Meta Platforms, Inc. $META Shares Purchased by Cwm LLC

Key Points

• Cwm LLC increased its stake in Meta Platforms, raising ownership by 0.5% and holding 236,349 shares valued at $174.4 million as per recent SEC filings.
• Major investor Kingstone Capital Partners significantly expanded its position, now owning approximately 59.8 million shares worth $44.1 billion after a massive purchase of nearly 59.8 million shares in the last quarter.
• Several analysts have raised their target prices for Meta, with Barclays setting a target at $810 and Raymond James Financial at $900, reflecting positive sentiment and a consensus rating of "Moderate Buy."

Cwm LLC raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 236,349 shares of the social networking company's stock after buying an additional 1,184 shares during the period. Cwm LLC's holdings in Meta Platforms were worth $174,447,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC boosted its position in shares of Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares in the last quarter. Invesco Ltd. boosted its position in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock valued at $10,184,163,000 after purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock valued at $8,977,361,000 after purchasing an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company's stock valued at $7,229,553,000 after purchasing an additional 536,160 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company's stock valued at $5,787,329,000 after purchasing an additional 247,850 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Activity

In other news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider owned 237,205 shares of the company's stock, valued at $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction that occurred on 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 directly owned 1,799 shares in the company, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 213,146 shares of company stock worth $164,196,453. 13.61% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on META. Barclays raised their target price on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. DA Davidson raised their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Raymond James Financial raised their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a report on Thursday, July 31st. Cantor Fitzgerald reiterated an "overweight" rating and issued a $920.00 target price on shares of Meta Platforms in a report on Thursday, October 16th. Finally, Robert W. Baird raised their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. Four 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. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $829.66.

Meta Platforms Price Performance

Shares of META opened at $733.27 on Wednesday. The firm has a market cap of $1.84 trillion, a PE ratio of 26.55, a PEG ratio of 1.53 and a beta of 1.20. The firm's 50 day moving average price is $744.95 and its 200 day moving average price is $686.70. 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 twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter last year, the firm earned $5.16 earnings per share. The company'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. As a group, research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is currently 7.60%.

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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