Optimize Financial Inc Acquires 188 Shares of Meta Platforms, Inc. $META

Optimize Financial Inc raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 9.7% during the 1st quarter, Holdings Channel reports. The fund owned 2,133 shares of the social networking company’s stock after purchasing an additional 188 shares during the period. Optimize Financial Inc’s holdings in Meta Platforms were worth $1,229,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Lantern Wealth Advisors LLC raised its position in Meta Platforms by 0.5% in the 4th quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company’s stock valued at $1,743,000 after purchasing an additional 14 shares in the last quarter. ABLE Financial Group LLC raised its position in Meta Platforms by 0.7% in the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company’s stock valued at $1,251,000 after purchasing an additional 15 shares in the last quarter. Cedar Point Capital Partners LLC raised its position in Meta Platforms by 2.2% in the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company’s stock valued at $433,000 after purchasing an additional 16 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its position in Meta Platforms by 1.2% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company’s stock valued at $840,000 after purchasing an additional 17 shares in the last quarter. Finally, Orin Green Financial LLC raised its position in Meta Platforms by 2.2% in the 4th quarter. Orin Green Financial LLC now owns 795 shares of the social networking company’s stock valued at $465,000 after purchasing an additional 17 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. Insiders have sold 290,046 shares of company stock worth $218,812,787 in the last quarter. 13.61% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on META shares. TD Cowen increased their price target on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised their target price on Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. UBS Group raised their target price on Meta Platforms from $812.00 to $897.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Hsbc Global Res raised Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. Finally, JMP Securities raised their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $822.41.

Meta Platforms Trading Down 0.0%

NASDAQ:META opened at $752.30 on Tuesday. The stock’s 50 day moving average price is $738.68 and its 200 day moving average price is $659.29. The company has a market capitalization of $1.89 trillion, a PE ratio of 27.24, a P/E/G ratio of 1.55 and a beta of 1.24. 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.

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

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.