Meta Platforms, Inc. $META Shares Acquired by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. grew its stake in Meta Platforms, Inc. (NASDAQ:META) by 16.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,806 shares of the social networking company’s stock after purchasing an additional 5,966 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Meta Platforms were worth $31,595,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $33,000. Evergreen Private Wealth LLC boosted its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of Meta Platforms in the second quarter valued at approximately $42,000. WFA Asset Management Corp grew its holdings in Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after buying an additional 20 shares in the last quarter. Finally, Maseco LLP purchased a new stake in shares of Meta Platforms in the second quarter valued at about $54,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $597.69 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The company has a market cap of $1.51 trillion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.34 and a beta of 1.20. The stock’s 50-day moving average is $707.36 and its two-hundred day moving average is $706.50. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the previous year, the company posted $6.03 earnings per share. The business’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. Analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal 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 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is 9.28%.

Insider Activity

In other Meta Platforms news, insider Jennifer Newstead sold 516 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $325,596.00. Following the sale, the insider directly owned 26,721 shares in the company, valued at $16,860,951. This trade represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $604.23, for a total value of $312,386.91. Following the sale, the chief operating officer directly owned 15,302 shares of the company’s stock, valued at $9,245,927.46. This trade represents a 3.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 28,424 shares of company stock valued at $18,868,377. 13.61% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on META shares. Raymond James Financial reaffirmed a “strong-buy” rating and set a $825.00 price target (down previously from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Zacks Research upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Monday, October 20th. Scotiabank boosted their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Bank of America decreased their target price on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.