Meta Platforms, Inc. $META Stock Position Raised by Triglav Skladi D.O.O.

Key Points

• Triglav Skladi D.O.O. increased its stake in Meta Platforms, Inc. by 9.0%, owning 115,140 shares worth approximately $66.36 million, making it the fund's 5th largest position.
• Several large investors, including Valley Financial Group and Lantern Wealth Advisors, have recently made adjustments to their positions in Meta, showing growing interest from institutional investors.
• Meta's stock received positive upgrades from multiple analysts, with price targets ranging from $700 to $980, indicating strong market confidence and an average rating of “Moderate Buy”.

Triglav Skladi D.O.O. lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 9.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 115,140 shares of the social networking company's stock after acquiring an additional 9,524 shares during the quarter. Meta Platforms makes up approximately 5.6% of Triglav Skladi D.O.O.'s holdings, making the stock its 5th biggest position. Triglav Skladi D.O.O.'s holdings in Meta Platforms were worth $66,361,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Valley Financial Group Inc. grew its holdings in Meta Platforms by 2.4% during the fourth quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock worth $344,000 after acquiring an additional 14 shares during the period. Lantern Wealth Advisors LLC grew its holdings in Meta Platforms by 0.5% in 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 period. ABLE Financial Group LLC grew its holdings in Meta Platforms by 0.7% in 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 period. Mosaic Family Wealth Partners LLC grew its holdings in Meta Platforms by 1.2% in 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 period. Finally, Orin Green Financial LLC grew its holdings in Meta Platforms by 2.2% in the fourth quarter. Orin Green Financial LLC now owns 795 shares of the social networking company's stock valued at $465,000 after purchasing an additional 17 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Trading Down 0.5%

NASDAQ META traded down $3.76 on Wednesday, reaching $747.72. 11,870,069 shares of the company were exchanged, compared to its average volume of 13,484,792. The business's fifty day moving average price is $727.95 and its 200 day moving average price is $657.05. The stock has a market capitalization of $1.88 trillion, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 1.56 and a beta of 1.27. 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 released its quarterly earnings data 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. 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 for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the company posted $5.16 earnings per share. The firm's revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Analyst Ratings Changes

Several analysts have commented on the company. Royal Bank Of Canada raised their price objective on Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Bank of America raised their price objective on Meta Platforms from $775.00 to $900.00 and gave the company a "buy" rating in a report on Thursday, July 31st. TD Securities dropped 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. Rosenblatt Securities raised their price objective on Meta Platforms from $846.00 to $918.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Finally, Truist Financial raised their price objective on Meta Platforms from $700.00 to $720.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $822.41.

Insider Buying and Selling

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $402,225.00. Following the completion of 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 313,803 shares of company stock valued at $235,276,424. 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.