Westwood Wealth Management Has $25.68 Million Stock Position in Meta Platforms, Inc. $META

Westwood Wealth Management lowered its holdings in Meta Platforms, Inc. (NASDAQ:META) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,794 shares of the social networking company’s stock after selling 1,686 shares during the period. Meta Platforms makes up about 8.6% of Westwood Wealth Management’s holdings, making the stock its 2nd biggest position. Westwood Wealth Management’s holdings in Meta Platforms were worth $25,681,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the last quarter. 1776 Wealth LLC lifted its stake in Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after acquiring an additional 675 shares during the period. Smart Money Group LLC grew its stake in shares of Meta Platforms by 20.4% in the first quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock worth $1,182,000 after acquiring an additional 348 shares during the period. Finally, Spear Holdings RSC Ltd bought a new stake in shares of Meta Platforms in the first quarter worth approximately $37,463,000. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 2,612 shares of Meta Platforms stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $782.13, for a total value of $2,042,923.56. Following the transaction, the chief operating officer directly owned 7,609 shares of the company’s stock, valued at $5,951,227.17. The trade was a 25.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. This represents a 86.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 59,430 shares of company stock valued at $45,313,988 over the last 90 days. 13.61% of the stock is currently owned by insiders.

Meta Platforms Stock Performance

Shares of META opened at $612.61 on Thursday. The firm has a 50-day moving average price of $719.36 and a 200 day moving average price of $704.38. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.54 trillion, a PE ratio of 26.97, a P/E/G ratio of 1.39 and a beta of 1.20. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s quarterly revenue was up 26.2% on a year-over-year basis. During the same period in the previous year, the firm posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is currently 9.28%.

Analyst Ratings Changes

A number of brokerages have weighed in on META. Monness Crespi & Hardt decreased their target price on shares of Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Pivotal Research upped their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. dropped their target price on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $870.00 price objective (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Finally, HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and boosted their price objective for the company from $610.00 to $900.00 in a research note on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.

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.