Meta Platforms, Inc. $META Shares Sold by Savant Capital LLC

Savant Capital LLC reduced its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,572 shares of the social networking company’s stock after selling 2,813 shares during the quarter. Savant Capital LLC’s holdings in Meta Platforms were worth $37,327,000 as of its most recent SEC filing.

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

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $631.00, for a total value of $326,227.00. Following the completion of the sale, the chief operating officer owned 6,924 shares of the company’s stock, valued at $4,369,044. This represents a 6.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jennifer Newstead sold 516 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $631.00, for a total transaction of $325,596.00. Following the sale, the insider owned 26,721 shares of the company’s stock, valued at $16,860,951. This represents a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 13,359 shares of company stock valued at $9,689,566. 13.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

META has been the topic of several recent analyst reports. Citizens Jmp increased their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Sanford C. Bernstein reissued an “outperform” rating and set a $870.00 target price (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Wall Street Zen lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Jefferies Financial Group lowered their price objective on Meta Platforms from $950.00 to $910.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Finally, DA Davidson set a $825.00 price objective on Meta Platforms in a research note 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 stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Price Performance

META stock opened at $602.01 on Tuesday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. 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 firm has a market capitalization of $1.52 trillion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. The business has a 50 day simple moving average of $710.72 and a 200-day simple moving average of $706.49.

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. The firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm’s revenue was up 26.2% compared to the same quarter last year. During the same quarter last year, the business posted $6.03 earnings per share. 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 fiscal year.

Meta Platforms Announces Dividend

The company also recently declared 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 presently 9.28%.

About Meta Platforms

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.