Meta Platforms, Inc. $META Shares Acquired by Lifeworks Advisors LLC

Lifeworks Advisors LLC increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 7.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,011 shares of the social networking company’s stock after purchasing an additional 141 shares during the period. Lifeworks Advisors LLC’s holdings in Meta Platforms were worth $1,485,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Meta Platforms by 0.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock valued at $2,587,000 after acquiring an additional 13 shares during the last quarter. Pachira Investments Inc. lifted its holdings in Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after purchasing an additional 14 shares in the last quarter. Hemington Wealth Management grew its holdings in shares of Meta Platforms by 0.6% during the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock worth $1,641,000 after buying an additional 14 shares in the last quarter. Myecfo LLC raised its position in shares of Meta Platforms by 2.0% in the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after buying an additional 15 shares during the last quarter. Finally, Shelton Wealth Management LLC lifted its stake in shares of Meta Platforms by 0.9% during the second quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after buying an additional 15 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Raymond James Financial reiterated a “strong-buy” rating and issued a $825.00 price target (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. TD Cowen dropped their target price on Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Pivotal Research raised their price target on Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Cantor Fitzgerald dropped their price objective on shares of Meta Platforms from $920.00 to $830.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $870.00 price objective (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Insider Buying and Selling

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $656.00, for a total value of $339,152.00. Following the completion of the sale, the chief operating officer 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 Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the transaction, the director directly owned 7,947 shares in the company, valued at $5,697,760.59. This trade represents a 5.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 58,397 shares of company stock valued at $44,662,165. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Down 0.7%

Shares of NASDAQ:META opened at $627.08 on Wednesday. The stock has a 50-day simple moving average of $721.92 and a 200-day simple moving average of $705.05. The stock has a market capitalization of $1.58 trillion, a P/E ratio of 27.70, a PEG ratio of 1.40 and a beta of 1.20. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. 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 (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. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the firm posted $6.03 earnings per share. Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Meta Platforms 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.