JDH Wealth Management LLC Sells 114 Shares of Meta Platforms, Inc. $META

JDH Wealth Management LLC lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 18.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 503 shares of the social networking company’s stock after selling 114 shares during the quarter. JDH Wealth Management LLC’s holdings in Meta Platforms were worth $371,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Biltmore Family Office LLC raised its stake in Meta Platforms by 2.2% during the 2nd quarter. Biltmore Family Office LLC now owns 3,321 shares of the social networking company’s stock worth $2,451,000 after buying an additional 71 shares during the period. Auto Owners Insurance Co increased its holdings in shares of Meta Platforms by 420.0% in the second quarter. Auto Owners Insurance Co now owns 170,300 shares of the social networking company’s stock worth $125,697,000 after acquiring an additional 137,550 shares in the last quarter. SwitchPoint Financial Planning LLC raised its position in shares of Meta Platforms by 8.4% during the second quarter. SwitchPoint Financial Planning LLC now owns 413 shares of the social networking company’s stock worth $305,000 after purchasing an additional 32 shares during the period. General American Investors Co. Inc. lifted its holdings in shares of Meta Platforms by 18.5% during the 2nd quarter. General American Investors Co. Inc. now owns 32,000 shares of the social networking company’s stock valued at $23,619,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Fairfield Financial Advisors LTD grew its position in shares of Meta Platforms by 50.0% in the 2nd quarter. Fairfield Financial Advisors LTD now owns 2,743 shares of the social networking company’s stock valued at $2,025,000 after purchasing an additional 914 shares during the period. Institutional investors own 79.91% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on META shares. Rosenblatt Securities raised their target price on shares of Meta Platforms from $1,086.00 to $1,117.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. JMP Securities boosted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a research report on Thursday, July 31st. Benchmark lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Bank of America lowered their target price on Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, Guggenheim restated a “buy” rating and issued a $800.00 price target (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.

Meta Platforms Trading Up 0.4%

Meta Platforms stock opened at $621.71 on Friday. The company has a market cap of $1.56 trillion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 1.38 and a beta of 1.20. The firm has a 50-day moving average of $726.22 and a 200-day moving average of $702.51. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

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

Meta Platforms Dividend Announcement

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

Insiders Place Their Bets

In other news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $787.06, for a total value of $12,472,539.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 75,798 shares of company stock valued at $58,347,026 in the last ninety days. 13.61% of the stock is currently owned by insiders.

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.