Triad Wealth Partners LLC Has $2.32 Million Holdings in Meta Platforms, Inc. $META

Key Points

• Triad Wealth Partners LLC increased its stake in Meta Platforms, Inc. by 16.9% during the first quarter, now holding shares valued at $2.32 million.
• Meta's recent quarterly earnings surpassed analyst expectations, reporting a EPS of $7.14 compared to the consensus estimate of $5.75, with revenue reaching $47.52 billion.
• Analysts have mixed ratings on Meta Platforms, with price targets ranging from $700 to $900, indicating a general consensus of a "Moderate Buy" for the stock.

Triad Wealth Partners LLC grew its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 16.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,024 shares of the social networking company's stock after purchasing an additional 581 shares during the period. Triad Wealth Partners LLC's holdings in Meta Platforms were worth $2,319,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Valley Financial Group Inc. increased its position 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 worth $344,000 after purchasing an additional 14 shares during the last quarter. Lantern Wealth Advisors LLC increased its position 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 worth $1,743,000 after purchasing an additional 14 shares during the last quarter. ABLE Financial Group LLC increased its position in Meta Platforms by 0.7% in the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock worth $1,251,000 after purchasing an additional 15 shares during the last quarter. Cedar Point Capital Partners LLC increased its position in Meta Platforms by 2.2% in the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company's stock worth $433,000 after purchasing an additional 16 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC increased its position in Meta Platforms by 1.2% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company's stock worth $840,000 after purchasing an additional 17 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Shares of META stock opened at $754.10 on Wednesday. The stock has a 50 day moving average of $732.47 and a two-hundred day moving average of $657.92. 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 12 month low of $479.80 and a 12 month high of $796.25. The company has a market capitalization of $1.89 trillion, a P/E ratio of 27.30, a P/E/G ratio of 1.56 and a beta of 1.27.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the company earned $5.16 EPS. The company's quarterly 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 expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend 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%.

Analyst Upgrades and Downgrades

META has been the topic of a number of analyst reports. JMP Securities increased their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. increased their price objective on Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. TD Securities lowered their price objective on Meta Platforms from $725.00 to $700.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Guggenheim reissued a "buy" rating and set a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Finally, Moffett Nathanson increased their price objective on Meta Platforms from $525.00 to $605.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Three 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, the company presently has an average rating of "Moderate Buy" and an average price target of $822.41.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $400,675.00. Following the sale, the chief operating officer owned 13,128 shares in the company, valued at approximately $10,174,200. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $784.32, for a total value of $364,708.80. Following the sale, the director owned 8,877 shares in the company, valued at $6,962,408.64. The trade was a 4.98% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 312,767 shares of company stock valued at $234,618,139. 13.61% of the stock is currently owned by company insiders.

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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