Moss Adams Wealth Advisors LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 5.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,075 shares of the social networking company's stock after acquiring an additional 495 shares during the period. Meta Platforms makes up approximately 0.7% of Moss Adams Wealth Advisors LLC's investment portfolio, making the stock its 19th largest holding. Moss Adams Wealth Advisors LLC's holdings in Meta Platforms were worth $7,437,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in META. Brighton Jones LLC grew its position in Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Permanent Capital Management LP grew its holdings in shares of Meta Platforms by 4.9% in the 1st quarter. Permanent Capital Management LP now owns 1,891 shares of the social networking company's stock valued at $1,090,000 after acquiring an additional 89 shares in the last quarter. Procyon Advisors LLC increased its position in shares of Meta Platforms by 10.1% in the first quarter. Procyon Advisors LLC now owns 56,338 shares of the social networking company's stock valued at $32,471,000 after acquiring an additional 5,154 shares during the last quarter. Finally, Prospect Financial Services LLC raised its holdings in Meta Platforms by 0.7% during the first quarter. Prospect Financial Services LLC now owns 5,895 shares of the social networking company's stock worth $3,397,000 after acquiring an additional 39 shares in the last quarter. 79.91% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on META shares. Roth Capital boosted their price target on Meta Platforms from $620.00 to $740.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Robert W. Baird boosted their target price on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. Guggenheim reiterated a "buy" rating and issued a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. JMP Securities boosted their price objective 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. Finally, Loop Capital reiterated a "buy" rating and issued a $980.00 target price (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $830.02.
Get Our Latest Research Report on Meta Platforms
Insider Activity at Meta Platforms
In related news, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares of the company's stock, valued at $1,394,225. This trade represents a 86.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the business's stock in a transaction on Friday, August 1st. The stock was 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. Insiders have sold a total of 214,182 shares of company stock valued at $164,955,168 over the last three months. 13.61% of the stock is currently owned by corporate insiders.
Meta Platforms Stock Performance
Meta Platforms stock opened at $710.56 on Friday. 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 $1.79 trillion, a PE ratio of 25.73, a P/E/G ratio of 1.48 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. The business's 50-day moving average price is $753.21 and its two-hundred day moving average price is $675.45.
Meta Platforms (NASDAQ:META - Get Free Report) last posted 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. The company had revenue of $47.52 billion for 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%. The firm's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period last year, the company posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts expect 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. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms's payout ratio is presently 7.60%.
About Meta Platforms
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
