Scholtz & Company LLC Has $11.81 Million Stock Holdings in Meta Platforms, Inc. $META

Scholtz & Company LLC cut its stake in Meta Platforms, Inc. (NASDAQ:META) by 1.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,000 shares of the social networking company’s stock after selling 265 shares during the period. Meta Platforms comprises approximately 5.2% of Scholtz & Company LLC’s portfolio, making the stock its 5th largest position. Scholtz & Company LLC’s holdings in Meta Platforms were worth $11,809,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its holdings in shares of Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after buying an additional 59,766,000 shares in the last quarter. Nuveen LLC purchased a new stake in Meta Platforms in the first quarter worth approximately $2,990,544,000. Amundi grew its position in Meta Platforms by 23.5% during the first quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock valued at $4,111,050,000 after acquiring an additional 1,470,070 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after acquiring an additional 1,255,546 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Meta Platforms in the 1st quarter worth approximately $571,086,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $402,225.00. Following the sale, the insider directly owned 32,946 shares of the company’s stock, valued at approximately $25,533,150. The trade was a 1.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at $64,343,464.11. This represents a 17.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 59,434 shares of company stock valued at $45,476,396 over the last quarter. 13.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on META shares. Truist Financial reduced their target price on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. UBS Group upped their price target on shares of Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Canaccord Genuity Group reissued a “buy” rating and issued a $900.00 target price on shares of Meta Platforms in a research note on Thursday, October 30th. Finally, Erste Group Bank cut Meta Platforms from a “buy” rating to a “hold” rating in a report on Monday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Meta Platforms Price Performance

META opened at $631.76 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market capitalization of $1.59 trillion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20. The stock’s 50 day moving average price is $724.08 and its 200-day moving average price is $704.49. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 9.28%.

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.