Meta Platforms, Inc. $META Shares Sold by DCM Advisors LLC

DCM Advisors LLC reduced its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 17.6% during the first quarter, Holdings Channel reports. The firm owned 16,522 shares of the social networking company’s stock after selling 3,523 shares during the period. Meta Platforms makes up 5.0% of DCM Advisors LLC’s holdings, making the stock its 3rd largest holding. DCM Advisors LLC’s holdings in Meta Platforms were worth $9,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in META. GAMMA Investing LLC grew its stake in Meta Platforms by 67,172.9% during the first quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company’s stock valued at $13,517,178,000 after acquiring an additional 23,417,803 shares in the last quarter. Nuveen LLC purchased a new position in Meta Platforms in the 1st quarter worth approximately $2,990,544,000. Assenagon Asset Management S.A. grew its stake in Meta Platforms by 712.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company’s stock worth $1,462,589,000 after buying an additional 2,225,186 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Meta Platforms in the 4th quarter worth approximately $1,162,918,000. Finally, Amundi raised its holdings in Meta Platforms by 23.5% during the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock valued at $4,111,050,000 after buying an additional 1,470,070 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

NASDAQ META opened at $752.30 on Tuesday. The stock has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.55 and a beta of 1.24. 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 12 month low of $479.80 and a 12 month high of $796.25. The company’s 50 day moving average is $738.68 and its two-hundred day moving average is $659.29.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same quarter last year, the business posted $5.16 earnings per share. The company’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. As a group, research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on META shares. DA Davidson upped their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Roth Capital upped their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. KeyCorp upped their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Finally, Morgan Stanley upped their price objective on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $822.41.

Insider Activity

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total transaction of $376,923.75. Following the transaction, the insider owned 31,908 shares in the company, valued at approximately $23,173,185. This trade represents a 1.60% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 290,046 shares of company stock valued at $218,812,787. Insiders own 13.61% of the company’s stock.

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.