Yukon Wealth Management Inc. Purchases 135 Shares of Meta Platforms, Inc. $META

Yukon Wealth Management Inc. lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 14.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,078 shares of the social networking company’s stock after buying an additional 135 shares during the quarter. Yukon Wealth Management Inc.’s holdings in Meta Platforms were worth $796,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of META. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms in the first quarter valued at $33,000. Evergreen Private Wealth LLC lifted its position in Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in Meta Platforms during the 2nd quarter valued at about $42,000. WFA Asset Management Corp raised its stake in shares of Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new stake in Meta Platforms during the second quarter worth $54,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Activity

In other news, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the transaction, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. The trade was a 86.67% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 75,798 shares of company stock valued at $58,347,026. Insiders own 13.61% of the company’s stock.

Meta Platforms Trading Down 2.7%

Shares of Meta Platforms stock opened at $618.94 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm has a market cap of $1.55 trillion, a PE ratio of 27.34, a PEG ratio of 1.41 and a beta of 1.20. The company has a 50 day simple moving average of $728.56 and a two-hundred day simple moving average of $700.16.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data 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 company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm’s revenue was up 26.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. 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 declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a dividend of $0.525 per share. 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 (DPR) is presently 9.28%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on META shares. Roth Capital reissued a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Bank of America decreased their price target on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Scotiabank increased their price objective on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Oppenheimer cut Meta Platforms from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 30th. Finally, KeyCorp decreased their price objective on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $827.60.

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.