Meta Platforms, Inc. $META Shares Bought by Riverwater Partners LLC

Riverwater Partners LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 13.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,009 shares of the social networking company’s stock after buying an additional 123 shares during the quarter. Riverwater Partners LLC’s holdings in Meta Platforms were worth $745,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its position 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 purchasing an additional 59,766,000 shares in the last quarter. Invesco Ltd. lifted its holdings in Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after buying an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. boosted its position 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Meta Platforms by 4.5% in the 1st 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 buying an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Meta Platforms by 2.5% during the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock valued at $5,787,329,000 after acquiring an additional 247,850 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Scotiabank boosted their price target on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Oppenheimer cut Meta Platforms from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 30th. Citigroup dropped their price target on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday, October 8th. Finally, Pivotal Research raised their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $656.00, for a total value of $339,152.00. Following the sale, the chief operating officer directly owned 7,441 shares in the company, valued at approximately $4,881,296. This trade represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $628.00, for a total transaction of $325,932.00. Following the transaction, the insider directly owned 27,237 shares of the company’s stock, valued at approximately $17,104,836. This trade represents a 1.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 75,798 shares of company stock valued at $58,347,026. Insiders own 13.61% of the company’s stock.

Meta Platforms Stock Down 2.7%

Shares of NASDAQ:META opened at $618.94 on Friday. The company’s fifty day moving average is $728.56 and its two-hundred day moving average is $700.16. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The stock has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company’s quarterly revenue was up 26.2% on a year-over-year basis. During the same period in the previous year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Equities 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. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 9.28%.

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.