Meta Platforms, Inc. $META Stock: Teamwork Financial Advisors LLC Reduces Position

Teamwork Financial Advisors LLC lessened its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 72.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 9,965 shares of the social networking company’s stock after selling 26,286 shares during the period. Teamwork Financial Advisors LLC’s holdings in Meta Platforms were worth $7,227,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Watchman Group Inc. increased its stake in Meta Platforms by 0.3% in the first quarter. Watchman Group Inc. now owns 5,091 shares of the social networking company’s stock valued at $2,913,000 after purchasing an additional 15 shares during the last quarter. Penney Financial LLC lifted its position in shares of Meta Platforms by 3.9% during the 1st quarter. Penney Financial LLC now owns 399 shares of the social networking company’s stock worth $228,000 after buying an additional 15 shares during the last quarter. Barnes Pettey Financial Advisors LLC lifted its position in shares of Meta Platforms by 1.0% during the 1st quarter. Barnes Pettey Financial Advisors LLC now owns 1,519 shares of the social networking company’s stock worth $869,000 after buying an additional 15 shares during the last quarter. Bill Few Associates Inc. lifted its position in shares of Meta Platforms by 1.3% during the 3rd quarter. Bill Few Associates Inc. now owns 1,206 shares of the social networking company’s stock worth $874,000 after buying an additional 15 shares during the last quarter. Finally, CWS Financial Advisors LLC boosted its holdings in shares of Meta Platforms by 1.7% in the 1st quarter. CWS Financial Advisors LLC now owns 985 shares of the social networking company’s stock valued at $564,000 after buying an additional 16 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $697.52 on Thursday. The stock has a market cap of $1.78 trillion, a P/E ratio of 26.27, a P/E/G ratio of 1.28 and a beta of 1.19. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $779.82. The stock has a 50 day moving average of $662.27 and a two-hundred day moving average of $629.10. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, October 21st. The social networking company reported $7.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.54 by $0.86. The business had revenue of $64.60 billion for the quarter, compared to analyst estimates of $63.34 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company’s revenue for the quarter was up 26.1% compared to the same quarter last year. During the same period last year, the firm posted $7.25 earnings per share. On average, research analysts forecast that Meta Platforms, Inc. will post 27.32 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared 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. The ex-dividend date was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.91%.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 27,474 shares of Meta Platforms stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $777.44, for a total value of $21,359,386.56. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher K. Cox sold 40,000 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the sale, the insider directly owned 184,516 shares of the company’s stock, valued at $131,515,624.16. The trade was a 17.82% 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 a total of 149,906 shares of company stock worth $102,347,409 in the last 90 days. Company insiders own 13.53% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Revenue and earnings exceeded expectations. Meta reported record quarterly revenue of approximately $64.6 billion, up 26% year over year and above the roughly $63.3 billion consensus estimate. Earnings of $7.40 per share also surpassed analyst expectations near $6.54. The results highlighted continued strength in advertising volume, pricing and monetization. Meta Platforms Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Muse is gaining meaningful traction. Meta said its AI assistant Muse has more than 10 million users, with shopping among the leading activities. Investors see the product as a potential way to increase engagement, improve recommendations and generate additional advertising and commerce revenue across Meta’s roughly 3.5 billion-user ecosystem. Meta Says Muse Has Over 10M Users
• Positive Sentiment: Analysts view the core business and AI returns favorably. Commentary following the report cited strong ad efficiency, higher engagement and healthy adjusted operating margins, supporting bullish views that Meta’s AI investments are beginning to contribute to the advertising business. Meta Q3 Strong Growth Makes This a Strong Buy
• Neutral Sentiment: Meta is expanding AI funding while trying to manage cash pressure. Third-quarter capital expenditures reached about $34.9 billion, and the company raised the low end of its annual spending outlook. A new nonvoting Class C share is intended to help fund the AI buildout without reducing Mark Zuckerberg’s voting control, but it introduces potential dilution and reinforces concerns about heavy future investment. Meta to Issue New Class of Shares
• Negative Sentiment: Legal liabilities remain a major overhang. A $9.9 billion charge tied to a teen social-media lawsuit weighed on reported profit, while a New Mexico court ordered Meta to pay $25 billion in a separate privacy case. Meta plans to appeal, but the judgment increases regulatory, financial and reputational risks. Meta Ordered to Pay $25 Billion to New Mexico
• Negative Sentiment: AI profitability is not yet established. Zuckerberg said Muse carries very high computing costs, and Reality Labs could lose approximately $15 billion next year. These losses may limit free cash flow and keep investors sensitive to whether AI growth ultimately produces returns exceeding the cost of the buildout. Meta CEO Says Muse and Reality Labs Are Unprofitable
• Negative Sentiment: Insider selling added a modest cautionary signal. COO Javier Olivan sold shares under a pre-arranged Rule 10b5-1 plan. Because the transactions were scheduled in advance, they are not necessarily a judgment on Meta’s outlook, but they reduce his direct ownership. SEC Insider Ownership Filing

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Loop Capital increased their target price on shares of Meta Platforms from $740.00 to $955.00 and gave the company a “buy” rating in a research report on Thursday, September 24th. Guggenheim lifted their price target on shares of Meta Platforms from $700.00 to $850.00 and gave the stock a “buy” rating in a research note on Wednesday, October 14th. Cantor Fitzgerald reduced their price target on shares of Meta Platforms from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. Weiss Ratings raised shares of Meta Platforms from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Rothschild & Co Redburn upped their price objective on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $811.24.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.