Meta Platforms, Inc. $META Shares Sold by Global X Japan Co. Ltd.

Key Points

• Global X Japan Co. Ltd. has reduced its stake in Meta Platforms, Inc. by 7.0%, now owning 58,268 shares worth approximately $43 million, making it the firm's 5th largest holding.
• Meta Platforms recently reported $7.14 earnings per share for the last quarter, significantly beating analysts' expectations of $5.75, and showed a 21.6% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.525 per share, indicating a relatively low payout ratio of 7.60%.

Global X Japan Co. Ltd. decreased its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 7.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,268 shares of the social networking company's stock after selling 4,380 shares during the quarter. Meta Platforms accounts for approximately 4.4% of Global X Japan Co. Ltd.'s holdings, making the stock its 5th largest position. Global X Japan Co. Ltd.'s holdings in Meta Platforms were worth $43,007,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Pachira Investments Inc. grew its position in shares of Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company's stock worth $360,000 after acquiring an additional 14 shares in the last quarter. ABLE Financial Group LLC boosted its position in Meta Platforms by 0.7% during the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock valued at $1,251,000 after purchasing an additional 15 shares during the period. Cedar Point Capital Partners LLC boosted its position in Meta Platforms by 2.2% during the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company's stock valued at $433,000 after purchasing an additional 16 shares during the period. IAM Advisory LLC boosted its position in Meta Platforms by 0.9% during the 2nd quarter. IAM Advisory LLC now owns 1,844 shares of the social networking company's stock valued at $1,361,000 after purchasing an additional 16 shares during the period. Finally, Sage Private Wealth Group LLC boosted its position in Meta Platforms by 3.9% during the 1st quarter. Sage Private Wealth Group LLC now owns 453 shares of the social networking company's stock valued at $261,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Down 1.7%

Shares of Meta Platforms stock opened at $765.16 on Tuesday. The firm has a market capitalization of $1.92 trillion, a PE ratio of 27.70, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month 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's fifty day moving average is $747.94 and its 200-day moving average is $667.24.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.Meta Platforms's quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer directly owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the business's stock in a transaction dated 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 completion of the transaction, the insider owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 256,886 shares of company stock valued at $195,693,600. Company insiders own 13.61% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on META shares. BMO Capital Markets boosted their price objective on Meta Platforms from $610.00 to $710.00 and gave the company a "market perform" rating in a research report on Thursday, July 31st. JMP Securities boosted their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a research report on Thursday, July 31st. Pivotal Research boosted their price target on Meta Platforms from $830.00 to $930.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Barclays boosted their price target on Meta Platforms from $640.00 to $810.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $920.00 price target on shares of Meta Platforms in a research report on Wednesday, September 17th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus target price of $826.05.

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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