Harold Davidson & Associates Inc. Cuts Stock Holdings in Meta Platforms, Inc. $META

Harold Davidson & Associates Inc. trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 1.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,513 shares of the social networking company’s stock after selling 57 shares during the quarter. Meta Platforms makes up about 1.7% of Harold Davidson & Associates Inc.’s portfolio, making the stock its 16th biggest holding. Harold Davidson & Associates Inc.’s holdings in Meta Platforms were worth $3,177,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC grew its stake in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares during the period. Bank Pictet & Cie Europe AG grew its stake in Meta Platforms by 3.5% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company’s stock valued at $129,666,000 after acquiring an additional 7,587 shares during the period. Highview Capital Management LLC DE grew its stake in Meta Platforms by 3.7% in the 4th quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company’s stock valued at $3,624,000 after acquiring an additional 218 shares during the period. Finally, Triumph Capital Management grew its stake in Meta Platforms by 6.0% in the 4th quarter. Triumph Capital Management now owns 1,846 shares of the social networking company’s stock valued at $1,081,000 after acquiring an additional 105 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

META has been the topic of a number of research analyst reports. Raymond James Financial lifted their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 31st. Roth Capital lifted their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a research note on Tuesday, July 8th. Monness Crespi & Hardt lifted their price target on shares of Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Pivotal Research raised their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, DA Davidson raised their price objective on Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $822.41.

Meta Platforms Trading Down 0.1%

Shares of META stock opened at $750.90 on Friday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The stock’s fifty day moving average is $741.05 and its two-hundred day moving average is $661.24. The firm has a market capitalization of $1.89 trillion, a P/E ratio of 27.19, a PEG ratio of 1.55 and a beta of 1.24.

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. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the firm earned $5.16 EPS. The company’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares in the company, valued at approximately $1,394,225. The trade was a 86.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $757.50, for a total transaction of $393,142.50. Following the completion of the sale, the insider owned 31,389 shares in the company, valued at approximately $23,777,167.50. This trade represents a 1.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 283,280 shares of company stock valued at $214,119,908 in the last quarter. Corporate insiders own 13.61% of the company’s stock.

About Meta Platforms

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.