Sen. John Boozman Buys Meta Platforms, Inc. (NASDAQ:META) Shares

Senator John Boozman (R-Arkansas) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on June 14th, the Senator disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on May 30th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 6/11/2025.
• Purchased $1,001 – $15,000 in shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) on 6/11/2025.
• Sold $1,001 – $15,000 in shares of Fortune Brands Innovations (NYSE:FBIN) on 5/30/2025.
• Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 5/30/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/20/2025.
• Sold $1,001 – $15,000 in shares of NRG Energy (NYSE:NRG) on 5/20/2025.
• Sold $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 5/20/2025.
• Sold $1,001 – $15,000 in shares of DTE Energy (NYSE:DTE) on 5/20/2025.

Meta Platforms Price Performance

Shares of NASDAQ META traded up $8.87 during midday trading on Monday, reaching $713.15. 3,337,191 shares of the stock traded hands, compared to its average volume of 14,293,734. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.66 and a quick ratio of 2.66. The stock has a market capitalization of $1.79 trillion, a PE ratio of 27.78, a P/E/G ratio of 1.72 and a beta of 1.28. Meta Platforms, Inc. has a one year low of $442.65 and a one year high of $747.90. The company’s 50 day moving average is $686.09 and its 200 day moving average is $638.61.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, April 30th. The social networking company reported $6.43 earnings per share for the quarter, topping analysts’ consensus estimates of $5.33 by $1.10. Meta Platforms had a return on equity of 38.69% and a net margin of 39.11%. The business had revenue of $42.31 billion for the quarter, compared to analyst estimates of $41.45 billion. During the same quarter last year, the firm posted $4.71 earnings per share. The business’s revenue was up 16.1% compared to the same quarter last year. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.29%. Meta Platforms’s dividend payout ratio is currently 8.19%.

Analysts Set New Price Targets

A number of brokerages recently commented on META. Jefferies Financial Group dropped their target price on Meta Platforms from $725.00 to $600.00 and set a “buy” rating on the stock in a research report on Monday, April 7th. JMP Securities reiterated a “market outperform” rating and issued a $750.00 target price on shares of Meta Platforms in a research report on Wednesday, April 30th. UBS Group reiterated a “buy” rating and issued a $812.00 target price (up previously from $683.00) on shares of Meta Platforms in a research report on Thursday, June 26th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $828.00 target price (up previously from $807.00) on shares of Meta Platforms in a research report on Wednesday, July 16th. Finally, Susquehanna dropped their target price on Meta Platforms from $800.00 to $700.00 and set a “positive” rating on the stock in a research report on Thursday, May 1st. Five analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price of $738.37.

Institutional Trading of Meta Platforms

A number of hedge funds have recently modified their holdings of the business. Fjell Capital LLC acquired a new position in shares of Meta Platforms in the fourth quarter worth $1,836,000. Opulen Financial Group LLC bought a new stake in shares of Meta Platforms in the fourth quarter valued at about $325,000. Daner Wealth Management LLC bought a new stake in shares of Meta Platforms in the fourth quarter valued at about $334,000. Brighton Jones LLC lifted its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares during the period. Finally, Union Bancaire Privee UBP SA bought a new position in Meta Platforms during the fourth quarter worth about $112,406,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Mark Zuckerberg sold 13,793 shares of the firm’s stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $701.13, for a total value of $9,670,686.09. Following the completion of the sale, the chief executive officer owned 118,279 shares of the company’s stock, valued at $82,928,955.27. This trade represents a 10.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO Andrew Bosworth sold 22,449 shares of the business’s stock in a transaction on Friday, May 16th. The shares were sold at an average price of $636.85, for a total transaction of $14,296,645.65. Following the completion of the sale, the chief technology officer directly owned 1,183 shares in the company, valued at $753,393.55. This represents a 94.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 153,358 shares of company stock worth $105,521,582 over the last quarter. Company insiders own 13.61% of the company’s stock.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.