Intrua Financial LLC Increases Stock Position in Meta Platforms, Inc. $META

Intrua Financial LLC raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 19.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 912 shares of the social networking company’s stock after buying an additional 148 shares during the period. Intrua Financial LLC’s holdings in Meta Platforms were worth $525,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in Meta Platforms by 67,172.9% during the 1st quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company’s stock valued at $13,517,178,000 after buying an additional 23,417,803 shares during the period. Invesco Ltd. boosted its position in Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after buying an additional 400,927 shares during the period. Goldman Sachs Group Inc. boosted its position in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after buying an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock valued at $7,229,553,000 after buying an additional 536,160 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Meta Platforms by 2.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,007,308 shares of the social networking company’s stock valued at $7,030,399,000 after buying an additional 280,357 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $755.65, for a total transaction of $390,671.05. Following the sale, the chief operating officer owned 11,577 shares in the company, valued at $8,748,160.05. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer owned 84,141 shares in the company, valued at $64,343,464.11. This represents a 17.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 283,280 shares of company stock worth $214,119,908. 13.61% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently commented on META. JPMorgan Chase & Co. raised their target price on shares of Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Guggenheim reaffirmed a “buy” rating and issued a $800.00 target price (up from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Bank of America increased their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research note 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, Monness Crespi & Hardt raised their price objective 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. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $822.41.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $750.90 on Friday. The company has a market capitalization of $1.89 trillion, a P/E ratio of 27.19, a P/E/G ratio of 1.55 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm’s 50 day simple moving average is $741.05 and its two-hundred day simple moving average is $661.24.

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

Meta Platforms Announces Dividend

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