857 Shares in Meta Platforms, Inc. $META Purchased by Andina Capital Management LLC

Andina Capital Management LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 857 shares of the social networking company’s stock, valued at approximately $494,000.

Several other large investors have also recently bought and sold shares of META. Texas Capital Bancshares Inc TX lifted its stake in shares of Meta Platforms by 2.0% in the 1st quarter. Texas Capital Bancshares Inc TX now owns 1,458 shares of the social networking company’s stock worth $840,000 after acquiring an additional 29 shares during the period. CWS Financial Advisors LLC increased its stake in shares of Meta Platforms by 4.2% during the first quarter. CWS Financial Advisors LLC now owns 969 shares of the social networking company’s stock valued at $558,000 after acquiring an additional 39 shares during the period. Colonial Trust Advisors raised its holdings in Meta Platforms by 1.3% during the first quarter. Colonial Trust Advisors now owns 18,676 shares of the social networking company’s stock worth $10,764,000 after purchasing an additional 237 shares in the last quarter. Blue Investment Partners LLC raised its holdings in Meta Platforms by 11.0% during the first quarter. Blue Investment Partners LLC now owns 17,320 shares of the social networking company’s stock worth $9,983,000 after purchasing an additional 1,722 shares in the last quarter. Finally, Senator Investment Group LP lifted its position in Meta Platforms by 7.6% in the first quarter. Senator Investment Group LP now owns 102,480 shares of the social networking company’s stock worth $59,065,000 after purchasing an additional 7,264 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on META shares. Citizens Jmp lifted their price target on Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Rosenblatt Securities raised their target price on Meta Platforms from $846.00 to $918.00 and gave the company a “buy” rating in a research note on Thursday, May 1st. TD Securities lowered their target price on Meta Platforms from $725.00 to $700.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. DA Davidson boosted their price target on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, JMP Securities upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $822.41.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the firm’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the completion of the sale, the insider directly owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 313,803 shares of company stock valued at $235,276,424. Company insiders own 13.61% of the company’s stock.

Meta Platforms Trading Down 0.5%

NASDAQ:META opened at $747.72 on Thursday. The stock has a fifty day simple moving average of $727.95 and a 200 day simple moving average of $657.05. The firm has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 27.07, a price-to-earnings-growth ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the previous year, the company earned $5.16 EPS. The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side 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 Thursday, June 26th. Investors of record on Monday, June 16th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, June 16th. Meta Platforms’s dividend payout ratio is 7.60%.

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.