Trilogy Capital Inc. Buys 674 Shares of Meta Platforms, Inc. $META

Trilogy Capital Inc. grew its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 12.8% during the second quarter, Holdings Channel reports. The institutional investor owned 5,924 shares of the social networking company’s stock after purchasing an additional 674 shares during the quarter. Trilogy Capital Inc.’s holdings in Meta Platforms were worth $4,372,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms in the first quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms in the first quarter worth about $28,000. Evergreen Private Wealth LLC grew its stake in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms in the first quarter worth about $33,000. Finally, Maseco LLP bought a new stake in shares of Meta Platforms in the second quarter worth about $54,000. 79.91% of the stock is owned by institutional investors.

Insider Activity

In related news, CTO Andrew Bosworth sold 11,694 shares of the business’s 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 directly owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 213,146 shares of company stock valued at $164,209,720 in the last quarter. Insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Truist Financial set a $880.00 price objective on shares of Meta Platforms in a report on Thursday, September 18th. Cantor Fitzgerald restated an “overweight” rating and issued a $920.00 price objective on shares of Meta Platforms in a report on Wednesday, September 17th. Hsbc Global Res upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Mizuho set a $925.00 price objective on shares of Meta Platforms and gave the stock an “outperform” rating in a report on Monday, September 29th. Finally, BMO Capital Markets raised their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $830.61.

Meta Platforms Price Performance

META stock opened at $713.08 on Wednesday. The firm has a 50 day moving average price of $753.44 and a 200-day moving average price of $677.16. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a market capitalization of $1.79 trillion, a price-to-earnings ratio of 25.82, a PEG ratio of 1.49 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97.

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

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a $0.525 dividend. 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 payout ratio is presently 7.60%.

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.