Meta Platforms, Inc. $META Stock Bought by MRA Advisory Group

MRA Advisory Group boosted its position in Meta Platforms, Inc. (NASDAQ:META) by 108.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,350 shares of the social networking company’s stock after purchasing an additional 3,302 shares during the period. Meta Platforms comprises about 1.7% of MRA Advisory Group’s investment portfolio, making the stock its 21st biggest position. MRA Advisory Group’s holdings in Meta Platforms were worth $4,605,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in META. Auto Owners Insurance Co boosted its holdings in shares of Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after buying an additional 105,154,977 shares during the last quarter. Corient Private Wealth LP increased its holdings in Meta Platforms by 723.1% during the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company’s stock valued at $4,957,946,000 after buying an additional 7,732,446 shares during the last quarter. Jupiter Topco LLC bought a new position in Meta Platforms in the second quarter worth approximately $2,948,486,000. Corient Private Wealth LLC raised its position in Meta Platforms by 488.1% in the fourth quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock worth $3,608,445,000 after acquiring an additional 4,537,076 shares during the period. Finally, State Street Corp boosted its stake in shares of Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock worth $51,841,811,000 after acquiring an additional 3,510,123 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

META has been the subject of a number of recent research reports. Canaccord Genuity Group boosted their price objective on shares of Meta Platforms from $930.00 to $950.00 and gave the company a “buy” rating in a research report on Friday, September 25th. Cantor Fitzgerald lifted their target price on Meta Platforms from $680.00 to $860.00 and gave the company an “overweight” rating in a research report on Wednesday, September 23rd. Daiwa Securities Group lowered their target price on Meta Platforms from $790.00 to $687.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. China Renaissance cut their price target on Meta Platforms from $825.00 to $700.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Tigress Financial restated a “strong-buy” rating and issued a $945.00 price target (down from $995.00) on shares of Meta Platforms in a research report on Thursday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $791.86.

Insider Buying and Selling

In other Meta Platforms news, CAO Aaron Anderson sold 3,240 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the completion of the transaction, the chief accounting officer directly owned 6,271 shares in the company, valued at $3,875,854.26. This represents a 34.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan Li sold 9,196 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the sale, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at approximately $7,260,343.46. This trade represents a 41.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 146,647 shares of company stock worth $99,886,901 in the last quarter. 13.53% of the stock is owned by insiders.

Meta Platforms Price Performance

Meta Platforms stock traded down $13.19 during mid-day trading on Wednesday, hitting $725.69. The stock had a trading volume of 6,917,035 shares, compared to its average volume of 17,450,447. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $779.82. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $1.85 trillion, a P/E ratio of 27.29, a P/E/G ratio of 1.29 and a beta of 1.19. The firm’s 50 day moving average is $631.39 and its 200 day moving average is $617.69.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. During the same period in the prior year, the business earned $7.14 earnings per share. Meta Platforms’s revenue was up 28.0% compared to the same quarter last year. On average, sell-side analysts forecast that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms’s dividend payout ratio (DPR) is 7.91%.

Key Headlines Impacting Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Wells Fargo raised its price target to $1,000 from $796 and maintained an Overweight rating, citing investor enthusiasm for Meta’s Muse AI product cycle. The target is bullish, although the analyst’s model reportedly anticipates a difficult period before the target becomes achievable. Why this analyst expects Meta stock to hit $1,000
• Positive Sentiment: Meta’s Muse AI assistant is reportedly leading app-download charts, reinforcing the company’s consumer AI momentum. Investors are also watching evidence that Muse can influence shopping behavior and create new commercial opportunities beyond advertising. Meta’s Muse assistant tops app charts
• Positive Sentiment: Meta and Sierra announced the Personal Agent Protocol, an open standard intended to let AI agents interact with businesses. Participation from companies including Shopify, Stripe, Walmart and Genesys could improve adoption and strengthen Meta’s position in emerging agent-driven commerce. Meta and Sierra launch protocol for AI agents
• Neutral Sentiment: Fifty-seven analysts maintain a consensus “Moderate Buy” rating, with 44 buys, 10 holds and three strong buys. However, broad analyst support may already be reflected in Meta’s elevated valuation after its recent rally. Meta receives a Moderate Buy consensus
• Negative Sentiment: Investors remain uncertain whether Muse’s download surge will translate into sustained daily usage and a profitable business model. Free access is helping adoption, but monetization and retention have not yet been established. Meta’s Muse assistant tops app charts
• Negative Sentiment: A New Mexico case could expose Meta to a penalty of up to $40 billion, creating a significant legal overhang ahead of an expected ruling this month. Meta’s heavy AI investment requirements and a recent quarterly EPS miss also raise execution concerns. New Mexico wants Meta to pay up to $40 billion

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.