Aurora Private Wealth Inc. Buys 83 Shares of Meta Platforms, Inc. $META

Aurora Private Wealth Inc. lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 1.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,305 shares of the social networking company’s stock after acquiring an additional 83 shares during the quarter. Meta Platforms makes up approximately 2.9% of Aurora Private Wealth Inc.’s investment portfolio, making the stock its 5th largest position. Aurora Private Wealth Inc.’s holdings in Meta Platforms were worth $3,916,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of META. Inlight Wealth Management LLC acquired a new position in Meta Platforms during the first quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms during the first quarter worth approximately $28,000. Evergreen Private Wealth LLC increased its position 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. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms during the first quarter worth approximately $33,000. Finally, Maseco LLP acquired a new position in Meta Platforms during the second quarter worth approximately $54,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $716.91 on Monday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock’s 50 day moving average is $746.75 and its 200-day moving average is $684.78. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.96, a PEG ratio of 1.50 and a beta of 1.20.

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

Meta Platforms Announces Dividend

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

Analyst Upgrades and Downgrades

META has been the topic of a number of recent analyst reports. Oppenheimer boosted their price target on Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. TD Cowen boosted their price target on Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. UBS Group boosted their price target on Meta Platforms from $897.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Benchmark boosted their price target on Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Citizens Jmp boosted their price target on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” 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 issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $830.68.

Insider Activity at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $713.34, for a total value of $368,796.78. Following the completion of the sale, the chief operating officer directly owned 8,992 shares in the company, valued at approximately $6,414,353.28. The trade was a 5.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total value of $367,374.15. Following the completion of the sale, the insider owned 28,794 shares of the company’s stock, valued at approximately $20,381,832.90. This trade represents a 1.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 213,665 shares of company stock worth $164,568,109. Company insiders own 13.61% of the company’s stock.

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.