GW Henssler & Associates Ltd. raised its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 12.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,540 shares of the social networking company's stock after purchasing an additional 7,325 shares during the period. Meta Platforms comprises 2.2% of GW Henssler & Associates Ltd.'s holdings, making the stock its 7th largest position. GW Henssler & Associates Ltd.'s holdings in Meta Platforms were worth $39,504,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Inlight Wealth Management LLC acquired a new stake in Meta Platforms in the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms in the 1st quarter valued at $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. JCIC Asset Management Inc. grew its position 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 purchasing an additional 40 shares during the period. Finally, Stuart Chaussee & Associates Inc. acquired a new stake in shares of Meta Platforms in the fourth quarter valued at about $47,000. 79.91% of the stock is owned by institutional investors and hedge funds.
Meta Platforms Trading Down 0.5%
NASDAQ:META traded down $3.59 on Tuesday, hitting $735.11. The stock had a trading volume of 9,294,340 shares, compared to its average volume of 9,485,708. 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 $1.85 trillion, a price-to-earnings ratio of 26.62, a PEG ratio of 1.53 and a beta of 1.24. The company has a fifty day moving average price of $737.00 and a two-hundred day moving average price of $658.50. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.
Meta Platforms (NASDAQ:META - Get Free Report) last posted its 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. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same period in the previous year, the business posted $5.16 EPS. Meta Platforms's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.
Insider Activity at Meta Platforms
In other news, insider Christopher K. Cox sold 60,000 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was 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 represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. Over the last three months, insiders have sold 312,767 shares of company stock worth $234,716,347. Insiders own 13.61% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on META shares. Bank of America lifted their price objective on Meta Platforms from $775.00 to $900.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Royal Bank Of Canada lifted their price target on Meta Platforms from $740.00 to $840.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. DA Davidson lifted their price target on Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Robert W. Baird lifted their price target on Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 2nd. Finally, BMO Capital Markets lifted their target price on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a "market perform" rating in a research note on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus price target of $822.41.
Check Out Our Latest Report on Meta Platforms
Meta Platforms Profile
(
Free Report)
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.
See Also
Before you consider Meta Platforms, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.
While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
