Chris Bulman Inc Has $534,000 Holdings in Meta Platforms, Inc. $META

Chris Bulman Inc raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 19.3% in the second quarter, HoldingsChannel reports. The fund owned 724 shares of the social networking company’s stock after acquiring an additional 117 shares during the period. Chris Bulman Inc’s holdings in Meta Platforms were worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Csenge Advisory Group grew its stake in shares of Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after acquiring an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC boosted its holdings in Meta Platforms by 4.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after purchasing an additional 34 shares during the period. JMG Financial Group Ltd. acquired a new position in shares of Meta Platforms during the 1st quarter worth approximately $284,000. Infusive Asset Management Inc. grew its position in shares of Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Aspire Growth Partners LLC increased its holdings in shares of Meta Platforms by 7.3% during the first quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company’s stock worth $395,000 after purchasing an additional 45 shares during the period. Institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $769.20, for a total transaction of $399,214.80. Following the sale, the insider owned 30,351 shares in the company, valued at $23,345,989.20. The trade was a 1.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the transaction, the director directly owned 8,412 shares of the company’s stock, valued at approximately $6,371,837.64. The trade was a 5.24% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 230,336 shares of company stock valued at $176,625,049. 13.61% of the stock is currently owned by insiders.

Meta Platforms Stock Performance

NASDAQ:META opened at $748.91 on Friday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock’s 50-day simple moving average is $750.95 and its 200 day simple moving average is $669.54. The firm has a market capitalization of $1.88 trillion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 1.59 and a beta of 1.24.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS 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 analysts’ expectations of $44.55 billion. During the same quarter in the prior year, the business earned $5.16 earnings per share. The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be given a $0.525 dividend. The ex-dividend date is Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price target on Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Wells Fargo & Company lifted their price objective on Meta Platforms from $783.00 to $811.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Oppenheimer increased their target price on Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Piper Sandler raised their price target on Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, JMP Securities upped 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. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $826.05.

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.