Evergreen Wealth Solutions LLC Decreases Stock Holdings in Meta Platforms, Inc. $META

Evergreen Wealth Solutions LLC trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 17.5% in the 1st quarter, Holdings Channel reports. The firm owned 1,425 shares of the social networking company’s stock after selling 302 shares during the period. Evergreen Wealth Solutions LLC’s holdings in Meta Platforms were worth $821,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Inlight Wealth Management LLC purchased a new position in shares of Meta Platforms during the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Meta Platforms during the first quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms during the first quarter valued at approximately $33,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in Meta Platforms during the fourth quarter valued at approximately $45,000. Finally, JCIC Asset Management Inc. increased its holdings in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after buying an additional 40 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction 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 transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold 313,803 shares of company stock worth $235,276,424 over the last 90 days. 13.61% of the stock is owned by insiders.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $754.79 on Monday. 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 fifty day moving average price of $730.31 and a 200 day moving average price of $656.98. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The firm has a market cap of $1.90 trillion, a price-to-earnings ratio of 27.33, a P/E/G ratio of 1.56 and a beta of 1.27.

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

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 16th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Moffett Nathanson upped their target price on shares of Meta Platforms from $525.00 to $605.00 and gave the company a “buy” rating in a report on Thursday, May 1st. Benchmark upped their target price on shares of Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $920.00 target price on shares of Meta Platforms in a report on Wednesday, August 13th. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Finally, Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $822.41.

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.