Meta Platforms, Inc. $META Shares Bought by Trivium Point Advisory LLC

Trivium Point Advisory LLC raised its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,917 shares of the social networking company's stock after purchasing an additional 561 shares during the quarter. Meta Platforms comprises approximately 0.8% of Trivium Point Advisory LLC's holdings, making the stock its 28th biggest holding. Trivium Point Advisory LLC's holdings in Meta Platforms were worth $7,320,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in META. Brighton Jones LLC lifted its holdings in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Meta Platforms by 10.2% during 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 acquiring an additional 875 shares in the last quarter. Clean Yield Group lifted its holdings in shares of Meta Platforms by 100.0% during the 1st quarter. Clean Yield Group now owns 108 shares of the social networking company's stock valued at $62,000 after acquiring an additional 54 shares in the last quarter. City Center Advisors LLC acquired a new position in shares of Meta Platforms during the 1st quarter valued at $266,000. Finally, Griffith & Werner Inc. lifted its holdings in shares of Meta Platforms by 4.4% during the 1st quarter. Griffith & Werner Inc. now owns 9,867 shares of the social networking company's stock valued at $5,687,000 after acquiring an additional 416 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on META shares. Royal Bank Of Canada lifted their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. TD Cowen lifted 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 lifted their target price on shares of Meta Platforms from $675.00 to $685.00 and gave the company a "sector perform" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. lifted their target price on shares of Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Finally, Roth Capital lifted their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given 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 target price of $830.02.

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the sale, the director owned 8,412 shares of the company's stock, valued at approximately $6,371,837.64. The trade was a 5.24% decrease in their position. The transaction was disclosed in a document filed 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 dated Tuesday, September 30th. The stock was sold at an average price of $741.50, for a total transaction of $384,838.50. Following the completion of the sale, the insider directly owned 29,832 shares of the company's stock, valued at $22,120,428. The trade was a 1.71% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 213,146 shares of company stock valued at $164,209,720. Insiders own 13.61% of the company's stock.

Meta Platforms Stock Performance

Meta Platforms stock opened at $715.66 on Tuesday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.91, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm's fifty day moving average price is $753.17 and its 200 day moving average price is $676.91.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share 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 the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company's revenue was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date of this dividend was 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%.

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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