Fourpath Capital Management LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 0.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,500 shares of the social networking company’s stock after purchasing an additional 15 shares during the quarter. Fourpath Capital Management LLC’s holdings in Meta Platforms were worth $4,060,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of META. Inlight Wealth Management LLC acquired a new stake in shares of Meta Platforms in the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms in the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the first quarter valued at about $33,000. Evergreen Private Wealth LLC grew its position in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the period. Finally, JCIC Asset Management Inc. boosted its position 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 last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Insider Activity
In related news, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the sale, the director directly owned 7,947 shares of the company’s stock, valued at $5,697,760.59. This represents a 5.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $713.34, for a total transaction of $368,796.78. Following the sale, the chief operating officer directly owned 8,992 shares in the company, valued at approximately $6,414,353.28. The trade was a 5.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 213,665 shares of company stock valued at $164,568,109. Company insiders own 13.61% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on Meta Platforms
Meta Platforms Price Performance
Shares of META stock opened at $716.91 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm’s 50-day moving average is $746.75 and its two-hundred day moving average is $684.78. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a market capitalization of $1.80 trillion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $44.55 billion. During the same period in the previous year, the firm earned $5.16 earnings per share. Meta Platforms’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is 7.60%.
Meta Platforms 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.
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