Meta Platforms, Inc. $META Shares Sold by Antonelli Financial Advisors LLC

Antonelli Financial Advisors LLC cut its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,345 shares of the social networking company’s stock after selling 289 shares during the quarter. Meta Platforms accounts for about 3.4% of Antonelli Financial Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Antonelli Financial Advisors LLC’s holdings in Meta Platforms were worth $4,683,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms during the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms during the first quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms during the first quarter worth about $33,000. Evergreen Private Wealth LLC grew its holdings 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 period. Finally, JCIC Asset Management Inc. grew its holdings in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after acquiring an additional 40 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Guggenheim reaffirmed a “buy” rating and set a $800.00 target price (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Citigroup reissued an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. JMP Securities lifted their price target on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Sanford C. Bernstein lifted their price target on Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, KeyCorp lifted their price target on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Four equities research 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’s stock. Based on data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Stock Up 0.7%

META opened at $716.91 on Friday. The business has a 50 day moving average price of $746.75 and a 200 day moving average price of $683.72. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. 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 firm has a market cap of $1.80 trillion, a P/E ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same period in the previous year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently declared 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 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 7.60%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the transaction, the director owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $713.34, for a total value of $368,796.78. Following the completion of the transaction, the chief operating officer directly owned 8,992 shares in the company, valued at approximately $6,414,353.28. This represents a 5.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,933,323 over the last three months. 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.