Solstein Capital LLC Has $593,000 Stake in Meta Platforms, Inc. $META

Solstein Capital LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 131.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 804 shares of the social networking company’s stock after buying an additional 456 shares during the period. Solstein Capital LLC’s holdings in Meta Platforms were worth $593,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Csenge Advisory Group grew its position in shares of Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after purchasing an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC boosted its stake in Meta Platforms by 4.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after purchasing an additional 34 shares during the period. JMG Financial Group Ltd. acquired a new position in Meta Platforms in the 1st quarter valued at $284,000. Infusive Asset Management Inc. increased its position in Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after buying an additional 2,285 shares during the period. Finally, Spirepoint Private Client LLC lifted its holdings in shares of Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after buying an additional 109 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Insider Transactions at Meta Platforms

In related news, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $787.06, for a total value of $12,472,539.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Javier Olivan sold 2,612 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $782.13, for a total transaction of $2,042,923.56. Following the completion of the sale, the chief operating officer owned 7,609 shares in the company, valued at $5,951,227.17. This represents a 25.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 75,798 shares of company stock valued at $58,347,026. 13.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

META has been the topic of several research reports. Stifel Nicolaus decreased their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. BMO Capital Markets increased their target price on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research report on Thursday, July 31st. Oppenheimer cut shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a report on Thursday, October 30th. Rosenblatt Securities lifted their price target on shares of Meta Platforms from $1,086.00 to $1,117.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Cantor Fitzgerald cut their price target on Meta Platforms from $920.00 to $830.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $827.60.

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $618.94 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The stock has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The company’s 50 day simple moving average is $728.56 and its 200 day simple moving average is $700.16.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the company posted $6.03 EPS. The company’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is presently 9.28%.

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.