Bryce Point Capital LLC Buys New Position in Meta Platforms, Inc. $META

Bryce Point Capital LLC purchased a new position in Meta Platforms, Inc. (NASDAQ:META) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 813 shares of the social networking company’s stock, valued at approximately $600,000.

Several other hedge funds have also recently modified their holdings of META. Optivise Advisory Services LLC boosted its stake in Meta Platforms by 9.6% in the 2nd quarter. Optivise Advisory Services LLC now owns 1,640 shares of the social networking company’s stock worth $1,211,000 after purchasing an additional 143 shares in the last quarter. Northcape Wealth Management LLC raised its holdings in shares of Meta Platforms by 8.4% in the second quarter. Northcape Wealth Management LLC now owns 789 shares of the social networking company’s stock worth $582,000 after buying an additional 61 shares during the last quarter. Wellington Capital Management Inc. acquired a new stake in shares of Meta Platforms during the second quarter worth $502,000. Next Capital Management LLC grew its holdings in shares of Meta Platforms by 0.3% during the second quarter. Next Capital Management LLC now owns 16,657 shares of the social networking company’s stock valued at $12,294,000 after buying an additional 44 shares during the last quarter. Finally, Marion Wealth Management increased its position in shares of Meta Platforms by 1.4% in the 2nd quarter. Marion Wealth Management now owns 6,822 shares of the social networking company’s stock valued at $5,035,000 after acquiring an additional 97 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on META shares. Mizuho lowered their price target on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Monness Crespi & Hardt decreased their target price on Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Truist Financial cut their price target 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. Bank of America decreased their price objective on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Four investment 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the company’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 completion of the transaction, the chief operating officer directly owned 6,924 shares in the company, valued at approximately $4,369,044. This represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jennifer Newstead sold 516 shares of Meta Platforms stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $631.00, for a total transaction of $325,596.00. Following the completion of the sale, the insider owned 26,721 shares in the company, valued at approximately $16,860,951. This trade represents a 1.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 44,421 shares of company stock valued at $33,573,980. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

META opened at $609.46 on Friday. The firm has a fifty day moving average price of $713.72 and a 200 day moving average price of $704.14. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The stock has a market cap of $1.54 trillion, a P/E ratio of 26.92, a P/E/G ratio of 1.35 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter in the previous year, the company earned $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. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders 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 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 9.28%.

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.