Meta Platforms, Inc. $META Shares Acquired by Regatta Capital Group LLC

Key Points

• Regatta Capital Group LLC increased its holdings in Meta Platforms, Inc. by 6.6% during the second quarter, owning 22,266 shares now valued at approximately $16.4 million.
• Insider trading activity showed COO Javier Olivan selling 517 shares for about $403,947, while insider Jennifer Newstead sold 519 shares for about $399,214.
• Meta Platforms recently announced a quarterly dividend of $0.525 per share, reflecting a 0.3% yield, and its stock is backed by strong analyst ratings with a consensus target price of $826.05.

Regatta Capital Group LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,266 shares of the social networking company's stock after purchasing an additional 1,383 shares during the period. Meta Platforms makes up 2.8% of Regatta Capital Group LLC's holdings, making the stock its 10th biggest holding. Regatta Capital Group LLC's holdings in Meta Platforms were worth $16,435,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in META. Inlight Wealth Management LLC purchased a new stake in shares of Meta Platforms during the 1st quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Meta Platforms in the 1st quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms in the 1st quarter valued at $33,000. JCIC Asset Management Inc. increased its stake in Meta Platforms by 102.6% in the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after buying an additional 40 shares during the period. Finally, Principia Wealth Advisory LLC increased its stake in Meta Platforms by 53.6% in the 1st quarter. Principia Wealth Advisory LLC now owns 86 shares of the social networking company's stock valued at $50,000 after buying an additional 30 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $781.33, for a total value of $403,947.61. Following the sale, the chief operating officer directly owned 10,543 shares in the company, valued at approximately $8,237,562.19. This trade represents a 4.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $769.20, for a total value of $399,214.80. Following the completion of the sale, the insider owned 30,351 shares in the company, valued at $23,345,989.20. The trade was a 1.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 229,819 shares of company stock worth $176,241,968. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Down 0.7%

META stock opened at $743.75 on Monday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.87 trillion, a P/E ratio of 26.93, a PEG ratio of 1.55 and a beta of 1.24. The firm has a 50 day simple moving average of $751.74 and a 200-day simple moving average of $671.40.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data 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 return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion for the quarter, compared to analysts' expectations of $44.55 billion. During the same period last year, the business posted $5.16 earnings per share. The firm's revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be paid a dividend of $0.525 per share. The ex-dividend date is Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Analysts Set New Price Targets

META has been the topic of a number of recent analyst reports. Citigroup reaffirmed an "outperform" rating on shares of Meta Platforms in a research note on Thursday, July 31st. Piper Sandler upped their target price 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. TD Cowen upped their target price on shares of Meta Platforms from $800.00 to $875.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Scotiabank increased their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a "sector perform" rating in a report on Thursday, July 31st. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $920.00 price target on shares of Meta Platforms in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms has an average rating of "Moderate Buy" and a consensus target price of $826.05.

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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