McAdam LLC Acquires 769 Shares of Meta Platforms, Inc. $META

Key Points

• McAdam LLC increased its stake in Meta Platforms by 13.8%, owning a total of 6,325 shares valued at approximately $4.67 million.
• Meta's CEO, Mark Zuckerberg, and CTO, Andrew Bosworth, sold large quantities of stock recently, with total sales exceeding $20 million.
• Meta Platforms announced a quarterly dividend of $0.525 per share, payable on September 29th, reflecting a 0.3% dividend yield.

McAdam LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,325 shares of the social networking company's stock after purchasing an additional 769 shares during the period. McAdam LLC's holdings in Meta Platforms were worth $4,668,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms in the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms in the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms during the first quarter worth about $33,000. Maseco LLP bought a new stake in Meta Platforms during the second quarter worth about $54,000. Finally, JCIC Asset Management Inc. increased its holdings in shares of Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock worth $46,000 after buying an additional 40 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 229,819 shares of company stock worth $176,241,968. Company insiders own 13.61% of the company's stock.

Meta Platforms Stock Performance

Meta Platforms stock opened at $743.75 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. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a market cap of $1.87 trillion, a PE ratio of 26.93, a PEG ratio of 1.55 and a beta of 1.24. The company's 50-day moving average is $751.74 and its two-hundred day moving average is $671.40.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate 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 was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm 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 dividend of $0.525 per share. The ex-dividend date is Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms's payout ratio is presently 7.60%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on META shares. Needham & Company LLC upgraded Meta Platforms from an "underperform" rating to a "hold" rating in a research report on Thursday, July 3rd. Royal Bank Of Canada boosted their price objective on Meta Platforms from $740.00 to $840.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Monness Crespi & Hardt increased their target price on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Bank of America lifted their price target on Meta Platforms from $775.00 to $900.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, TD Cowen raised their price objective on shares of Meta Platforms from $800.00 to $875.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $826.05.

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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