Meta Platforms, Inc. $META Shares Bought by James J. Burns & Company LLC

James J. Burns & Company LLC boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 23.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,472 shares of the social networking company’s stock after acquiring an additional 277 shares during the period. James J. Burns & Company LLC’s holdings in Meta Platforms were worth $1,087,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in META. Brighton Jones LLC raised its position in Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the period. Bath Savings Trust Co raised its position in Meta Platforms by 15.2% during the first quarter. Bath Savings Trust Co now owns 562 shares of the social networking company’s stock worth $324,000 after acquiring an additional 74 shares during the period. Doliver Advisors LP raised its position in Meta Platforms by 5.0% during the first quarter. Doliver Advisors LP now owns 9,816 shares of the social networking company’s stock worth $5,658,000 after acquiring an additional 465 shares during the period. Finally, Legacy Financial Strategies LLC raised its position in Meta Platforms by 1.2% during the first quarter. Legacy Financial Strategies LLC now owns 2,003 shares of the social networking company’s stock worth $1,154,000 after acquiring an additional 23 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Trading Down 0.7%

Shares of META stock opened at $743.75 on Friday. 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 has a market cap of $1.87 trillion, a PE ratio of 26.93, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. The company has a 50-day moving average of $751.74 and a two-hundred day moving average of $670.84. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business 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. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on META. Citizens Jmp increased their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. increased their target price on shares of Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. UBS Group increased their target price on shares of Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Roth Capital increased their target price on shares of Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a research report on Tuesday, July 8th. Finally, Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $826.05.

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 completion of the transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 230,336 shares of company stock worth $176,625,049. 13.61% of the stock is owned by corporate insiders.

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.