Lynch & Associates IN lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 17.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,317 shares of the social networking company’s stock after purchasing an additional 500 shares during the period. Lynch & Associates IN’s holdings in Meta Platforms were worth $2,448,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of META. Csenge Advisory Group lifted its holdings in 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 buying an additional 1,019 shares during the period. ARQ Wealth Advisors LLC lifted its holdings in Meta Platforms by 4.5% in the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after buying an additional 34 shares during the period. JMG Financial Group Ltd. acquired a new position in Meta Platforms in the first quarter valued at approximately $284,000. Infusive Asset Management Inc. lifted its holdings in Meta Platforms by 10.7% in the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the period. Finally, Aspire Growth Partners LLC lifted its holdings in Meta Platforms by 7.3% in the first quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company’s stock valued at $395,000 after buying an additional 45 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts recently weighed in on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $920.00 price objective on shares of Meta Platforms in a report on Wednesday, September 17th. Scotiabank upped their target price on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. UBS Group upped their target price on shares of Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. KeyCorp upped their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Finally, Morgan Stanley upped their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $826.05.
Meta Platforms Stock Down 0.7%
Meta Platforms stock opened at $743.75 on Friday. The company has a market cap of $1.87 trillion, a P/E ratio of 26.93, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a fifty day simple moving average of $751.74 and a 200 day simple moving average of $670.84. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.
Meta Platforms (NASDAQ:META – Get Free Report) last released its 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 the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter last year, the firm earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Research 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 declared 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 dividend payout ratio (DPR) is currently 7.60%.
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $781.33, for a total value of $403,947.61. Following the completion of the sale, the chief operating officer owned 10,543 shares in the company, valued at $8,237,562.19. This trade represents a 4.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the sale, the director owned 8,412 shares of the company’s stock, valued at approximately $6,371,837.64. This represents a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 230,336 shares of company stock worth $176,625,049 over the last quarter. 13.61% of the stock is currently owned by insiders.
Meta Platforms 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.
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