Financial Management Professionals Inc. Raises Stock Position in Meta Platforms, Inc. $META

Financial Management Professionals Inc. grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,040 shares of the social networking company’s stock after purchasing an additional 17 shares during the period. Financial Management Professionals Inc.’s holdings in Meta Platforms were worth $1,506,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in META. Brighton Jones LLC increased its stake in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the period. Bath Savings Trust Co increased its stake in shares of Meta Platforms by 15.2% during the first quarter. Bath Savings Trust Co now owns 562 shares of the social networking company’s stock worth $324,000 after buying an additional 74 shares during the period. Doliver Advisors LP increased its stake in shares of Meta Platforms by 5.0% during the first quarter. Doliver Advisors LP now owns 9,816 shares of the social networking company’s stock worth $5,658,000 after buying an additional 465 shares during the period. Finally, Legacy Financial Strategies LLC increased its stake in shares of Meta Platforms by 1.2% during the first quarter. Legacy Financial Strategies LLC now owns 2,003 shares of the social networking company’s stock worth $1,154,000 after buying an additional 23 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the transaction, the insider directly owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 230,336 shares of company stock valued at $176,625,049. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Trading Down 0.7%

NASDAQ:META 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 stock has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 26.93, a PEG ratio of 1.55 and a beta of 1.24. The stock has a fifty day moving average price of $751.74 and a two-hundred day moving average price of $670.84. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter last year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side 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 will be paid on Monday, September 29th. Stockholders of record on Monday, September 22nd will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms’s payout ratio is currently 7.60%.

Analysts Set New Price Targets

META has been the topic of a number of recent research reports. Morgan Stanley upped their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. UBS Group upped their price target on Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Canaccord Genuity Group upped their price target on Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and upped their price target for the company from $610.00 to $900.00 in a report on Thursday, July 31st. Finally, Truist Financial set a $880.00 price target on Meta Platforms in a report on Thursday, September 18th. Three research 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $826.05.

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.