Meta Platforms, Inc. $META Holdings Boosted by Silvant Capital Management LLC

Key Points

• Silvant Capital Management LLC increased its holdings in Meta Platforms by 8.4% during the 1st quarter, making it the company's 5th largest investment with shares valued at approximately $95 million.
• Multiple financial institutions have raised their price targets on Meta Platforms, with estimates ranging from $720 to $920, contributing to a consensus rating of "Moderate Buy."
• Meta reported a 21.6% increase in quarterly revenue year-over-year at $47.52 billion, along with an earnings per share (EPS) of $7.14, exceeding estimates by $1.39.

Silvant Capital Management LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 8.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 164,841 shares of the social networking company's stock after purchasing an additional 12,824 shares during the period. Meta Platforms accounts for 4.4% of Silvant Capital Management LLC's investment portfolio, making the stock its 5th biggest holding. Silvant Capital Management LLC's holdings in Meta Platforms were worth $95,008,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Meta Platforms during the 1st quarter worth approximately $33,000. JCIC Asset Management Inc. grew its position in Meta Platforms by 102.6% during the 1st 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 in the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new position in Meta Platforms during the 4th quarter worth approximately $47,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

META has been the topic of several research analyst reports. UBS Group lifted their price objective on shares of Meta Platforms from $812.00 to $897.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Truist Financial boosted their price target on shares of Meta Platforms from $700.00 to $720.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Piper Sandler boosted their price target on shares of Meta Platforms from $808.00 to $880.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Cantor Fitzgerald restated an "overweight" rating and set a $920.00 price target on shares of Meta Platforms in a report on Wednesday, August 13th. Finally, Canaccord Genuity Group boosted their price target on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Three research 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 stock has a consensus rating of "Moderate Buy" and an average target price of $822.41.

Meta Platforms Stock Up 0.1%

META stock opened at $754.10 on Wednesday. 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 fifty day simple moving average of $732.47 and a 200 day simple moving average of $657.92. The firm has a market cap of $1.89 trillion, a PE ratio of 27.30, a PEG ratio of 1.56 and a beta of 1.27.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data 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. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the business earned $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 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Monday, June 16th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 16th. Meta Platforms's payout ratio is presently 7.60%.

Insiders Place Their Bets

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of the business's stock in a transaction 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 transaction, the chief technology officer owned 1,799 shares of the company's stock, valued at $1,394,225. The trade was a 86.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jennifer Newstead sold 519 shares of the business's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $402,225.00. Following the transaction, the insider directly owned 32,946 shares of the company's stock, valued at approximately $25,533,150. This represents a 1.55% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 312,767 shares of company stock worth $234,618,139 in the last 90 days. 13.61% of the stock is owned by corporate insiders.

About Meta Platforms

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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