Meta Platforms, Inc. $META is Dash Acquisitions Inc.'s Largest Position

Key Points

• Dash Acquisitions Inc. has decreased its stake in Meta Platforms, Inc. by 0.9%, retaining 59,693 shares which now make up approximately 9.0% of its investment portfolio, valued at $42.6 million.
• Meta Platforms reported earnings of $7.14 per share, surpassing analysts' estimates and achieving a revenue of $47.52 billion, reflecting a 21.6% increase compared to the previous year.
• Meta's stock rose by 0.6% to open at $738.36, with a market capitalization of $1.85 trillion and a consensus analyst rating of "Buy" with an average price target of $829.66.

Dash Acquisitions Inc. decreased its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 0.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,693 shares of the social networking company's stock after selling 568 shares during the period. Meta Platforms accounts for approximately 9.0% of Dash Acquisitions Inc.'s investment portfolio, making the stock its largest position. Dash Acquisitions Inc.'s holdings in Meta Platforms were worth $42,596,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its holdings 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 worth $20,230,000 after buying an additional 570 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of 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 buying an additional 875 shares during the last quarter. GAMMA Investing LLC grew 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 worth $23,453,000 after purchasing an additional 5,829 shares during the last quarter. 1776 Wealth LLC grew 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 worth $673,000 after purchasing an additional 675 shares during the last quarter. Finally, LifeSteps Financial Inc. boosted its holdings in shares of Meta Platforms by 3.8% in the first quarter. LifeSteps Financial Inc. now owns 1,069 shares of the social networking company's stock valued at $616,000 after acquiring an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Up 0.6%

Meta Platforms stock opened at $738.36 on Friday. The company has a 50-day simple moving average of $742.11 and a 200-day simple moving average of $691.34. The firm has a market capitalization of $1.85 trillion, a P/E ratio of 26.73, a P/E/G ratio of 1.57 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts expect 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. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Wall Street Analysts Forecast Growth

META has been the topic of several analyst reports. Stifel Nicolaus lifted their target price on shares of Meta Platforms from $845.00 to $900.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Royal Bank Of Canada boosted their price objective 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. Canaccord Genuity Group boosted their target price 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. Mizuho set a $925.00 price objective on shares of Meta Platforms and gave the stock an "outperform" rating in a research note on Monday, September 29th. Finally, JPMorgan Chase & Co. boosted their target price 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 company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $829.66.

Insider Buying and Selling at Meta Platforms

In other news, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Christopher K. Cox sold 60,000 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the sale, the insider directly owned 237,205 shares of the company's stock, valued at $184,059,219.75. This represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 214,182 shares of company stock worth $164,951,541. Company insiders own 13.61% of the company's stock.

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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