Magnolia Capital Advisors LLC Has $3.80 Million Stake in Meta Platforms, Inc. $META

Magnolia Capital Advisors LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.6% during the second quarter, Holdings Channel.com reports. The firm owned 5,145 shares of the social networking company’s stock after buying an additional 274 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in Meta Platforms were worth $3,797,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in META. Kingstone Capital Partners Texas LLC lifted its holdings in shares of Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after buying an additional 59,766,000 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after buying an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Meta Platforms by 4.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock valued at $7,229,553,000 after acquiring an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after buying an additional 247,850 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $609.46 on Friday. The company has a market capitalization of $1.54 trillion, a PE ratio of 26.92, a PEG ratio of 1.35 and a beta of 1.20. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The stock’s 50 day moving average price is $713.72 and its 200-day moving average price is $704.14. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period in the previous year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a $0.525 dividend. 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 currently 9.28%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on META shares. Jefferies Financial Group lowered their price objective on shares of Meta Platforms from $950.00 to $910.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $870.00 price objective (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. JPMorgan Chase & Co. cut their price target on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. UBS Group raised their price objective on shares of Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, Rosenblatt Securities boosted their target price on 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. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $827.60.

Insider Buying and Selling at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the sale, the chief technology officer directly owned 1,799 shares of the company’s stock, valued at $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 44,421 shares of company stock worth $33,573,980 over the last three months. 13.61% of the stock is currently owned by 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.