Fairvoy Private Wealth LLC Grows Position in Meta Platforms, Inc. $META

Fairvoy Private Wealth LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 2.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,370 shares of the social networking company’s stock after acquiring an additional 179 shares during the quarter. Meta Platforms comprises 1.2% of Fairvoy Private Wealth LLC’s portfolio, making the stock its 24th biggest position. Fairvoy Private Wealth LLC’s holdings in Meta Platforms were worth $4,701,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of META. Brighton Jones LLC lifted its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after purchasing an additional 875 shares during the last quarter. GAMMA Investing LLC increased its holdings in Meta Platforms by 16.7% during the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock worth $23,453,000 after purchasing an additional 5,829 shares during the last quarter. Visionary Horizons LLC grew its position in shares of Meta Platforms by 62.5% during the first quarter. Visionary Horizons LLC now owns 1,113 shares of the social networking company’s stock worth $642,000 after buying an additional 428 shares in the last quarter. Finally, Magnolia Private Wealth LLC grew its position in shares of Meta Platforms by 46.0% during the first quarter. Magnolia Private Wealth LLC now owns 711 shares of the social networking company’s stock worth $410,000 after buying an additional 224 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the transaction, the director directly owned 8,412 shares in the company, valued at $6,371,837.64. This represents a 5.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total value of $372,112.62. Following the sale, the insider directly owned 29,313 shares in the company, valued at approximately $21,016,834.74. This trade represents a 1.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 214,182 shares of company stock worth $164,946,219 in the last 90 days. 13.61% of the stock is owned by company insiders.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $705.30 on Friday. The company’s fifty day moving average is $752.20 and its two-hundred day moving average is $678.77. 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 12-month low of $479.80 and a 12-month high of $796.25. The company has a market cap of $1.77 trillion, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20.

Meta Platforms (NASDAQ:METAGet Free Report) last posted its quarterly 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 net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same period in the previous year, the company posted $5.16 EPS. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on META. Guggenheim reissued a “buy” rating and issued a $800.00 price objective (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. DA Davidson lifted their target price on Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Loop Capital restated a “buy” rating and set a $980.00 price objective (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Finally, Benchmark increased their target price on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Four research 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’s stock. According to data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $830.68.

Read Our Latest Analysis on Meta Platforms

Meta Platforms Profile

(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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