HFM Investment Advisors LLC Makes New Investment in Meta Platforms, Inc. $META

HFM Investment Advisors LLC purchased a new position in Meta Platforms, Inc. (NASDAQ:META) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 122 shares of the social networking company’s stock, valued at approximately $70,000.

Other hedge funds have also modified their holdings of the company. Inlight Wealth Management LLC purchased a new position in shares of Meta Platforms in the first quarter worth $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Meta Platforms in the first quarter worth $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms in the first quarter worth $33,000. JCIC Asset Management Inc. lifted its holdings in shares of Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after buying an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new position in shares of Meta Platforms in the fourth quarter worth $47,000. 79.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Susan J. Li sold 18,332 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total transaction of $376,923.75. Following the completion of the sale, the insider directly owned 31,908 shares in the company, valued at approximately $23,173,185. This represents a 1.60% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 290,046 shares of company stock valued at $218,812,787. 13.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on META shares. Roth Capital boosted their target price on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Royal Bank Of Canada boosted their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Zacks Research downgraded shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. KeyCorp upped their price target on shares of Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Finally, Wells Fargo & Company upped their price target on shares of Meta Platforms from $783.00 to $811.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $822.41.

Meta Platforms Price Performance

Meta Platforms stock opened at $752.30 on Tuesday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The company has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.55 and a beta of 1.24. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm’s fifty day moving average is $738.68 and its 200 day moving average is $659.29.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share 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 the consensus estimate of $44.55 billion. During the same quarter in the prior year, the firm posted $5.16 earnings per share. The business’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. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

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.