Meta Platforms, Inc. $META Shares Bought by Jackson Wealth Management LLC

Jackson Wealth Management LLC grew its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 55.2% in the second quarter, Holdings Channel.com reports. The fund owned 18,433 shares of the social networking company’s stock after buying an additional 6,554 shares during the quarter. Meta Platforms comprises about 1.5% of Jackson Wealth Management LLC’s holdings, making the stock its 16th biggest position. Jackson Wealth Management LLC’s holdings in Meta Platforms were worth $13,605,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC purchased a new stake in shares of Meta Platforms during the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Meta Platforms during the first quarter worth $28,000. Evergreen Private Wealth LLC lifted its stake in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the first quarter valued at approximately $33,000. Finally, Maseco LLP acquired a new position in Meta Platforms in the second quarter worth about $54,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total value of $372,112.62. Following the transaction, the insider owned 29,313 shares in the company, valued at approximately $21,016,834.74. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $704.81, for a total transaction of $364,386.77. Following the sale, the chief operating officer owned 9,509 shares of the company’s stock, valued at $6,702,038.29. This trade represents a 5.16% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 214,182 shares of company stock valued at $164,946,219. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Shares of META stock opened at $705.30 on Friday. The company has a market cap of $1.77 trillion, a P/E ratio of 25.54, a P/E/G ratio of 1.53 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $752.20 and a 200 day simple moving average of $678.77. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm’s revenue was up 21.6% compared to the same quarter last year. During the same period last year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is 7.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Pivotal Research increased their target price on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Guggenheim restated a “buy” rating and issued a $800.00 price target (up from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Loop Capital reissued a “buy” rating and set a $980.00 price target (up from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Mizuho set a $925.00 price objective on Meta Platforms and gave the stock an “outperform” rating in a research note on Monday, September 29th. Finally, Piper Sandler raised their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $830.68.

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.