Arlington Financial Advisors LLC lessened its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 59.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 420 shares of the social networking company’s stock after selling 624 shares during the period. Arlington Financial Advisors LLC’s holdings in Meta Platforms were worth $310,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of META. JGP Wealth Management LLC increased its position in Meta Platforms by 23.1% during the second quarter. JGP Wealth Management LLC now owns 2,259 shares of the social networking company’s stock worth $1,667,000 after purchasing an additional 424 shares during the last quarter. Cypress Wealth Services LLC increased its position in Meta Platforms by 6.7% during the second quarter. Cypress Wealth Services LLC now owns 4,887 shares of the social networking company’s stock worth $3,607,000 after purchasing an additional 305 shares during the last quarter. Innova Wealth Partners increased its position in Meta Platforms by 5.7% during the second quarter. Innova Wealth Partners now owns 446 shares of the social networking company’s stock worth $329,000 after purchasing an additional 24 shares during the last quarter. J.Safra Asset Management Corp increased its position in Meta Platforms by 17.2% during the second quarter. J.Safra Asset Management Corp now owns 5,453 shares of the social networking company’s stock worth $4,000,000 after purchasing an additional 801 shares during the last quarter. Finally, Courier Capital LLC increased its position in Meta Platforms by 20.3% during the second quarter. Courier Capital LLC now owns 2,232 shares of the social networking company’s stock worth $1,647,000 after purchasing an additional 376 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Insider Activity
In other news, 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 value of $12,192,364.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 214,182 shares of company stock valued at $164,951,541 over the last ninety days. 13.61% of the stock is owned by company insiders.
Meta Platforms Price Performance
Meta Platforms (NASDAQ:META – Get Free Report) 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 Dividend Announcement
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%.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on META shares. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the stock an “outperform” rating in a research report on Monday, September 29th. Wells Fargo & Company upped their price target on shares of Meta Platforms from $811.00 to $837.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Raymond James Financial upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 31st. DA Davidson upped their price target on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Barclays boosted their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $829.66.
View Our Latest Stock Report on Meta Platforms
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.
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