Wealthcare Capital Management LLC Has $290,000 Stake in Meta Platforms, Inc. $META

Wealthcare Capital Management LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META) by 55.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 393 shares of the social networking company’s stock after selling 486 shares during the period. Wealthcare Capital Management LLC’s holdings in Meta Platforms were worth $290,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in META. Wealthcare Advisory Partners LLC boosted its position in shares of Meta Platforms by 7.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 14,898 shares of the social networking company’s stock worth $10,996,000 after buying an additional 1,001 shares during the period. Berger Financial Group Inc boosted its position in shares of Meta Platforms by 2.7% during the second quarter. Berger Financial Group Inc now owns 5,137 shares of the social networking company’s stock worth $3,792,000 after buying an additional 137 shares during the period. Firethorn Wealth Partners LLC boosted its position in shares of Meta Platforms by 21.0% during the second quarter. Firethorn Wealth Partners LLC now owns 1,676 shares of the social networking company’s stock worth $1,237,000 after buying an additional 291 shares during the period. Bay Harbor Wealth Management LLC boosted its position in shares of Meta Platforms by 35.7% during the second quarter. Bay Harbor Wealth Management LLC now owns 422 shares of the social networking company’s stock worth $312,000 after buying an additional 111 shares during the period. Finally, O Keefe Stevens Advisory Inc. acquired a new position in shares of Meta Platforms during the second quarter worth about $218,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

META opened at $705.30 on Monday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a market capitalization of $1.77 trillion, a PE ratio of 25.54, a PEG ratio of 1.47 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The business’s 50-day simple moving average is $752.20 and its 200 day simple moving average is $679.78.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.60%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on META. UBS Group upped their price objective on Meta Platforms from $897.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday. Wedbush upped their price objective on Meta Platforms from $750.00 to $920.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. DA Davidson upped their price objective on Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Guggenheim reaffirmed a “buy” rating and set a $800.00 price objective (up from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and an average target price of $830.68.

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 that occurred on Monday, October 6th. The stock was sold at an average price of $704.81, for a total value of $364,386.77. Following the sale, the chief operating officer owned 9,509 shares in the company, valued at $6,702,038.29. This represents a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the sale, the director owned 8,412 shares in the company, valued at $6,371,837.64. This represents a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 213,665 shares of company stock worth $164,575,272 over the last 90 days. Company insiders own 13.61% of the company’s stock.

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.