Meta Platforms, Inc. $META Shares Sold by RWA Wealth Partners LLC

Key Points

• RWA Wealth Partners LLC reduced its stake in Meta Platforms by 11.7% in Q1, resulting in a holding of 44,226 shares valued at approximately $25.49 million.
• Meta Platforms reported $7.14 EPS for the quarter, significantly surpassing analysts' expectations of $5.75, and recorded a revenue increase of 21.6% year-over-year.
• Recent institutional trading reflects strong interest in Meta, with firms like JCIC Asset Management and Barnes Dennig Private Wealth Management acquiring new stakes in the company.

RWA Wealth Partners LLC cut its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 11.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,226 shares of the social networking company's stock after selling 5,842 shares during the quarter. RWA Wealth Partners LLC's holdings in Meta Platforms were worth $25,491,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new stake in shares of Meta Platforms in the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms in the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the first quarter valued at about $33,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Meta Platforms in the fourth quarter valued at about $45,000. Finally, JCIC Asset Management Inc. grew its stake in shares of Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after buying an additional 40 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Trading Down 2.1%

Shares of META opened at $751.48 on Wednesday. The company has a market capitalization of $1.89 trillion, a P/E ratio of 27.21, a P/E/G ratio of 1.59 and a beta of 1.27. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The stock has a 50-day moving average price of $726.88 and a 200 day moving average price of $656.42.

Meta Platforms (NASDAQ:META - Get Free Report) last released 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 return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 16th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, June 16th. Meta Platforms's dividend payout ratio (DPR) is currently 7.60%.

Insiders Place Their Bets

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Susan J. Li sold 18,332 shares of the 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 transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 313,803 shares of company stock valued at $235,276,424 in the last quarter. Insiders own 13.61% of the company's stock.

Analysts Set New Price Targets

META has been the subject of a number of recent research reports. Monness Crespi & Hardt increased their target price on Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Robert W. Baird increased their target price on Meta Platforms from $635.00 to $740.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. HSBC upgraded Meta Platforms from a "hold" rating to a "buy" rating and increased their target price for the company from $610.00 to $900.00 in a research note on Thursday, July 31st. Scotiabank increased their target price on Meta Platforms from $675.00 to $685.00 and gave the company a "sector perform" rating in a research note on Thursday, July 31st. Finally, Needham & Company LLC upgraded Meta Platforms from an "underperform" rating to a "hold" rating in a research note on Thursday, July 3rd. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $822.41.

Meta Platforms Company 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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