Meta Platforms, Inc. $META Shares Acquired by Rockline Wealth Management LLC

Rockline Wealth Management LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,969 shares of the social networking company’s stock after buying an additional 1,471 shares during the quarter. Meta Platforms accounts for approximately 5.4% of Rockline Wealth Management LLC’s holdings, making the stock its 4th biggest position. Rockline Wealth Management LLC’s holdings in Meta Platforms were worth $22,858,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings 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 purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC lifted its position in Meta Platforms by 10.2% in the 4th 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 in the last quarter. 1776 Wealth LLC boosted its stake in shares of Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after buying an additional 675 shares during the period. Smart Money Group LLC boosted its stake in shares of Meta Platforms by 20.4% during the 1st quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock valued at $1,182,000 after buying an additional 348 shares during the period. Finally, Pittenger & Anderson Inc. grew its holdings in shares of Meta Platforms by 9.8% during the 1st quarter. Pittenger & Anderson Inc. now owns 46,320 shares of the social networking company’s stock valued at $26,697,000 after acquiring an additional 4,142 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $326,227.00. Following the sale, the chief operating officer owned 6,924 shares of the company’s stock, valued at $4,369,044. This trade represents a 6.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the completion of the transaction, the director directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 44,421 shares of company stock valued at $33,573,980. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Down 0.1%

Shares of Meta Platforms stock opened at $609.46 on Friday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The stock has a 50 day moving average price of $713.72 and a two-hundred day moving average price of $704.14. The stock has a market capitalization of $1.54 trillion, a P/E ratio of 26.92, a PEG ratio of 1.35 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion during 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%. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same period in the previous year, the company earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Analysts Set New Price Targets

Several analysts recently issued reports on META shares. Cantor Fitzgerald cut their price objective on Meta Platforms from $920.00 to $830.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Rosenblatt Securities raised their price target on Meta Platforms from $1,086.00 to $1,117.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Mizuho reduced their price target on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and increased their price objective for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Finally, Benchmark cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $827.60.

Meta Platforms Company 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.