5,289 Shares in Meta Platforms, Inc. $META Bought by TSG Advice Partners LLC

TSG Advice Partners LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,289 shares of the social networking company’s stock, valued at approximately $3,835,000. Meta Platforms makes up 0.5% of TSG Advice Partners LLC’s investment portfolio, making the stock its 28th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CKW Financial Group grew its holdings in Meta Platforms by 12.4% in the third quarter. CKW Financial Group now owns 327 shares of the social networking company’s stock valued at $237,000 after purchasing an additional 36 shares during the last quarter. Welch Group LLC raised its stake in shares of Meta Platforms by 7.4% during the 3rd quarter. Welch Group LLC now owns 21,054 shares of the social networking company’s stock worth $15,268,000 after buying an additional 1,459 shares during the last quarter. Trek Financial LLC raised its stake in shares of Meta Platforms by 13.7% during the 3rd quarter. Trek Financial LLC now owns 7,795 shares of the social networking company’s stock worth $5,653,000 after buying an additional 941 shares during the last quarter. True Freedom Investing LLC raised its stake in shares of Meta Platforms by 0.6% during the 3rd quarter. True Freedom Investing LLC now owns 6,276 shares of the social networking company’s stock worth $4,551,000 after buying an additional 35 shares during the last quarter. Finally, Pinnacle Financial Group LLC IL boosted its position in shares of Meta Platforms by 18.8% in the 3rd quarter. Pinnacle Financial Group LLC IL now owns 551 shares of the social networking company’s stock worth $399,000 after buying an additional 87 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Aaron Anderson sold 3,240 shares of Meta Platforms stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares in the company, valued at $3,875,854.26. This trade represents a 34.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 151,090 shares of company stock worth $103,150,807 in the last ninety days. 13.53% of the stock is currently owned by company insiders.

Meta Platforms Trading Up 0.8%

Shares of META stock opened at $610.15 on Friday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. The stock has a market cap of $1.56 trillion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 1.06 and a beta of 1.28. The firm’s 50 day moving average price is $674.97 and its two-hundred day moving average price is $632.16. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Thursday, October 22nd. The social networking company reported $7.40 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $0.86. The company had revenue of $64.60 billion for the quarter, compared to analysts’ expectations of $63.34 billion. Meta Platforms had a return on equity of 30.73% and a net margin of 31.15%. The firm’s quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.25 earnings per share. On average, analysts anticipate that Meta Platforms, Inc. will post 29.01 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms’s dividend payout ratio (DPR) is presently 7.16%.

Analyst Ratings Changes

A number of brokerages recently commented on META. HSBC lowered their price objective on shares of Meta Platforms from $905.00 to $830.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. BMO Capital Markets lifted their target price on shares of Meta Platforms from $580.00 to $685.00 and gave the stock a “market perform” rating in a research report on Thursday, October 22nd. Robert W. Baird cut their target price on shares of Meta Platforms from $830.00 to $750.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Jefferies Financial Group increased their price target on shares of Meta Platforms from $710.00 to $875.00 and gave the company a “buy” rating in a research report on Tuesday, September 22nd. Finally, Yorkville Ives initiated coverage on shares of Meta Platforms in a research note on Tuesday, October 6th. They set an “outperform” rating and a $900.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $833.12.

Key Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Meta launched Spaces, a collaboration feature for its Muse AI agents, following the rollout of Muse Voice. The new offerings may help strengthen user engagement and expand Meta’s consumer AI ecosystem. Meta introduces Spaces
• Positive Sentiment: Recent earnings commentary points to AI supporting Meta’s advertising operations, reinforcing the potential for the company’s AI investments to generate revenue. Takeaways from recent earnings
• Neutral Sentiment: Meta paused planned updates to its terms and is keeping existing rules in place. The move avoids an immediate policy change, though the underlying issues remain unresolved. Meta pauses planned terms updates
• Neutral Sentiment: Plans for new nonvoting Class C shares have been described as effectively creating a 2-for-1 split. A split changes the number of shares, but does not by itself change the company’s underlying value; the structure preserves Mark Zuckerberg’s voting control. Is Meta Platforms next for a stock split?
• Negative Sentiment: Meta and other platforms sued to block California restrictions on social-media features for users under 16. The case adds regulatory uncertainty and potential legal costs. Platforms sue over California teen social-media law
• Negative Sentiment: Meta warned that political backlash and possible limits on data-center construction could complicate its AI expansion. Its $15 billion senior-notes offering also highlights the scale of financing required for investment. Data-center expansion concerns
• Negative Sentiment: Reported ETF net selling and insider share sales may add short-term pressure, although the disclosed insider transaction was made under a pre-arranged trading plan. ETFs are net sellers of Meta Platforms

About Meta Platforms

Meta Platforms, Inc is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world.

The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.

Founded in 2004 as Facebook by Mark Zuckerberg and fellow students, the company changed its name to Meta Platforms in 2021 to reflect its broader focus on building social technologies and immersive digital experiences.