Wiser Wealth Management Inc Boosts Stock Position in Meta Platforms, Inc. $META

Wiser Wealth Management Inc boosted its holdings in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 11.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 928 shares of the social networking company’s stock after purchasing an additional 93 shares during the period. Meta Platforms comprises 0.2% of Wiser Wealth Management Inc’s holdings, making the stock its 28th largest position. Wiser Wealth Management Inc’s holdings in Meta Platforms were worth $685,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC lifted its position in shares of Meta Platforms by 608,429.2% during the 2nd 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 buying an additional 59,766,000 shares during the last quarter. Nuveen LLC purchased a new stake in Meta Platforms during the 1st quarter worth about $2,990,544,000. Assenagon Asset Management S.A. lifted its holdings in Meta Platforms by 712.2% during 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 purchasing an additional 2,225,186 shares in the last quarter. Amundi lifted 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 worth $4,111,050,000 after purchasing an additional 1,470,070 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on META shares. Guggenheim restated a “buy” rating and issued a $800.00 target price (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Piper Sandler upped their target price on Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Morgan Stanley upped their target price on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Roth Capital upped their target price on Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Finally, TD Cowen upped their target price on Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Four 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $830.61.

Read Our Latest Research Report on Meta Platforms

Meta Platforms Stock Performance

Shares of META stock opened at $717.84 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The stock has a 50 day moving average price of $753.89 and a two-hundred day moving average price of $677.44. The company has a market capitalization of $1.80 trillion, a P/E ratio of 25.99, a PEG ratio of 1.49 and a beta of 1.20.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share 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 firm had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the previous year, the company posted $5.16 earnings per share. The business’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $352,223.55. Following the sale, the director directly owned 8,412 shares in the company, valued at approximately $6,371,837.64. This trade represents a 5.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $704.81, for a total value of $364,386.77. Following the completion of the sale, the chief operating officer owned 9,509 shares in the company, valued at approximately $6,702,038.29. This represents a 5.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 213,663 shares of company stock worth $164,574,107. 13.61% of the stock is currently owned by insiders.

Meta Platforms Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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