Ewa LLC Raises Position in Meta Platforms, Inc. $META

Ewa LLC lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 4.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,872 shares of the social networking company’s stock after acquiring an additional 338 shares during the period. Meta Platforms accounts for approximately 1.8% of Ewa LLC’s investment portfolio, making the stock its 16th biggest holding. Ewa LLC’s holdings in Meta Platforms were worth $5,810,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in META. Inlight Wealth Management LLC acquired a new position in shares of Meta Platforms in the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms during the 1st quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the 1st quarter worth about $33,000. Evergreen Private Wealth LLC grew 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 during the period. Finally, JCIC Asset Management Inc. grew its position in Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after purchasing an additional 40 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

META has been the topic of a number of analyst reports. Truist Financial set a $880.00 target price on Meta Platforms in a research report on Thursday, September 18th. Raymond James Financial raised their target price on Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 31st. TD Cowen raised their target price on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Finally, UBS Group raised their target price on Meta Platforms from $812.00 to $897.00 and gave the company a “buy” 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 given a Hold rating to the company. Based on data from MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $830.61.

Insider Activity

In other news, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the sale, the director directly owned 8,412 shares of the company’s stock, valued at approximately $6,371,837.64. This represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $704.81, for a total transaction of $364,386.77. Following the transaction, the chief operating officer directly owned 9,509 shares of the company’s stock, valued at $6,702,038.29. This represents a 5.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 213,663 shares of company stock valued at $164,574,107. Insiders own 13.61% of the company’s stock.

Meta Platforms Stock Up 0.7%

Shares of NASDAQ META opened at $717.84 on Thursday. The firm has a market cap of $1.80 trillion, a price-to-earnings ratio of 25.99, a PEG ratio of 1.49 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The business’s 50 day moving average is $753.89 and its two-hundred day moving average is $677.44.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company’s quarterly revenue was up 21.6% compared to the same quarter last year. 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 predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

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.