Sensible Money LLC Purchases Shares of 328 Meta Platforms, Inc. $META

Sensible Money LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META) in the second quarter, HoldingsChannel reports. The fund acquired 328 shares of the social networking company’s stock, valued at approximately $242,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms in the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC increased its holdings in shares of Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in Meta Platforms in the 2nd quarter valued at $42,000. WFA Asset Management Corp lifted its holdings in Meta Platforms by 42.6% during the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new position in Meta Platforms during the second quarter worth $54,000. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $656.00, for a total value of $339,152.00. Following the transaction, the chief operating officer directly owned 7,441 shares of the company’s stock, valued at $4,881,296. This trade represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the transaction, the director owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 58,397 shares of company stock worth $44,662,165. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $627.08 on Wednesday. The business has a fifty day moving average price of $721.92 and a two-hundred day moving average price of $705.05. The stock has a market capitalization of $1.58 trillion, a PE ratio of 27.70, a P/E/G ratio of 1.40 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

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

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 9.28%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on META shares. Jefferies Financial Group cut their target price on shares of Meta Platforms from $950.00 to $910.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Hsbc Global Res raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. JMP Securities raised their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 31st. TD Cowen decreased their target price on Meta Platforms from $875.00 to $810.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $870.00 target price (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price of $827.60.

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.