824 Meta Platforms, Inc. $META Shares Bought by Claro Advisors Inc.

Claro Advisors Inc. increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 4.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,293 shares of the social networking company’s stock after buying an additional 824 shares during the period. Meta Platforms comprises 1.3% of Claro Advisors Inc.’s portfolio, making the stock its 16th largest holding. Claro Advisors Inc.’s holdings in Meta Platforms were worth $13,266,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bill Few Associates Inc. increased its stake in Meta Platforms by 1.3% in the 3rd quarter. Bill Few Associates Inc. now owns 1,206 shares of the social networking company’s stock valued at $874,000 after purchasing an additional 15 shares in the last quarter. Value Partners Investments Inc. boosted its position in Meta Platforms by 1.8% during the third quarter. Value Partners Investments Inc. now owns 866 shares of the social networking company’s stock worth $630,000 after purchasing an additional 15 shares in the last quarter. Tenzing Financial LLC boosted its position in Meta Platforms by 1.3% during the second quarter. Tenzing Financial LLC now owns 1,210 shares of the social networking company’s stock worth $726,000 after purchasing an additional 16 shares in the last quarter. Uptown Financial Advisors LLC grew its holdings in Meta Platforms by 1.3% in the second quarter. Uptown Financial Advisors LLC now owns 1,273 shares of the social networking company’s stock valued at $717,000 after purchasing an additional 16 shares during the last quarter. Finally, Sheets Smith Wealth Management grew its holdings in Meta Platforms by 2.8% in the second quarter. Sheets Smith Wealth Management now owns 594 shares of the social networking company’s stock valued at $334,000 after purchasing an additional 16 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

NASDAQ META opened at $641.39 on Wednesday. The business’s 50-day moving average price is $677.61 and its 200 day moving average price is $632.27. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $779.82. The company has a market capitalization of $1.64 trillion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 1.11 and a beta of 1.28. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.30.

Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.86. The firm had revenue of $64.60 billion during the quarter, compared to the consensus estimate of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. Meta Platforms’s revenue was up 26.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.25 earnings per share. On average, research analysts predict that Meta Platforms, Inc. will post 29.01 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were given a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.16%.

Wall Street Analysts Forecast Growth

META has been the subject of several research reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $885.00 price target on shares of Meta Platforms in a research note on Thursday, October 22nd. Weiss Ratings upgraded shares of Meta Platforms from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Arete Research raised their target price on shares of Meta Platforms from $735.00 to $806.00 and gave the company a “buy” rating in a report on Wednesday, September 16th. DZ Bank restated a “buy” rating on shares of Meta Platforms in a research report on Thursday, July 30th. Finally, Pivotal Research upped their price target on shares of Meta Platforms from $930.00 to $960.00 and gave the company a “buy” rating in a report on Thursday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $833.12.

Check Out Our Latest Analysis on Meta Platforms

Insider Activity at Meta Platforms

In other Meta Platforms news, CAO Aaron Anderson sold 3,240 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total value of $2,002,514.40. Following the transaction, the chief accounting officer owned 6,271 shares in the company, valued at $3,875,854.26. The trade was a 34.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the transaction, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at $7,260,343.46. This represents a 41.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 149,398 shares of company stock valued at $102,134,435 over the last 90 days. Corporate insiders own 13.42% of the company’s stock.

Meta Platforms News Summary

Here are the key news stories impacting Meta Platforms this week:

  • Positive Sentiment: Meta’s Muse AI assistant is expanding to Apple Watch and Android Wear OS, giving users another way to access its AI services and potentially broadening adoption. Article: Meta’s AI agent Muse lands on Apple Watch and Android Wear OS
  • Positive Sentiment: JPMorgan named Meta one of its preferred internet stocks, citing AI-driven advertising and future monetization opportunities. The endorsement may help investor confidence after recent pressure on the shares. Article: JPMorgan Just Added Meta Platforms to Its Analyst Focus List
  • Positive Sentiment: ETF purchases exceeded sales on Friday, with 63 funds buying Meta shares and a reported net inflow of $211.9 million—an indication of institutional demand. Article: ETFs Bought $211.9 Million of Meta Platforms
  • Neutral Sentiment: Short-interest figures conflict: one report says short positions rose 165.6% to 75.5 million shares as of October 30, while a later entry reports zero shares as of November 10. The inconsistency makes the latest data unreliable as a directional signal.
  • Negative Sentiment: Investors continue to weigh the cost and payoff of Meta’s AI investment. Recent coverage cites negative free cash flow and a large legal charge that weighed on reported earnings, despite strong advertising growth. Article: Meta Platforms Stock: Is it a Steal of a Deal at $650?
  • Negative Sentiment: Meta is expanding AI-based age checks for Instagram teens as lawsuits over harm to young users continue. The move may address safety concerns, but the litigation and regulatory exposure remain risks. Article: Meta expands Instagram’s AI age-guessing tech globally

Meta Platforms Company Profile

(Free Report)

Meta Platforms, Inc. is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world. The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.

Further Reading

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META – Free Report).

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.