Clarity Financial LLC Cuts Stock Position in Meta Platforms, Inc. $META

Clarity Financial LLC reduced its position in Meta Platforms, Inc. (NASDAQ:META) by 16.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 568 shares of the social networking company’s stock after selling 108 shares during the quarter. Clarity Financial LLC’s holdings in Meta Platforms were worth $419,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Pachira Investments Inc. boosted its holdings in shares of Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after purchasing an additional 14 shares in the last quarter. Shelton Wealth Management LLC grew its position in Meta Platforms by 0.9% during the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock worth $1,302,000 after acquiring an additional 15 shares during the last quarter. Myecfo LLC grew its position in Meta Platforms by 2.0% during the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after acquiring an additional 15 shares during the last quarter. Kooman & Associates grew its position in Meta Platforms by 2.8% during the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock worth $402,000 after acquiring an additional 15 shares during the last quarter. Finally, Nabity Jensen Investment Management Inc grew its position in Meta Platforms by 1.1% during the 2nd quarter. Nabity Jensen Investment Management Inc now owns 1,378 shares of the social networking company’s stock worth $1,017,000 after acquiring an additional 15 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Meta Platforms

In related news, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $769.38, for a total transaction of $12,192,364.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 213,663 shares of company stock worth $164,574,107. 13.61% of the stock is owned by company insiders.

Meta Platforms Trading Up 0.7%

META opened at $717.84 on Thursday. The stock has a market cap of $1.80 trillion, a PE ratio of 25.99, a PEG ratio of 1.49 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average of $753.89 and a 200-day moving average of $677.44. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid 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 presently 7.60%.

Wall Street Analysts Forecast Growth

META has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. DA Davidson raised their price target on Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and raised their price target for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Scotiabank raised their price target on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 31st. Finally, Monness Crespi & Hardt raised their price target on Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price of $830.61.

About Meta Platforms

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.