Wealth Architects LLC Lowers Stock Position in Meta Platforms, Inc. $META

Wealth Architects LLC cut its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 15,779 shares of the social networking company’s stock after selling 700 shares during the quarter. Meta Platforms makes up 1.2% of Wealth Architects LLC’s holdings, making the stock its 23rd biggest holding. Wealth Architects LLC’s holdings in Meta Platforms were worth $11,647,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Meta Platforms during the 1st quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the 1st quarter valued at $33,000. Evergreen Private Wealth LLC grew its stake in shares of Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares during the period. JCIC Asset Management Inc. grew its stake in shares of Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after buying an additional 40 shares during the period. Finally, Maseco LLP purchased a new stake in shares of Meta Platforms during the 2nd quarter valued at $54,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Up 0.1%

Shares of Meta Platforms stock opened at $734.00 on Friday. The business has a 50-day moving average of $743.05 and a 200-day moving average of $688.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market capitalization of $1.84 trillion, a PE ratio of 26.57, a P/E/G ratio of 1.53 and a beta of 1.20. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its earnings results 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. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s revenue was up 21.6% on a year-over-year basis. During the same period last year, the firm earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

Insider Activity at Meta Platforms

In other news, CFO Susan J. Li sold 18,332 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the transaction, the insider directly owned 237,205 shares in the company, valued at $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 214,182 shares of company stock worth $164,951,541. 13.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Citizens Jmp increased their price target on Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Sanford C. Bernstein increased their price target on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and increased their price target for the company from $610.00 to $900.00 in a report on Thursday, July 31st. Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Finally, JPMorgan Chase & Co. increased their price target on Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $829.66.

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.