Rep. John McGuire Purchases Shares of Meta Platforms, Inc. (NASDAQ:META)

Representative John McGuire (R-Virginia) recently bought shares of Meta Platforms, Inc. NASDAQ: META. In a filing disclosed on July 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on June 30th. The trade occurred in the Representative's "MERRILL LYNCH SEP IRA" account.

Representative John McGuire also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 6/16/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 5/16/2025.

Meta Platforms Trading Up 0.4%

NASDAQ:META traded up $2.87 on Friday, reaching $704.28. The company's stock had a trading volume of 12,743,944 shares, compared to its average volume of 14,336,421. Meta Platforms, Inc. has a 12-month low of $442.65 and a 12-month high of $747.90. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.16. The firm has a market cap of $1.77 trillion, a price-to-earnings ratio of 27.47, a price-to-earnings-growth ratio of 1.72 and a beta of 1.28. The stock has a 50 day moving average price of $686.09 and a 200 day moving average price of $638.34.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, April 30th. The social networking company reported $6.43 EPS for the quarter, topping the consensus estimate of $5.33 by $1.10. Meta Platforms had a return on equity of 38.69% and a net margin of 39.11%. The firm had revenue of $42.31 billion during the quarter, compared to analysts' expectations of $41.45 billion. During the same period in the previous year, the firm posted $4.71 EPS. Meta Platforms's revenue for the quarter was up 16.1% on a year-over-year basis. On average, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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 0.30%. Meta Platforms's dividend payout ratio is currently 8.19%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on META. Pivotal Research decreased their target price on Meta Platforms from $875.00 to $830.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Citigroup reaffirmed a "buy" rating on shares of Meta Platforms in a research note on Tuesday, July 15th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $740.00 price objective on shares of Meta Platforms in a research note on Thursday, May 1st. Scotiabank reduced their price objective on Meta Platforms from $627.00 to $525.00 and set a "sector perform" rating for the company in a research note on Monday, April 21st. Finally, Bank of America upped their price objective on Meta Platforms from $690.00 to $765.00 and gave the company a "buy" rating in a research note on Thursday, July 10th. Five research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus target price of $736.05.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. CHURCHILL MANAGEMENT Corp grew its stake in Meta Platforms by 0.3% during the second quarter. CHURCHILL MANAGEMENT Corp now owns 39,627 shares of the social networking company's stock worth $29,248,000 after buying an additional 113 shares during the last quarter. Wiser Wealth Management Inc grew its stake in shares of Meta Platforms by 11.1% during the second quarter. Wiser Wealth Management Inc now owns 928 shares of the social networking company's stock valued at $685,000 after purchasing an additional 93 shares during the last quarter. EWA LLC grew its stake in shares of Meta Platforms by 4.5% during the second quarter. EWA LLC now owns 7,872 shares of the social networking company's stock valued at $5,810,000 after purchasing an additional 338 shares during the last quarter. Pinnacle Investment Management Ltd grew its stake in shares of Meta Platforms by 500.0% during the second quarter. Pinnacle Investment Management Ltd now owns 3,000 shares of the social networking company's stock valued at $2,214,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Northstar Group Inc. grew its stake in shares of Meta Platforms by 0.3% during the second quarter. Northstar Group Inc. now owns 24,542 shares of the social networking company's stock valued at $18,114,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 465 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $723.08, for a total value of $336,232.20. Following the sale, the director directly owned 9,342 shares of the company's stock, valued at approximately $6,755,013.36. The trade was a 4.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $723.08, for a total transaction of $375,278.52. Following the completion of the sale, the insider directly owned 26,588 shares in the company, valued at $19,225,251.04. This represents a 1.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 153,764 shares of company stock valued at $105,721,208 over the last three months. 13.61% of the stock is owned by company insiders.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia's 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia's 5th Congressional District. He declared candidacy for the 2026 election. John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

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.