Gunderson Capital Management Inc. Sells 327 Shares of Meta Platforms, Inc. $META

Gunderson Capital Management Inc. cut its position in Meta Platforms, Inc. (NASDAQ:META) by 1.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,625 shares of the social networking company’s stock after selling 327 shares during the period. Meta Platforms accounts for 5.7% of Gunderson Capital Management Inc.’s holdings, making the stock its 4th largest position. Gunderson Capital Management Inc.’s holdings in Meta Platforms were worth $13,747,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in META. Inlight Wealth Management LLC purchased a new position in Meta Platforms during the first quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms during the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Meta Platforms during the first quarter worth approximately $33,000. Evergreen Private Wealth LLC lifted its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares in the last quarter. Finally, JCIC Asset Management Inc. lifted its position 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 worth $46,000 after buying an additional 40 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the transaction, the director directly owned 7,947 shares of the company’s stock, valued at $5,697,760.59. The trade was a 5.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total value of $367,374.15. Following the transaction, the insider directly owned 28,794 shares of the company’s stock, valued at $20,381,832.90. The trade was a 1.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 213,665 shares of company stock worth $164,568,109. 13.61% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on META shares. Oppenheimer lifted their price objective on Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and lifted their target price for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Stifel Nicolaus lifted their target price on Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $920.00 target price on shares of Meta Platforms in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Price Performance

META stock opened at $716.91 on Monday. 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 $1.80 trillion, a PE ratio of 25.96, a P/E/G ratio of 1.50 and a beta of 1.20. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The business’s fifty day moving average price is $746.75 and its 200 day moving average price is $684.78.

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

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is currently 7.60%.

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.