Meta Platforms, Inc. $META Shares Bought by Winthrop Advisory Group LLC

Key Points

• Winthrop Advisory Group LLC increased its holdings in Meta Platforms by 18.0% in Q2, owning a total of 7,489 shares valued at approximately $5,528,000.
• Insiders have significantly reduced their ownership, with CTO Andrew Bosworth selling 11,694 shares for over $9 million, while the company's stock has a current market cap of $1.79 trillion.
• Meta recently announced a quarterly dividend of $0.525 per share, representing an annual yield of 0.3%, and brokerages are forecasting price targets as high as $890.00.

Winthrop Advisory Group LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 18.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,489 shares of the social networking company's stock after purchasing an additional 1,140 shares during the period. Meta Platforms accounts for 0.5% of Winthrop Advisory Group LLC's investment portfolio, making the stock its 28th biggest position. Winthrop Advisory Group LLC's holdings in Meta Platforms were worth $5,528,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in META. Inlight Wealth Management LLC purchased a new position in shares of Meta Platforms during the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms during the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms during the first quarter worth approximately $33,000. Evergreen Private Wealth LLC increased its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock worth $40,000 after purchasing an additional 38 shares during the last quarter. Finally, JCIC Asset Management Inc. increased its position in Meta Platforms by 102.6% during the first 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 during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insiders Place Their Bets

In related news, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total value 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 approximately $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares in the company, valued at $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 213,717 shares of company stock worth $164,599,932. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Down 0.8%

NASDAQ META opened at $712.07 on Friday. The business has a 50 day moving average price of $747.80 and a two-hundred day moving average price of $682.13. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.79 trillion, a PE ratio of 25.78, a P/E/G ratio of 1.50 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $44.55 billion. During the same period in the previous year, the company posted $5.16 earnings per share. The business's revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced 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. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms's payout ratio is presently 7.60%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on META. JPMorgan Chase & Co. boosted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Morgan Stanley lifted their target price on Meta Platforms from $750.00 to $850.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Benchmark lifted their target price on Meta Platforms from $800.00 to $890.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Truist Financial set a $880.00 price objective on Meta Platforms in a report on Thursday, September 18th. Finally, Zacks Research downgraded Meta Platforms from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently 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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