Nvwm LLC Has $8.94 Million Stock Holdings in Meta Platforms, Inc. $META

Nvwm LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,116 shares of the social networking company’s stock after purchasing an additional 288 shares during the period. Meta Platforms accounts for 2.2% of Nvwm LLC’s portfolio, making the stock its 6th largest holding. Nvwm LLC’s holdings in Meta Platforms were worth $8,943,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Destiny Capital Corp CO purchased a new stake in Meta Platforms in the 2nd quarter worth $203,000. Walkner Condon Financial Advisors LLC boosted its stake in shares of Meta Platforms by 4.1% in the second quarter. Walkner Condon Financial Advisors LLC now owns 2,629 shares of the social networking company’s stock worth $1,941,000 after acquiring an additional 104 shares during the period. S&T Bank PA grew its position in shares of Meta Platforms by 59.0% during the second quarter. S&T Bank PA now owns 159 shares of the social networking company’s stock worth $117,000 after purchasing an additional 59 shares in the last quarter. Princeton Capital Management LLC raised its stake in Meta Platforms by 57.9% during the 2nd quarter. Princeton Capital Management LLC now owns 4,203 shares of the social networking company’s stock valued at $3,102,000 after purchasing an additional 1,541 shares during the period. Finally, Bryn Mawr Trust Advisors LLC lifted its holdings in Meta Platforms by 9.1% in the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 21,346 shares of the social networking company’s stock worth $15,756,000 after purchasing an additional 1,773 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction on Wednesday, October 15th. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $631.00, for a total transaction of $326,227.00. Following the transaction, the chief operating officer owned 6,924 shares in the company, valued at $4,369,044. This trade represents a 6.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,359 shares of company stock worth $9,689,566 over the last three months. 13.61% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

META has been the subject of a number of research analyst reports. Roth Capital reaffirmed a “buy” rating on shares of Meta Platforms in a report on Thursday, October 30th. Wells Fargo & Company cut their target price on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. BMO Capital Markets boosted their price target on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research note on Thursday, July 31st. DA Davidson set a $825.00 price objective on Meta Platforms in a research report on Thursday, October 30th. Finally, Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Meta Platforms Stock Down 1.2%

Shares of NASDAQ META opened at $602.01 on Tuesday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm’s 50-day moving average price is $710.72 and its 200-day moving average price is $706.49. The stock has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 26.59, a P/E/G 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 the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same period in the previous year, the firm posted $6.03 earnings per share. The firm’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date of this dividend 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%.

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.