JBF Capital Inc. Buys 15,000 Shares of Meta Platforms, Inc. $META

JBF Capital Inc. boosted its stake in Meta Platforms, Inc. (NASDAQ:META) by 272.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,500 shares of the social networking company’s stock after acquiring an additional 15,000 shares during the period. Meta Platforms comprises approximately 2.4% of JBF Capital Inc.’s portfolio, making the stock its 7th largest position. JBF Capital Inc.’s holdings in Meta Platforms were worth $15,131,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Evergreen Private Wealth LLC grew its stake 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 buying an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the first quarter valued at approximately $33,000. Briaud Financial Planning Inc purchased a new position in shares of Meta Platforms during the second quarter worth approximately $42,000. WFA Asset Management Corp increased its holdings in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after acquiring an additional 20 shares during the period. Finally, Maseco LLP acquired a new position in shares of Meta Platforms in the 2nd quarter valued at $54,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on META. Truist Financial decreased their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Monness Crespi & Hardt reduced their target price on shares of Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Morgan Stanley raised their price target on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. UBS Group boosted their price target on Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, BNP Paribas started coverage on Meta Platforms in a research note on Monday. They set an “outperform” rating and a $800.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $823.93.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $636.22 on Wednesday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company has a 50-day moving average price of $691.78 and a 200 day moving average price of $706.84. The company has a market cap of $1.60 trillion, a P/E ratio of 28.10, a PEG ratio of 1.28 and a beta of 1.20. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same period in the prior year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 9.28%.

Insider Activity at Meta Platforms

In related news, CAO Aaron Anderson sold 726 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the sale, the chief accounting officer owned 6,035 shares of the company’s stock, valued at approximately $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Andrew Bosworth sold 11,690 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total transaction of $6,935,793.90. Following the transaction, the chief technology officer owned 2,415 shares in the company, valued at $1,432,843.65. The trade was a 82.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 40,923 shares of company stock worth $26,126,437. 13.61% of the stock is currently owned by insiders.

Meta Platforms Company 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.