Regency Capital Management Inc. DE Raises Position in Meta Platforms, Inc. $META

Key Points

• Regency Capital Management Inc. increased its stake in Meta Platforms, Inc. by 31.7% during Q2, now holding 5,700 shares valued at approximately $4.21 million.
• Insiders, including COO Javier Olivan and Jennifer Newstead, recently sold shares worth a combined total of over $736,000, indicating a 5.16% and 1.74% decrease in their ownership, respectively.
• Meta Platforms reported a significant quarterly revenue of $47.52 billion, surpassing expectations, along with an earnings per share of $7.14, well above the projected $5.75.

Regency Capital Management Inc. DE raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 31.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,700 shares of the social networking company's stock after acquiring an additional 1,373 shares during the quarter. Meta Platforms comprises approximately 2.2% of Regency Capital Management Inc. DE's portfolio, making the stock its 17th biggest holding. Regency Capital Management Inc. DE's holdings in Meta Platforms were worth $4,207,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Inlight Wealth Management LLC bought a new stake in Meta Platforms during the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms during the 1st quarter valued at $28,000. Evergreen Private Wealth LLC raised its holdings in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock valued at $40,000 after acquiring an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms during the 1st quarter valued at $33,000. Finally, Maseco LLP bought a new stake in Meta Platforms during the 2nd quarter valued at $54,000. Institutional investors own 79.91% of the company's stock.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $704.81, for a total value of $364,386.77. Following the sale, the chief operating officer owned 9,509 shares in the company, valued at approximately $6,702,038.29. This trade represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total transaction of $372,112.62. Following the completion of the sale, the insider owned 29,313 shares in the company, valued at $21,016,834.74. This represents a 1.74% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 212,681 shares of company stock worth $163,863,761. 13.61% of the stock is owned by insiders.

Meta Platforms Trading Down 1.0%

NASDAQ:META opened at $708.65 on Wednesday. The company's 50 day moving average price is $749.89 and its 200-day moving average price is $680.94. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week 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 stock has a market cap of $1.78 trillion, a price-to-earnings ratio of 25.66, a PEG ratio of 1.49 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS 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 for the quarter, compared to analysts' expectations of $44.55 billion. During the same quarter in the prior year, the company posted $5.16 earnings per share. The business's revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio is presently 7.60%.

Analyst Ratings Changes

META has been the subject of a number of recent analyst reports. Truist Financial set a $880.00 price target on shares of Meta Platforms in a research report on Thursday, September 18th. HSBC upgraded shares of Meta Platforms from a "hold" rating to a "buy" rating and boosted their price target for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Canaccord Genuity Group boosted their price target on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. JPMorgan Chase & Co. boosted their price target on shares of Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Meta Platforms in a research report on Tuesday. Four 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 stock. According to data from MarketBeat, Meta Platforms has a consensus rating of "Moderate Buy" and a consensus price target of $830.68.

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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