Meta Platforms, Inc. $META Shares Acquired by Sava Infond d.o.o.

Key Points

• Sava Infond d.o.o. increased its stake in Meta Platforms by 6.7% to own a total of 38,620 shares, making Meta 4.5% of its portfolio.
• Meta's recent quarterly earnings surpassed expectations, reporting $7.14 EPS against a consensus estimate of $5.75, with revenues of $47.52 billion.
• Insider activity included CFO Susan Li and CEO Mark Zuckerberg selling significant shares, with total insider sales amounting to $164.9 million in the last ninety days.

Sava Infond d.o.o. increased its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,620 shares of the social networking company's stock after buying an additional 2,435 shares during the period. Meta Platforms comprises 4.5% of Sava Infond d.o.o.'s portfolio, making the stock its 6th largest holding. Sava Infond d.o.o.'s holdings in Meta Platforms were worth $28,505,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. LGT Fund Management Co Ltd. raised its position in shares of Meta Platforms by 3.4% in the second quarter. LGT Fund Management Co Ltd. now owns 38,076 shares of the social networking company's stock valued at $28,104,000 after buying an additional 1,269 shares during the last quarter. Apexium Financial LP raised its position in shares of Meta Platforms by 4.6% in the second quarter. Apexium Financial LP now owns 5,037 shares of the social networking company's stock valued at $3,718,000 after buying an additional 221 shares during the last quarter. Peoples Bank OH raised its position in shares of Meta Platforms by 1.0% in the second quarter. Peoples Bank OH now owns 3,365 shares of the social networking company's stock valued at $2,484,000 after buying an additional 34 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV raised its position in shares of Meta Platforms by 3.8% in the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 21,390 shares of the social networking company's stock valued at $15,788,000 after buying an additional 791 shares during the last quarter. Finally, Quent Capital LLC raised its position in shares of Meta Platforms by 3.4% in the second quarter. Quent Capital LLC now owns 8,312 shares of the social networking company's stock valued at $6,135,000 after buying an additional 276 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Activity

In other news, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. The disclosure for this sale can be found here. Insiders have sold a total of 214,182 shares of company stock valued at $164,946,219 over the last ninety days. 13.61% of the stock is owned by company insiders.

Meta Platforms Price Performance

Meta Platforms stock opened at $705.30 on Friday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a fifty day moving average of $752.20 and a 200-day moving average of $679.24. The firm has a market capitalization of $1.77 trillion, a P/E ratio of 25.54, a PEG ratio of 1.47 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 (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, topping the consensus estimate of $5.75 by $1.39. The company 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%. The business's quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 annualized dividend and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio is 7.60%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on META shares. Wells Fargo & Company boosted their price objective on shares of Meta Platforms from $811.00 to $837.00 and gave the company an "overweight" rating in a research report on Tuesday. Zacks Research lowered shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. JMP Securities upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a "market outperform" rating in a research report on Thursday, July 31st. Citizens Jmp upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Finally, Robert W. Baird upped their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. Four 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. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $830.68.

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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