Meta Platforms, Inc. $META Shares Sold by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI lowered its stake in Meta Platforms, Inc. (NASDAQ:META) by 50.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,237 shares of the social networking company’s stock after selling 140,806 shares during the period. Meta Platforms comprises 2.4% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 15th biggest position. Commerzbank Aktiengesellschaft FI’s holdings in Meta Platforms were worth $102,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Pinion Investment Advisors LLC raised its position in Meta Platforms by 3.8% in the 2nd quarter. Pinion Investment Advisors LLC now owns 1,739 shares of the social networking company’s stock valued at $1,284,000 after purchasing an additional 64 shares in the last quarter. Verde Servicos Internacionais S.A. raised its position in Meta Platforms by 152.3% in the 2nd quarter. Verde Servicos Internacionais S.A. now owns 19,026 shares of the social networking company’s stock valued at $14,043,000 after purchasing an additional 11,486 shares in the last quarter. McKinley Carter Wealth Services Inc. raised its position in shares of Meta Platforms by 2.0% during the 2nd quarter. McKinley Carter Wealth Services Inc. now owns 15,307 shares of the social networking company’s stock worth $11,298,000 after acquiring an additional 294 shares in the last quarter. Coordinated Financial Services Inc. purchased a new stake in Meta Platforms during the second quarter worth approximately $1,292,000. Finally, Moseley Investment Management Inc. lifted its stake in Meta Platforms by 8.3% during the second quarter. Moseley Investment Management Inc. now owns 4,606 shares of the social networking company’s stock worth $3,400,000 after purchasing an additional 354 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Trading Up 0.7%

NASDAQ:META opened at $716.91 on Friday. The firm has a market cap of $1.80 trillion, a P/E ratio of 25.96, a PEG ratio of 1.50 and a beta of 1.20. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock’s 50 day simple moving average is $746.75 and its 200-day simple moving average is $683.72. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The business 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 company’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 7.60%.

Insider Buying and Selling

In other news, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the transaction, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the sale, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 214,182 shares of company stock worth $164,933,323. 13.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on META. Cantor Fitzgerald restated an “overweight” rating and set a $920.00 target price on shares of Meta Platforms in a research note on Thursday. Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. Barclays boosted their target price on Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Benchmark boosted their target price on Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Piper Sandler boosted their target price on Meta Platforms from $808.00 to $880.00 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 issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

Meta Platforms Company Profile

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.