Signature Estate & Investment Advisors LLC Has $60.44 Million Stock Position in Meta Platforms, Inc. $META

Key Points

• Signature Estate & Investment Advisors LLC reduced its stake in Meta Platforms by 11.7% during Q1, holding 104,859 shares valued at approximately $60.44 million, making up about 1.6% of its total portfolio.
• Meta Platforms reported a quarterly EPS of $7.14, exceeding consensus estimates by $1.39, with revenues reaching $47.52 billion, up 21.6% year-over-year.
• Insider trading activity included a sale of 519 shares by Jennifer Newstead for nearly $377,000, and Andrew Bosworth sold 11,694 shares for over $9 million, indicating significant movements among Meta's leadership.

Signature Estate & Investment Advisors LLC cut its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 11.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,859 shares of the social networking company's stock after selling 13,922 shares during the quarter. Meta Platforms makes up about 1.6% of Signature Estate & Investment Advisors LLC's holdings, making the stock its 16th biggest position. Signature Estate & Investment Advisors LLC's holdings in Meta Platforms were worth $60,437,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its position in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings 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 acquiring an additional 875 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of Meta Platforms by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company's stock worth $129,666,000 after acquiring an additional 7,587 shares during the period. Highview Capital Management LLC DE lifted its holdings in shares of Meta Platforms by 3.7% during the 4th quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company's stock worth $3,624,000 after acquiring an additional 218 shares during the period. Finally, Triumph Capital Management lifted its holdings in shares of Meta Platforms by 6.0% during the 4th quarter. Triumph Capital Management now owns 1,846 shares of the social networking company's stock worth $1,081,000 after acquiring an additional 105 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Trading Up 0.5%

META opened at $752.45 on Monday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a 50-day moving average price of $738.39 and a two-hundred day moving average price of $658.81. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $1.89 trillion, a PE ratio of 27.24, a PEG ratio of 1.55 and a beta of 1.24.

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

Insider Activity at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total transaction of $376,923.75. Following the completion of the sale, the insider owned 31,908 shares in the company, valued at $23,173,185. The trade was a 1.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 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 approximately $1,394,225. This represents a 86.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 304,358 shares of company stock worth $228,847,292 over the last 90 days. Insiders own 13.61% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on META. Hsbc Global Res raised shares of Meta Platforms from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 31st. KeyCorp lifted their price target on shares of Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Guggenheim reissued a "buy" rating and set a $800.00 price target (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Sanford C. Bernstein lifted their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, Monness Crespi & Hardt lifted their price target on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Three research 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 company. Based on data from MarketBeat.com, Meta Platforms 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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