Realta Investment Advisors grew its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,942 shares of the social networking company’s stock after buying an additional 216 shares during the period. Meta Platforms makes up about 1.4% of Realta Investment Advisors’ holdings, making the stock its 16th biggest holding. Realta Investment Advisors’ holdings in Meta Platforms were worth $3,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Kingstone Capital Partners Texas LLC grew its stake in Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after buying an additional 59,766,000 shares in the last quarter. Invesco Ltd. grew its stake in Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after buying an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Meta Platforms by 4.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after buying an additional 536,160 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after buying an additional 247,850 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Insider Activity at Meta Platforms
In related news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $716.98, for a total transaction of $372,112.62. Following the completion of the sale, the insider directly owned 29,313 shares in the company, valued at $21,016,834.74. This represents a 1.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the sale, the director directly owned 8,412 shares of the company’s stock, valued at approximately $6,371,837.64. This represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 213,665 shares of company stock worth $164,575,272 in the last three months. 13.61% of the stock is owned by insiders.
Meta Platforms Trading Down 3.8%
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period in the prior year, the business posted $5.16 EPS. The firm’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is currently 7.60%.
Wall Street Analyst Weigh In
META has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research note on Wednesday, October 8th. Pivotal Research upped their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Citizens Jmp upped their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Truist Financial set a $880.00 price objective on shares of Meta Platforms in a research note on Thursday, September 18th. Finally, Mizuho set a $925.00 price objective on shares of Meta Platforms and gave the company an “outperform” rating in a research note on Monday, September 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $830.68.
View Our Latest Research Report on Meta Platforms
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.
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