Triglav Investments D.O.O. Decreases Position in Meta Platforms, Inc. $META

Triglav Investments D.O.O. reduced its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 6.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 107,665 shares of the social networking company’s stock after selling 7,475 shares during the quarter. Meta Platforms accounts for about 5.7% of Triglav Investments D.O.O.’s holdings, making the stock its 4th biggest holding. Triglav Investments D.O.O.’s holdings in Meta Platforms were worth $79,465,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the 1st quarter valued at approximately $33,000. Evergreen Private Wealth LLC lifted its stake in Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the last quarter. Briaud Financial Planning Inc acquired a new stake in Meta Platforms in the second quarter valued at approximately $42,000. WFA Asset Management Corp boosted its position in Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after buying an additional 20 shares in the last quarter. Finally, Maseco LLP bought a new stake in shares of Meta Platforms during the second quarter worth $54,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on META. Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. JMP Securities upped their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. Sanford C. Bernstein reissued an “outperform” rating and set a $870.00 price target (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a report on Tuesday, October 14th. Finally, Erste Group Bank downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $827.60.

Meta Platforms Stock Performance

Shares of META stock opened at $609.01 on Thursday. The stock has a market capitalization of $1.54 trillion, a PE ratio of 26.90, a PEG ratio of 1.39 and a beta of 1.20. The business’s 50 day simple moving average is $719.36 and its 200 day simple moving average is $704.38. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the business earned $6.03 EPS. The company’s revenue 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 forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date of this dividend 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 9.28%.

Insiders Place Their Bets

In other news, insider Jennifer Newstead sold 516 shares of Meta Platforms stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $325,596.00. Following the completion of the transaction, the insider directly owned 26,721 shares of the company’s stock, valued at approximately $16,860,951. This trade represents a 1.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total value of $333,391.05. Following the completion of the transaction, the director directly owned 7,947 shares in the company, valued at $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 59,430 shares of company stock worth $45,313,988. Company insiders own 13.61% of the company’s stock.

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.