Meta Platforms, Inc. $META Stock Holdings Raised by Naples Global Advisors LLC

Naples Global Advisors LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 11,491 shares of the social networking company's stock after buying an additional 1,332 shares during the period. Naples Global Advisors LLC's holdings in Meta Platforms were worth $8,482,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Parsons Capital Management Inc. RI boosted its holdings in shares of Meta Platforms by 29.0% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 10,019 shares of the social networking company's stock valued at $7,395,000 after buying an additional 2,254 shares during the period. Pure Financial Advisors LLC boosted its holdings in shares of Meta Platforms by 19.3% in the 2nd quarter. Pure Financial Advisors LLC now owns 5,267 shares of the social networking company's stock valued at $3,887,000 after buying an additional 851 shares during the period. Consolidated Planning Corp boosted its stake in Meta Platforms by 1.9% during the 2nd quarter. Consolidated Planning Corp now owns 13,711 shares of the social networking company's stock valued at $10,120,000 after purchasing an additional 259 shares during the period. BSW Wealth Partners boosted its stake in Meta Platforms by 1.3% during the 2nd quarter. BSW Wealth Partners now owns 4,831 shares of the social networking company's stock valued at $3,566,000 after purchasing an additional 63 shares during the period. Finally, Woodward Diversified Capital LLC boosted its stake in Meta Platforms by 25.3% during the 2nd quarter. Woodward Diversified Capital LLC now owns 4,225 shares of the social networking company's stock valued at $3,119,000 after purchasing an additional 854 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares of the company's stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer directly owned 1,799 shares in the company, valued at approximately $1,394,225. The trade was a 86.67% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 213,663 shares of company stock worth $164,574,107 over the last quarter. Company insiders own 13.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on META shares. Oppenheimer upped their price target on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Morgan Stanley upped their price target on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Truist Financial set a $880.00 price target on shares of Meta Platforms in a research note on Thursday, September 18th. Roth Capital upped their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Finally, JMP Securities upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a "market outperform" rating in a research note on Thursday, July 31st. Four investment 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. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $830.61.

Meta Platforms Stock Performance

Shares of META opened at $717.84 on Thursday. 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's fifty day moving average is $753.89 and its 200-day moving average is $677.44. The firm has a market cap of $1.80 trillion, a price-to-earnings ratio of 25.99, a price-to-earnings-growth ratio of 1.49 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same period in the prior year, the firm earned $5.16 EPS. The business's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

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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