Oakwell Private Wealth Management LLC Has $470,000 Holdings in Meta Platforms, Inc. $META

Oakwell Private Wealth Management LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 22.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 636 shares of the social networking company’s stock after buying an additional 118 shares during the period. Oakwell Private Wealth Management LLC’s holdings in Meta Platforms were worth $470,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms in the 1st quarter valued at $33,000. Evergreen Private Wealth LLC boosted its position 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 worth $40,000 after purchasing an additional 38 shares during the period. Briaud Financial Planning Inc acquired a new position in shares of Meta Platforms in the second quarter valued at $42,000. WFA Asset Management Corp raised its position in shares of Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares during the period. Finally, Maseco LLP bought a new position in shares of Meta Platforms in the second quarter valued at about $54,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total transaction of $376,923.75. Following the completion of the sale, the insider owned 31,908 shares of the company’s stock, valued at $23,173,185. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the firm’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 transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,421 shares of company stock valued at $33,573,980 over the last quarter. 13.61% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on META shares. Pivotal Research lifted their target price 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. Oppenheimer downgraded shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 30th. Piper Sandler reduced their price objective on Meta Platforms from $880.00 to $840.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. UBS Group increased their target price on Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Finally, BMO Capital Markets lifted their price target on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $827.60.

Meta Platforms Stock Down 0.1%

NASDAQ META opened at $609.46 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.54 trillion, a price-to-earnings ratio of 26.92, a PEG ratio of 1.35 and a beta of 1.20. The company has a 50 day moving average of $713.72 and a 200-day moving average of $704.14. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

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

Meta Platforms Announces Dividend

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 $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) 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.