Meta Platforms, Inc. $META Shares Sold by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 64.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 147 shares of the social networking company’s stock after selling 267 shares during the quarter. Game Plan Financial Advisors LLC’s holdings in Meta Platforms were worth $109,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Weaver Capital Management LLC increased its holdings in Meta Platforms by 0.4% in the second quarter. Weaver Capital Management LLC now owns 5,608 shares of the social networking company’s stock valued at $4,139,000 after buying an additional 23 shares during the last quarter. MFA Wealth Services lifted its position in Meta Platforms by 5.2% in the second quarter. MFA Wealth Services now owns 906 shares of the social networking company’s stock worth $669,000 after purchasing an additional 45 shares during the period. Leo Wealth LLC lifted its position in Meta Platforms by 69.7% in the second quarter. Leo Wealth LLC now owns 8,358 shares of the social networking company’s stock worth $6,152,000 after purchasing an additional 3,433 shares during the period. Copperwynd Financial LLC boosted its stake in shares of Meta Platforms by 2.0% during the 2nd quarter. Copperwynd Financial LLC now owns 8,433 shares of the social networking company’s stock worth $6,224,000 after acquiring an additional 164 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Meta Platforms by 4.9% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 722 shares of the social networking company’s stock worth $533,000 after acquiring an additional 34 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Trading Up 0.7%

META opened at $716.91 on Friday. The stock has a market capitalization of $1.80 trillion, a P/E ratio of 25.96, a P/E/G ratio of 1.49 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm’s fifty day simple moving average is $746.75 and its 200 day simple moving average is $683.03. 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 issued its quarterly 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 for the quarter, compared to analyst estimates of $44.55 billion. During the same period in the previous year, the business earned $5.16 EPS. The company’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 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was 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 is 7.60%.

Insider Buying and Selling at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total transaction of $367,374.15. Following the completion of the transaction, the insider directly owned 28,794 shares of the company’s stock, valued at approximately $20,381,832.90. The trade was a 1.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock valued at $164,933,323 in the last quarter. Company insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Barclays increased their target price on Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Loop Capital restated a “buy” rating and set a $980.00 price target (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Scotiabank increased their target price on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the stock an “outperform” rating in a research note on Monday, September 29th. Finally, TD Cowen raised their price target on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

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.