Meta Platforms, Inc. $META Shares Sold by Pathway Financial Advisors LLC

Key Points

• Pathway Financial Advisors LLC reduced its stake in Meta Platforms, Inc. by 58.6% in Q2, now holding just 793 shares worth $585,000.
• CEO Mark Zuckerberg recently sold 15,847 shares for over $12 million, while CTO Andrew Bosworth sold 11,694 shares, indicating movement among company insiders.
• The company's recent earnings report revealed a 21.6% increase in revenue year-over-year, with earnings per share reported at $7.14, exceeding analysts' estimates significantly.

Pathway Financial Advisors LLC lessened its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 58.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 793 shares of the social networking company's stock after selling 1,123 shares during the quarter. Pathway Financial Advisors LLC's holdings in Meta Platforms were worth $585,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Cypress Capital Group increased its holdings in shares of Meta Platforms by 31.5% in the second quarter. Cypress Capital Group now owns 7,707 shares of the social networking company's stock valued at $5,688,000 after purchasing an additional 1,846 shares during the last quarter. Leith Wheeler Investment Counsel Ltd. increased its holdings in shares of Meta Platforms by 415.7% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 76,883 shares of the social networking company's stock valued at $56,747,000 after purchasing an additional 61,974 shares during the last quarter. Stephens Consulting LLC increased its holdings in shares of Meta Platforms by 39.3% in the second quarter. Stephens Consulting LLC now owns 241 shares of the social networking company's stock valued at $178,000 after purchasing an additional 68 shares during the last quarter. RHS Financial LLC acquired a new stake in shares of Meta Platforms in the second quarter valued at approximately $239,000. Finally, Almanack Investment Partners LLC. increased its holdings in shares of Meta Platforms by 32.1% in the second quarter. Almanack Investment Partners LLC. now owns 2,938 shares of the social networking company's stock valued at $2,168,000 after purchasing an additional 714 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $769.38, for a total value of $12,192,364.86. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 213,663 shares of company stock valued at $164,569,365. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Trading Up 0.0%

NASDAQ:META opened at $733.41 on Thursday. The firm has a market cap of $1.84 trillion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. The stock has a fifty day moving average price of $744.01 and a 200 day moving average price of $687.02. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.

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 (EPS) for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion during 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 revenue was up 21.6% compared to the same quarter last year. During the same period last year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on META shares. Wedbush increased their price target on Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Mizuho set a $925.00 target price on Meta Platforms and gave the stock an "outperform" rating in a research note on Monday, September 29th. Monness Crespi & Hardt raised their target price on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Loop Capital reissued a "buy" rating and set a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Finally, BMO Capital Markets raised their target price on Meta Platforms from $610.00 to $710.00 and gave the stock a "market perform" rating in a research note on Thursday, July 31st. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $829.66.

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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