Buttonwood Financial Advisors Inc. Sells 332 Shares of Meta Platforms, Inc. $META

Buttonwood Financial Advisors Inc. lowered its stake in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 2.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,793 shares of the social networking company’s stock after selling 332 shares during the period. Meta Platforms comprises 4.7% of Buttonwood Financial Advisors Inc.’s investment portfolio, making the stock its 6th biggest position. Buttonwood Financial Advisors Inc.’s holdings in Meta Platforms were worth $11,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Northside Capital Management LLC boosted its holdings in shares of Meta Platforms by 8.4% in the second quarter. Northside Capital Management LLC now owns 398,485 shares of the social networking company’s stock valued at $294,117,000 after acquiring an additional 30,799 shares during the period. IMS Capital Management purchased a new stake in shares of Meta Platforms in the second quarter valued at approximately $6,384,000. Graypoint LLC boosted its stake in shares of Meta Platforms by 7.1% in the second quarter. Graypoint LLC now owns 21,405 shares of the social networking company’s stock valued at $15,799,000 after buying an additional 1,426 shares in the last quarter. James J. Burns & Company LLC boosted its stake in shares of Meta Platforms by 23.2% in the second quarter. James J. Burns & Company LLC now owns 1,472 shares of the social networking company’s stock valued at $1,087,000 after buying an additional 277 shares in the last quarter. Finally, Financial Management Professionals Inc. raised its holdings in Meta Platforms by 0.8% during the second quarter. Financial Management Professionals Inc. now owns 2,040 shares of the social networking company’s stock worth $1,506,000 after purchasing an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares of the company’s stock, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. Over the last three months, insiders have sold 230,336 shares of company stock worth $176,625,049. 13.61% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on META. KeyCorp lifted their price objective on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Scotiabank raised their price objective on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Bank of America increased their target price on Meta Platforms from $775.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Monness Crespi & Hardt increased their target price on Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Stifel Nicolaus raised their price objective on Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $826.05.

Get Our Latest Report on META

Meta Platforms Stock Performance

Shares of META stock opened at $743.75 on Friday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 26.93, a P/E/G ratio of 1.55 and a beta of 1.24. The stock’s fifty day simple moving average is $751.74 and its 200-day simple moving average is $670.84.

Meta Platforms (NASDAQ:METAGet Free Report) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the previous year, the company posted $5.16 earnings per share. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be paid 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 payout ratio is 7.60%.

Meta Platforms Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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