Verde Servicos Internacionais S.A. Has $14.04 Million Position in Meta Platforms, Inc. $META

Verde Servicos Internacionais S.A. grew its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 152.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,026 shares of the social networking company’s stock after purchasing an additional 11,486 shares during the quarter. Meta Platforms comprises approximately 6.2% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its 4th largest position. Verde Servicos Internacionais S.A.’s holdings in Meta Platforms were worth $14,043,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. McKinley Carter Wealth Services Inc. raised its holdings in Meta Platforms by 2.0% during the 2nd quarter. McKinley Carter Wealth Services Inc. now owns 15,307 shares of the social networking company’s stock worth $11,298,000 after purchasing an additional 294 shares during the last quarter. Coordinated Financial Services Inc. bought a new stake in shares of Meta Platforms in the 2nd quarter valued at $1,292,000. Moseley Investment Management Inc. increased its stake in shares of Meta Platforms by 8.3% in the 2nd quarter. Moseley Investment Management Inc. now owns 4,606 shares of the social networking company’s stock valued at $3,400,000 after acquiring an additional 354 shares in the last quarter. M. Kraus & Co bought a new stake in shares of Meta Platforms in the 2nd quarter valued at $230,000. Finally, Vantage Point Financial LLC increased its stake in shares of Meta Platforms by 5.1% in the 2nd quarter. Vantage Point Financial LLC now owns 1,282 shares of the social networking company’s stock valued at $947,000 after acquiring an additional 62 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

META opened at $716.91 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.96, a P/E/G ratio of 1.50 and a beta of 1.20. The firm’s fifty day moving average price is $746.75 and its two-hundred day moving average price is $683.72. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data 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 net margin of 39.99% and a return on equity of 39.33%. The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders 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 yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is currently 7.60%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Oppenheimer lifted their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Wells Fargo & Company lifted their price objective on shares of Meta Platforms from $811.00 to $837.00 and gave the company an “overweight” rating in a research note on Tuesday, October 7th. Citizens Jmp lifted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Finally, Scotiabank lifted their price target on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $830.68.

Insider Activity

In related news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was 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 sold 214,182 shares of company stock valued at $164,933,323 over the last quarter. 13.61% of the stock is owned by insiders.

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.