Atlas Private Wealth Advisors Grows Stock Position in Meta Platforms, Inc. $META

Atlas Private Wealth Advisors increased its holdings in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 2.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,302 shares of the social networking company’s stock after acquiring an additional 119 shares during the quarter. Atlas Private Wealth Advisors’ holdings in Meta Platforms were worth $3,180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in META. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the 1st quarter worth $33,000. Evergreen Private Wealth LLC grew 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 purchasing an additional 38 shares during the period. Briaud Financial Planning Inc purchased a new stake in Meta Platforms in the second quarter worth about $42,000. WFA Asset Management Corp increased its position in Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares in the last quarter. Finally, Maseco LLP bought a new position in shares of Meta Platforms in the second quarter worth about $54,000. 79.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, 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 value of $325,932.00. Following the sale, the insider owned 27,237 shares in the company, valued at approximately $17,104,836. The trade was a 1.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $656.00, for a total transaction of $339,152.00. Following the transaction, the chief operating officer owned 7,441 shares of the company’s stock, valued at $4,881,296. This trade represents a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 58,397 shares of company stock valued at $44,662,165 in the last quarter. 13.61% of the stock is currently owned by insiders.

Meta Platforms Stock Performance

META opened at $627.08 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 27.70, a PEG ratio of 1.40 and a beta of 1.20. The company has a fifty day moving average of $721.92 and a 200 day moving average of $705.05. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) last released its quarterly earnings data 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 the consensus estimate of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business’s revenue was up 26.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Analyst Ratings Changes

META has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a research note on Wednesday, October 8th. Cantor Fitzgerald lowered their price target on shares of Meta Platforms from $920.00 to $830.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. UBS Group upped their price target on shares of Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Stifel Nicolaus decreased their price objective on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Finally, BMO Capital Markets lifted their target price on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $827.60.

Check Out Our Latest Stock Report on Meta Platforms

Meta Platforms Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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