Warwick Investment Management Inc. Purchases 428 Shares of Meta Platforms, Inc. $META

Key Points

• Warwick Investment Management Inc. increased its stake in Meta Platforms, Inc. by 27.8%, purchasing an additional 428 shares, bringing its total holdings to 1,969 shares valued at approximately $1,135,000.
• A significant number of large investors have boosted their positions in Meta Platforms, with 79.91% of the stock currently owned by institutional investors.
• Meta Platforms recently reported a 21.6% increase in year-over-year revenue, with $47.52 billion in revenue for the quarter and earnings per share of $7.14, exceeding analyst expectations.

Warwick Investment Management Inc. raised its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 27.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,969 shares of the social networking company's stock after purchasing an additional 428 shares during the quarter. Warwick Investment Management Inc.'s holdings in Meta Platforms were worth $1,135,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in META. Redwood Investment Management LLC lifted its position in shares of Meta Platforms by 40.5% during the 1st quarter. Redwood Investment Management LLC now owns 4,289 shares of the social networking company's stock valued at $2,472,000 after buying an additional 1,236 shares in the last quarter. Samalin Investment Counsel LLC lifted its position in shares of Meta Platforms by 30.4% during the 1st quarter. Samalin Investment Counsel LLC now owns 4,303 shares of the social networking company's stock valued at $2,480,000 after buying an additional 1,004 shares in the last quarter. Causeway Capital Management LLC lifted its position in shares of Meta Platforms by 6.0% during the 1st quarter. Causeway Capital Management LLC now owns 105,485 shares of the social networking company's stock valued at $60,797,000 after buying an additional 5,924 shares in the last quarter. PKS Advisory Services LLC lifted its position in shares of Meta Platforms by 118.9% during the 1st quarter. PKS Advisory Services LLC now owns 4,190 shares of the social networking company's stock valued at $2,417,000 after buying an additional 2,276 shares in the last quarter. Finally, Harvest Portfolios Group Inc. lifted its position in shares of Meta Platforms by 47.6% during the 1st quarter. Harvest Portfolios Group Inc. now owns 64,122 shares of the social networking company's stock valued at $36,957,000 after buying an additional 20,674 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Friday, August 15th. The shares were 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. Insiders have sold a total of 312,767 shares of company stock worth $234,618,139 in the last ninety days. Corporate insiders own 13.61% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. HSBC raised Meta Platforms from a "hold" rating to a "buy" rating and lifted their price objective for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Guggenheim reaffirmed a "buy" rating and set a $800.00 price objective (up from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. TD Cowen lifted their price objective on Meta Platforms from $800.00 to $875.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Evercore ISI lifted their price objective on Meta Platforms from $725.00 to $750.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Finally, Needham & Company LLC raised Meta Platforms from an "underperform" rating to a "hold" rating in a report on Thursday, July 3rd. Three investment 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $822.41.

Meta Platforms Stock Up 0.1%

Shares of META opened at $754.10 on Wednesday. The stock has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 27.30, a price-to-earnings-growth ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The business's 50 day simple moving average is $732.47 and its 200-day simple moving average is $657.92. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

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

Meta Platforms Dividend Announcement

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

Meta Platforms 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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