Samalin Investment Counsel LLC Has $2.48 Million Stock Position in Meta Platforms, Inc. $META

Key Points

• Samalin Investment Counsel LLC increased its stake in Meta Platforms, Inc. by 30.4% in Q1, bringing its total holdings to a value of $2.48 million.
• CEO Mark Zuckerberg sold 15,847 shares on August 1, totaling approximately $11.94 million, as part of insider transactions where a total of 312,767 shares worth around $234.62 million were sold in the last three months.
• Meta Platforms reported a strong quarterly performance with an EPS of $7.14, exceeding expectations, and a revenue increase of 21.6% year-over-year.

Samalin Investment Counsel LLC boosted its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 30.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 4,303 shares of the social networking company's stock after purchasing an additional 1,004 shares during the period. Meta Platforms comprises 1.0% of Samalin Investment Counsel LLC's holdings, making the stock its 18th largest position. Samalin Investment Counsel LLC's holdings in Meta Platforms were worth $2,480,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of META. Valley Financial Group Inc. raised its holdings in Meta Platforms by 2.4% in the fourth quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock worth $344,000 after buying an additional 14 shares during the last quarter. Lantern Wealth Advisors LLC raised its holdings in shares of Meta Platforms by 0.5% during the fourth 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 last quarter. ABLE Financial Group LLC raised its holdings in shares of Meta Platforms by 0.7% during the fourth quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock valued at $1,251,000 after purchasing an additional 15 shares during the last quarter. Cedar Point Capital Partners LLC raised its holdings in shares of Meta Platforms by 2.2% during the first quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company's stock valued at $433,000 after purchasing an additional 16 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC raised its holdings in shares of Meta Platforms by 1.2% during the fourth quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company's stock valued at $840,000 after purchasing an additional 17 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the business's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 312,767 shares of company stock worth $234,618,139 over the last three months. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $753.30 on Tuesday. The firm has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 27.27, a price-to-earnings-growth ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a 50 day moving average of $731.33 and a 200 day moving average of $657.25. 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 (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, topping analysts' consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company's revenue was up 21.6% on a year-over-year basis. During the same period in the prior year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Wall Street Analysts Forecast Growth

META has been the subject of several research reports. Roth Capital boosted their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the company a "buy" rating in a report on Tuesday, July 8th. Stifel Nicolaus boosted their price objective on shares of Meta Platforms from $845.00 to $900.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Moffett Nathanson boosted their price objective on shares of Meta Platforms from $525.00 to $605.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Barclays boosted their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Finally, Royal Bank Of Canada boosted their price objective on shares of Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $822.41.

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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