Rep. Cleo Fields Buys Meta Platforms, Inc. (NASDAQ:META) Shares

Key Points

• Representative Cleo Fields of Louisiana purchased between $15,001 and $50,000 worth of shares in Meta Platforms, Inc. (NASDAQ:META) on September 17th, according to a filing disclosed on September 30th.
• Meta Platforms recently announced a quarterly dividend of $0.525, leading to an annualized dividend of $2.10 and a yield of 0.3%.
• Meta Platforms achieved a 21.6% year-over-year revenue increase in its latest quarterly results, with earnings per share of $7.14, surpassing analysts' expectations.

Representative Cleo Fields (D-Louisiana) recently bought shares of Meta Platforms, Inc. NASDAQ: META. In a filing disclosed on September 30th, the Representative disclosed that they had bought between $15,001 and $50,000 in Meta Platforms stock on September 17th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Oracle NYSE: ORCL on 9/23/2025.
• Purchased $1,001 - $15,000 in shares of Opendoor Technologies NASDAQ: OPEN on 9/19/2025.
• Purchased $15,001 - $50,000 in shares of Oracle NYSE: ORCL on 9/18/2025.
• Purchased $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 9/17/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 9/17/2025.
• Purchased $50,001 - $100,000 in shares of Oracle NYSE: ORCL on 9/17/2025.
• Purchased $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOG on 9/17/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 9/17/2025.
• Purchased $50,001 - $100,000 in shares of Amazon.com NASDAQ: AMZN on 9/10/2025.
• Purchased $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 9/10/2025.

Meta Platforms Stock Performance

Meta Platforms stock opened at $717.34 on Thursday. The stock has a fifty day moving average price of $753.01 and a 200 day moving average price of $673.09. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The firm has a market capitalization of $1.80 trillion, a P/E ratio of 25.97, a PEG ratio of 1.53 and a beta of 1.20. 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 EPS for the quarter, beating the consensus estimate 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 analysts' expectations of $44.55 billion. During the same quarter in the previous year, the business earned $5.16 EPS. The firm's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts anticipate 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 Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms's dividend payout ratio is presently 7.60%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on META. Monness Crespi & Hardt boosted their target price 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. Needham & Company LLC raised shares of Meta Platforms from an "underperform" rating to a "hold" rating in a research note on Thursday, July 3rd. Benchmark upped their price objective on Meta Platforms from $800.00 to $890.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Pivotal Research lifted their target price on Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, Piper Sandler upped their price target on Meta Platforms from $808.00 to $880.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $830.02.

Institutional Investors Weigh In On Meta Platforms

Hedge funds and other institutional investors have recently bought and sold shares of the business. Csenge Advisory Group grew its stake in Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock worth $5,498,000 after purchasing an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC lifted its holdings in Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock worth $452,000 after buying an additional 34 shares during the last quarter. JMG Financial Group Ltd. acquired a new position in shares of Meta Platforms in the 1st quarter worth approximately $284,000. Infusive Asset Management Inc. increased its holdings in shares of Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company's stock valued at $13,614,000 after acquiring an additional 2,285 shares during the last quarter. Finally, Aspire Growth Partners LLC raised its position in shares of Meta Platforms by 7.3% during the 1st quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company's stock valued at $395,000 after acquiring an additional 45 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 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 $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 213,663 shares of company stock valued at $164,570,329. Company insiders own 13.61% of the company's stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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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