Ceera Investments LLC Has $17.27 Million Holdings in Meta Platforms, Inc. $META

Ceera Investments LLC lowered its position in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 0.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 23,391 shares of the social networking company’s stock after selling 85 shares during the quarter. Meta Platforms accounts for about 5.3% of Ceera Investments LLC’s holdings, making the stock its 2nd biggest holding. Ceera Investments LLC’s holdings in Meta Platforms were worth $17,265,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Csenge Advisory Group boosted its holdings in Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC increased its holdings in shares of Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after acquiring an additional 34 shares in the last quarter. JMG Financial Group Ltd. purchased a new position in shares of Meta Platforms in the 1st quarter worth about $284,000. Infusive Asset Management Inc. boosted its stake in Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC grew its position in Meta Platforms by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after purchasing an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

NASDAQ META opened at $609.89 on Friday. The stock has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 26.94, a PEG ratio of 1.35 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. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The business’s fifty day moving average price is $716.58 and its 200-day moving average price is $703.72.

Meta Platforms (NASDAQ:METAGet Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter in the prior year, the business earned $6.03 earnings per share. Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm 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 is presently 9.28%.

Wall Street Analyst Weigh In

META has been the topic of several analyst reports. Zacks Research upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Barclays decreased their price objective on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Truist Financial lowered their price objective on Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Stifel Nicolaus cut their target price on Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Finally, Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $827.60.

Check Out Our Latest Research Report on META

Insider Transactions at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total value of $376,923.75. Following the transaction, the insider owned 31,908 shares of the company’s stock, valued at approximately $23,173,185. This trade represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Susan J. Li sold 18,332 shares of the business’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 transaction of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares of the company’s stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 44,421 shares of company stock worth $33,573,980 in the last quarter. Company insiders own 13.61% of the company’s stock.

About Meta Platforms

(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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