Quadrant Private Wealth Management LLC Has $15.32 Million Stock Position in Meta Platforms, Inc. $META

Quadrant Private Wealth Management LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,757 shares of the social networking company’s stock after acquiring an additional 664 shares during the quarter. Meta Platforms makes up about 3.2% of Quadrant Private Wealth Management LLC’s holdings, making the stock its 2nd largest position. Quadrant Private Wealth Management LLC’s holdings in Meta Platforms were worth $15,321,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of META. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms in the 1st quarter worth about $33,000. Evergreen Private Wealth LLC increased its holdings in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in Meta Platforms during the second quarter worth about $42,000. WFA Asset Management Corp raised its position in Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after acquiring an additional 20 shares during the period. Finally, Maseco LLP purchased a new position in Meta Platforms in the second quarter valued at about $54,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

META has been the subject of several research analyst reports. Citizens Jmp raised their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Benchmark downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday, October 30th. Erste Group Bank cut Meta Platforms from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Morgan Stanley increased their price target on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Finally, Cantor Fitzgerald lowered their price objective on Meta Platforms from $920.00 to $830.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $827.60.

Meta Platforms Stock Down 0.7%

Shares of NASDAQ META opened at $597.69 on Wednesday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The business has a 50-day simple moving average of $707.36 and a two-hundred day simple moving average of $706.50. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.51 trillion, a P/E ratio of 26.40, a P/E/G ratio of 1.34 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same period in the prior year, the business posted $6.03 earnings per share. The company’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts anticipate 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. Shareholders of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms’s dividend payout ratio is currently 9.28%.

Insider Activity

In other news, COO Javier Olivan sold 2,610 shares of the business’s stock in a transaction on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total transaction of $1,590,690.60. Following the completion of the transaction, the chief operating officer directly owned 9,784 shares in the company, valued at $5,962,956.64. The trade was a 21.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Andrew Bosworth sold 5,063 shares of the stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $3,085,695.98. Following the completion of the sale, the chief technology officer owned 6,936 shares in the company, valued at $4,227,214.56. This trade represents a 42.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,424 shares of company stock valued at $18,868,377 in the last quarter. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Company 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.