Wilson & Boucher Capital Management LLC Cuts Stake in Meta Platforms, Inc. $META

Wilson & Boucher Capital Management LLC trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 9.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 950 shares of the social networking company’s stock after selling 95 shares during the quarter. Wilson & Boucher Capital Management LLC’s holdings in Meta Platforms were worth $701,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Inlight Wealth Management LLC purchased a new stake in shares of Meta Platforms during the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Meta Platforms during the 1st quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the 1st quarter valued at about $33,000. JCIC Asset Management Inc. boosted its holdings in shares of Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after acquiring an additional 40 shares during the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new stake in shares of Meta Platforms during the 4th quarter valued at about $47,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on META shares. Wells Fargo & Company raised their price target on shares of Meta Platforms from $783.00 to $811.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Raymond James Financial raised their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a report on Thursday, July 31st. DA Davidson raised their price target on shares of Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Benchmark raised their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Oppenheimer raised their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $822.41.

Meta Platforms Price Performance

NASDAQ META opened at $755.59 on Friday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock has a market cap of $1.90 trillion, a price-to-earnings ratio of 27.36, a PEG ratio of 1.55 and a beta of 1.24. The company’s 50 day moving average is $741.83 and its two-hundred day moving average is $661.83. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last released 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 analysts’ expectations of $44.55 billion. During the same quarter last year, the business earned $5.16 EPS. The firm’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.525 per share. The ex-dividend date is Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

Insider Activity

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $757.50, for a total transaction of $393,142.50. Following the sale, the insider owned 31,389 shares in the company, valued at approximately $23,777,167.50. This trade represents a 1.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 283,280 shares of company stock worth $214,119,908 in the last quarter. 13.61% of the stock is currently owned by insiders.

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.