Meta Platforms, Inc. $META Stake Trimmed by AM Investment Strategies LLC

Key Points

• AM Investment Strategies LLC has reduced its stake in Meta Platforms, Inc. by 16.4%, owning 21,789 shares after selling 4,263 during the second quarter, which represents 3.8% of its total holdings.
• Meta Platforms reported earnings of $7.14 per share for the last quarter, significantly surpassing estimates, and generated $47.52 billion in revenue, showing a 21.6% increase year-over-year.
• The company declared a quarterly dividend of $0.525 to be paid on September 29, yielding 0.3%, with a low payout ratio of 7.60%.

AM Investment Strategies LLC reduced its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 16.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,789 shares of the social networking company's stock after selling 4,263 shares during the quarter. Meta Platforms accounts for approximately 3.8% of AM Investment Strategies LLC's holdings, making the stock its 4th biggest holding. AM Investment Strategies LLC's holdings in Meta Platforms were worth $16,082,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Csenge Advisory Group increased its position in shares of Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock worth $5,498,000 after acquiring an additional 1,019 shares during the period. ARQ Wealth Advisors LLC increased its position in shares of Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock worth $452,000 after acquiring an additional 34 shares during the period. JMG Financial Group Ltd. purchased a new position in shares of Meta Platforms during the first quarter worth approximately $284,000. Infusive Asset Management Inc. increased its position in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company's stock worth $13,614,000 after acquiring an additional 2,285 shares during the period. Finally, Aspire Growth Partners LLC increased its position in shares of Meta Platforms by 7.3% during the first quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company's stock worth $395,000 after acquiring an additional 45 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $781.33, for a total transaction of $403,947.61. Following the completion of the sale, the chief operating officer directly owned 10,543 shares in the company, valued at approximately $8,237,562.19. The trade was a 4.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $769.20, for a total transaction of $399,214.80. Following the sale, the insider owned 30,351 shares of the company's stock, valued at $23,345,989.20. The trade was a 1.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 230,336 shares of company stock worth $176,625,049 over the last three months. Corporate insiders own 13.61% of the company's stock.

Meta Platforms Price Performance

Shares of META opened at $743.75 on Friday. The company has a market cap of $1.87 trillion, a price-to-earnings ratio of 26.93, a price-to-earnings-growth ratio of 1.56 and a beta of 1.24. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve 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 company has a 50 day moving average of $751.74 and a two-hundred day moving average of $670.49.

Meta Platforms (NASDAQ:META - Get Free Report) last announced 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. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms's revenue was up 21.6% compared to the same quarter last year. During the same period last year, the firm earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on META. Wells Fargo & Company raised their target price on shares of Meta Platforms from $783.00 to $811.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Citigroup reissued an "outperform" rating on shares of Meta Platforms in a report on Thursday, July 31st. JMP Securities lifted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a report on Thursday, July 31st. Sanford C. Bernstein lifted their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, DA Davidson lifted their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Three 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $826.05.

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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