871 Shares in Meta Platforms, Inc. $META Purchased by Wealth Watch Advisors INC

Wealth Watch Advisors INC acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 871 shares of the social networking company’s stock, valued at approximately $643,000.

Other large investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms during the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC raised its holdings in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares during the period. Briaud Financial Planning Inc bought a new position in Meta Platforms in the 2nd quarter worth approximately $42,000. WFA Asset Management Corp boosted its position in shares of Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after acquiring an additional 20 shares during the last quarter. Finally, Maseco LLP purchased a new position in shares of Meta Platforms during the second quarter valued at about $54,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Performance

META opened at $618.94 on Friday. The firm has a 50 day moving average of $728.56 and a two-hundred day moving average of $700.16. The firm has a market capitalization of $1.55 trillion, a PE ratio of 27.34, a P/E/G ratio of 1.41 and a beta of 1.20. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.

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

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 9.28%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on META. Mizuho lowered their target price on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Piper Sandler lowered their price objective on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a report on Tuesday, October 14th. DA Davidson set a $825.00 price target on shares of Meta Platforms in a report on Thursday, October 30th. Finally, Pivotal Research upped their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Insider Buying and Selling

In related news, COO Javier Olivan sold 2,612 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $782.13, for a total transaction of $2,042,923.56. Following the completion of the transaction, the chief operating officer owned 7,609 shares in the company, valued at approximately $5,951,227.17. The trade was a 25.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $402,225.00. Following the completion of the transaction, the insider owned 32,946 shares of the company’s stock, valued at approximately $25,533,150. The trade was a 1.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 75,798 shares of company stock worth $58,347,026 in the last ninety days. Company insiders own 13.61% of the company’s stock.

About Meta Platforms

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.