Meta Platforms, Inc. $META Stock Holdings Raised by Community Bank N.A.

Community Bank N.A. raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 8.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 305 shares of the social networking company’s stock after purchasing an additional 25 shares during the period. Community Bank N.A.’s holdings in Meta Platforms were worth $225,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of META. Csenge Advisory Group grew its position in shares of Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after buying an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC grew its position in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after buying an additional 34 shares during the last quarter. JMG Financial Group Ltd. bought a new stake in shares of Meta Platforms during the 1st quarter valued at about $284,000. Infusive Asset Management Inc. grew its position in shares of Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC grew its position in shares of Meta Platforms by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 214,182 shares of company stock worth $164,951,541. 13.61% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

META has been the subject of a number of research analyst reports. Loop Capital reaffirmed a “buy” rating and issued a $980.00 price target (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. TD Cowen upped their price target on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the stock an “outperform” rating in a research note on Monday, September 29th. Sanford C. Bernstein upped their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, Stifel Nicolaus upped their price target on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Buy” and an average price target of $829.66.

Meta Platforms Trading Up 0.1%

Meta Platforms stock opened at $734.00 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market cap of $1.84 trillion, a price-to-earnings ratio of 26.57, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm’s 50 day moving average price is $743.05 and its two-hundred day moving average price is $688.52.

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

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders 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 payout ratio is 7.60%.

About Meta Platforms

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.