Sen. John Boozman Buys Meta Platforms, Inc. (NASDAQ:META) Shares

Senator John Boozman (R-Arkansas) recently bought shares of Meta Platforms, Inc. NASDAQ: META. In a filing disclosed on June 14th, the Senator disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on May 30th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 6/11/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Invesco Short Term Treasury ETF NYSEARCA: TBLL on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Fortune Brands Innovations NYSE: FBIN on 5/30/2025.
• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 5/30/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 5/20/2025.
• Sold $1,001 - $15,000 in shares of NRG Energy NYSE: NRG on 5/20/2025.
• Sold $1,001 - $15,000 in shares of General Dynamics NYSE: GD on 5/20/2025.
• Sold $1,001 - $15,000 in shares of DTE Energy NYSE: DTE on 5/20/2025.

Meta Platforms Stock Up 0.3%

NASDAQ META traded up $2.11 during trading hours on Thursday, hitting $715.69. 6,430,526 shares of the company were exchanged, compared to its average volume of 15,473,260. The company has a 50 day moving average of $689.62 and a two-hundred day moving average of $640.33. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.16. Meta Platforms, Inc. has a 52-week low of $442.65 and a 52-week high of $747.90. The firm has a market cap of $1.80 trillion, a price-to-earnings ratio of 27.90, a PEG ratio of 1.71 and a beta of 1.28.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The social networking company reported $6.43 EPS for the quarter, beating analysts' consensus estimates of $5.33 by $1.10. The business had revenue of $42.31 billion for the quarter, compared to the consensus estimate of $41.45 billion. Meta Platforms had a return on equity of 38.69% and a net margin of 39.11%. The business's revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.71 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 declared a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.29%. The ex-dividend date of this dividend was Monday, June 16th. Meta Platforms's dividend payout ratio (DPR) is presently 8.19%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Stifel Nicolaus lifted their target price on Meta Platforms from $655.00 to $845.00 and gave the company a "buy" rating in a research note on Tuesday. Citigroup reissued a "buy" rating on shares of Meta Platforms in a report on Tuesday, July 15th. Needham & Company LLC raised Meta Platforms from an "underperform" rating to a "hold" rating in a report on Thursday, July 3rd. Wells Fargo & Company lifted their price objective on Meta Platforms from $664.00 to $783.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Finally, Truist Financial lifted their price objective on Meta Platforms from $700.00 to $720.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $752.33.

Hedge Funds Weigh In On Meta Platforms

Several institutional investors have recently made changes to their positions in META. Kingstone Capital Partners Texas LLC grew its holdings in shares of Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. Norges Bank acquired a new stake in Meta Platforms in the fourth quarter worth approximately $19,949,512,000. GAMMA Investing LLC lifted its position in Meta Platforms by 67,172.9% in the first quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock worth $13,517,178,000 after purchasing an additional 23,417,803 shares during the period. Proficio Capital Partners LLC lifted its position in shares of Meta Platforms by 78,471.1% during the 4th quarter. Proficio Capital Partners LLC now owns 6,248,763 shares of the social networking company's stock valued at $3,658,713,000 after acquiring an additional 6,240,810 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Meta Platforms during the 1st quarter valued at $2,990,544,000. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of $706.41, for a total value of $365,213.97. Following the completion of the sale, the chief operating officer owned 6,302 shares in the company, valued at $4,451,795.82. This represents a 7.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark Zuckerberg sold 2,361 shares of the stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $716.48, for a total value of $1,691,609.28. The disclosure for this sale can be found here. Insiders have sold a total of 152,954 shares of company stock worth $105,433,784 over the last quarter. 13.61% of the stock is currently owned by insiders.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.