC now owns 7,534 shares of the social networking company's stock valued at $4,342,000 after purchasing an additional 2,518 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Up 0.0%

META stock opened at $733.41 on Thursday. The firm has a 50 day moving average of $744.01 and a 200 day moving average of $687.02. The stock has a market capitalization of $1.84 trillion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.53 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, Inc. has a 52 week low of $479.80 and a 52 week 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 EPS for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms's revenue for the quarter was up 21.6% on a year-over-year basis. During the same period last year, the business earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $721.30, for a total transaction of $372,912.10. Following the sale, the chief operating officer owned 8,475 shares of the company's stock, valued at approximately $6,113,017.50. The trade was a 5.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 213,663 shares of company stock worth $164,569,365. Company insiders own 13.61% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Monness Crespi & Hardt raised their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Morgan Stanley raised their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Sanford C. Bernstein raised their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Royal Bank Of Canada raised their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $829.66.

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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