Swiss National Bank increased its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 7.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,630,600 shares of the social networking company’s stock after acquiring an additional 481,600 shares during the period. Meta Platforms comprises approximately 2.9% of Swiss National Bank’s portfolio, making the stock its 5th largest position. Swiss National Bank owned about 0.26% of Meta Platforms worth $4,893,980,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in META. Evergreen Private Wealth LLC raised its holdings in shares of Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares in the last quarter. Briaud Financial Planning Inc bought a new position in Meta Platforms during the second quarter valued at approximately $42,000. WFA Asset Management Corp grew its position in Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after acquiring an additional 20 shares during the last quarter. Maseco LLP purchased a new position in shares of Meta Platforms during the second quarter worth approximately $54,000. Finally, eCIO Inc. bought a new stake in shares of Meta Platforms in the 1st quarter worth approximately $58,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on META shares. Rosenblatt Securities increased their target price on shares of Meta Platforms from $1,086.00 to $1,117.00 and gave the company a “buy” rating in a report on Thursday, October 30th. The Goldman Sachs Group reissued a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. BNP Paribas assumed coverage on Meta Platforms in a research note on Monday, November 24th. They set an “outperform” rating and a $800.00 price objective on the stock. Oppenheimer downgraded Meta Platforms from an “outperform” rating to a “market perform” rating in a report on Thursday, October 30th. Finally, Roth Capital restated a “buy” rating on shares of Meta Platforms in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $823.93.
Meta Platforms Stock Up 2.2%
Shares of NASDAQ:META opened at $647.48 on Monday. The stock’s 50-day moving average is $683.38 and its 200 day moving average is $706.56. The company has a market cap of $1.63 trillion, a PE ratio of 28.60, a P/E/G ratio of 1.36 and a beta of 1.28. 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.
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter last year, the business posted $6.03 EPS. The business’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Announces Dividend
The business also recently disclosed 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 of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is presently 9.28%.
Insiders Place Their Bets
In related news, CTO Andrew Bosworth sold 11,690 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $593.31, for a total value of $6,935,793.90. Following the completion of the transaction, the chief technology officer directly owned 2,415 shares of the company’s stock, valued at $1,432,843.65. This represents a 82.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Susan J. Li sold 6,875 shares of Meta Platforms stock in a transaction that occurred on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $4,190,037.50. Following the sale, the chief financial officer directly owned 88,370 shares in the company, valued at approximately $53,857,980.20. The trade was a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 41,959 shares of company stock worth $26,759,811. Company insiders own 13.61% of the company’s stock.
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.
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