Meta Platforms, Inc. $META Shares Bought by Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 36.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,300 shares of the social networking company’s stock after buying an additional 8,400 shares during the period. Meta Platforms makes up approximately 3.6% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s portfolio, making the stock its 11th largest position. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s holdings in Meta Platforms were worth $23,102,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Kingstone Capital Partners Texas LLC increased its holdings in Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares during the period. Nuveen LLC acquired a new position in shares of Meta Platforms during the first quarter worth about $2,990,544,000. Amundi increased its stake in shares of Meta Platforms by 23.5% during the first quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock worth $4,111,050,000 after buying an additional 1,470,070 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the period. Finally, Strs Ohio acquired a new stake in Meta Platforms in the first quarter valued at approximately $571,086,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Activity

In other news, Director Robert M. Kimmitt sold 600 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $609.35, for a total transaction of $365,610.00. Following the completion of the sale, the director owned 7,347 shares in the company, valued at approximately $4,476,894.45. This represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Andrew Bosworth sold 11,690 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total value of $6,935,793.90. Following the transaction, the chief technology officer directly owned 2,415 shares in the company, valued at approximately $1,432,843.65. This represents a 82.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 41,959 shares of company stock worth $26,759,811 over the last 90 days. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Stock Down 0.4%

Shares of NASDAQ META opened at $633.61 on Thursday. The business has a 50-day moving average price of $688.93 and a 200 day moving average price of $706.33. The stock has a market cap of $1.60 trillion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 1.33 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, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

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

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is 9.28%.

Analysts Set New Price Targets

A number of equities research analysts have commented on META shares. Stifel Nicolaus dropped their price objective on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Rosenblatt Securities increased their target price on Meta Platforms from $1,086.00 to $1,117.00 and gave the company a “buy” rating in a report on Thursday, October 30th. JMP Securities lifted their price target on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. TD Cowen lowered their price objective on Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Finally, BMO Capital Markets raised their target price on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research report on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $823.93.

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.