Meta Platforms, Inc. $META Position Raised by Trivest Advisors Ltd

Trivest Advisors Ltd raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 138.1% during the second quarter, HoldingsChannel reports. The fund owned 357,100 shares of the social networking company’s stock after buying an additional 207,100 shares during the period. Meta Platforms comprises approximately 10.2% of Trivest Advisors Ltd’s holdings, making the stock its 2nd largest position. Trivest Advisors Ltd’s holdings in Meta Platforms were worth $263,572,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Csenge Advisory Group raised its holdings in Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after purchasing an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC raised its stake in shares of Meta Platforms by 4.5% in the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after purchasing an additional 34 shares during the last quarter. JMG Financial Group Ltd. acquired a new stake in Meta Platforms during the 1st quarter valued at approximately $284,000. Infusive Asset Management Inc. grew its position in Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after purchasing an additional 2,285 shares during the period. Finally, Spirepoint Private Client LLC lifted its holdings in Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after acquiring an additional 109 shares during the period. Institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wells Fargo & Company reduced their target price on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Guggenheim restated a “buy” rating and issued a $800.00 target price (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. BMO Capital Markets increased their price objective on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research report on Thursday, July 31st. Cantor Fitzgerald dropped their price target on shares of Meta Platforms from $920.00 to $830.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Oppenheimer lowered Meta Platforms from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 30th. Four 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $827.60.

Insider Activity

In other news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $631.00, for a total transaction of $326,227.00. Following the completion of the transaction, the chief operating officer owned 6,924 shares of the company’s stock, valued at $4,369,044. This represents a 6.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jennifer Newstead sold 516 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $631.00, for a total transaction of $325,596.00. Following the transaction, the insider directly owned 26,721 shares in the company, valued at approximately $16,860,951. This represents a 1.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 13,359 shares of company stock worth $9,689,566 over the last three months. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Trading Down 0.1%

Shares of META stock opened at $609.46 on Monday. 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 capitalization of $1.54 trillion, a P/E ratio of 26.92, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. The business’s 50 day moving average is $713.72 and its two-hundred day moving average is $706.28. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the previous year, the business earned $6.03 earnings per share. The company’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 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 issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is 9.28%.

About Meta Platforms

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.