Warren Street Wealth Advisors LLC Has $2.33 Million Stock Holdings in Meta Platforms, Inc. $META

Warren Street Wealth Advisors LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,159 shares of the social networking company’s stock after purchasing an additional 155 shares during the period. Meta Platforms accounts for 0.8% of Warren Street Wealth Advisors LLC’s portfolio, making the stock its 26th largest holding. Warren Street Wealth Advisors LLC’s holdings in Meta Platforms were worth $2,332,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of META. Inlight Wealth Management LLC bought a new stake in Meta Platforms in the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms during the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the 1st quarter worth approximately $33,000. Evergreen Private Wealth LLC increased its position in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares in the last quarter. Finally, JCIC Asset Management Inc. lifted its stake in Meta Platforms by 102.6% in the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after purchasing an additional 40 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total value of $384,838.50. Following the sale, the insider owned 29,832 shares of the company’s stock, valued at $22,120,428. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $704.81, for a total transaction of $364,386.77. Following the completion of the sale, the chief operating officer directly owned 9,509 shares in the company, valued at approximately $6,702,038.29. This trade represents a 5.16% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 213,663 shares of company stock valued at $164,574,107. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Up 0.7%

META opened at $717.84 on Thursday. The firm 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. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick 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 company’s 50-day moving average is $753.89 and its 200 day moving average is $677.44.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on META shares. Sanford C. Bernstein increased their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Robert W. Baird increased their price objective on shares of Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a research note on Wednesday, July 2nd. Cantor Fitzgerald reissued an “overweight” rating and issued a $920.00 price objective on shares of Meta Platforms in a research note on Wednesday, September 17th. Oppenheimer increased their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada upped their price target on shares of Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $830.61.

Meta Platforms 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.