Nations Financial Group Inc. IA ADV Purchases 3,461 Shares of Meta Platforms, Inc. $META

Key Points

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Nations Financial Group Inc. IA ADV increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 19.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,407 shares of the social networking company's stock after purchasing an additional 3,461 shares during the period. Meta Platforms makes up 0.9% of Nations Financial Group Inc. IA ADV's portfolio, making the stock its 15th biggest position. Nations Financial Group Inc. IA ADV's holdings in Meta Platforms were worth $12,339,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of META. Valley Financial Group Inc. boosted its stake in Meta Platforms by 2.4% in the 4th quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock valued at $344,000 after purchasing an additional 14 shares during the period. Lantern Wealth Advisors LLC boosted its stake in Meta Platforms by 0.5% in the 4th quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company's stock valued at $1,743,000 after purchasing an additional 14 shares during the period. ABLE Financial Group LLC lifted its position in shares of Meta Platforms by 0.7% during the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock valued at $1,251,000 after acquiring an additional 15 shares during the period. Mosaic Family Wealth Partners LLC lifted its position in shares of Meta Platforms by 1.2% during the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company's stock valued at $840,000 after acquiring an additional 17 shares during the period. Finally, Orin Green Financial LLC lifted its position in shares of Meta Platforms by 2.2% during the 4th quarter. Orin Green Financial LLC now owns 795 shares of the social networking company's stock valued at $465,000 after acquiring an additional 17 shares during the period. Institutional investors own 79.91% of the company's stock.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the company's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $402,225.00. Following the sale, the insider owned 32,946 shares in the company, valued at $25,533,150. This represents a 1.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Javier Olivan sold 517 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $400,675.00. Following the sale, the chief operating officer owned 13,128 shares in the company, valued at approximately $10,174,200. The trade was a 3.79% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 313,803 shares of company stock worth $235,276,424 over the last quarter. 13.61% of the stock is owned by company insiders.

Meta Platforms Price Performance

META traded down $6.5360 on Wednesday, reaching $744.9440. The stock had a trading volume of 8,958,926 shares, compared to its average volume of 15,279,813. The company has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 1.59 and a beta of 1.27. The firm has a 50-day moving average of $726.88 and a 200-day moving average of $656.42. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week 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 the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business's quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio is presently 7.60%.

Analyst Ratings Changes

A number of analysts have recently weighed in on META shares. Barclays upped their target price on Meta Platforms from $640.00 to $810.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Citigroup reiterated an "outperform" rating on shares of Meta Platforms in a research report on Thursday, July 31st. Oppenheimer upped their target price on Meta Platforms from $775.00 to $870.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. DA Davidson boosted their price target on Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, Susquehanna lowered their price target on Meta Platforms from $800.00 to $700.00 and set a "positive" rating for the company in a report on Thursday, May 1st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $822.41.

Meta Platforms 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.