Meta Platforms, Inc. $META Shares Purchased by Panoramic Capital Partners LLC

Panoramic Capital Partners LLC lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 24.3% in the 2nd quarter, Holdings Channel reports. The firm owned 1,296 shares of the social networking company’s stock after purchasing an additional 253 shares during the quarter. Meta Platforms accounts for approximately 0.6% of Panoramic Capital Partners LLC’s portfolio, making the stock its 16th biggest position. Panoramic Capital Partners LLC’s holdings in Meta Platforms were worth $932,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Inlight Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the first quarter worth about $33,000. Evergreen Private Wealth LLC grew its holdings in shares of Meta Platforms by 237.5% during the second 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 in the last quarter. Finally, JCIC Asset Management Inc. grew its holdings in shares of Meta Platforms by 102.6% during 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. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on META shares. UBS Group lifted their price target on shares of Meta Platforms from $812.00 to $897.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Oppenheimer lifted their price target on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Needham & Company LLC upgraded shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. TD Cowen lifted their price target on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Saturday, September 27th. Four 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $830.61.

Meta Platforms Price Performance

META opened at $713.08 on Wednesday. The company has a quick ratio of 1.97, a current ratio of 1.97 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. The company has a 50 day moving average of $753.44 and a two-hundred day moving average of $677.16. The company has a market cap of $1.79 trillion, a P/E ratio of 25.82, a P/E/G ratio of 1.49 and a beta of 1.20.

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

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is 7.60%.

Insider Activity

In other news, CFO Susan J. Li sold 18,332 shares of the company’s 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 completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. The disclosure for this sale can be found here. Insiders have sold a total of 213,146 shares of company stock valued at $164,209,720 over the last ninety days. 13.61% of the stock is owned by company 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.